Called Sidrap Project, it is the first utility-scale wind farm project in Indonesia targeted to have a generating capacity of 75 MW and is expected to be completed before 2017 ends.
Search Results for: UPC Renewables Indonesia
PT UPC Sidrap Bayu Energi, a subsidiary of US renewable energy company UPC Group, has signed financing deal with Overseas Private Investment Corporation (OPIC) of US worth $120 million to finance the development of Indonesia’s largest wind farm in South Sulawesi.
International Finance Corporation (IFC), a member of the World Bank Group, and Asia Green Capital Partners Pte Ltd, a renewable-energy developer and investment company, will be co-developing the first wind-power project in Indonesia’s South Sulawesi province. On Aug. 17, as part of the celebrations for the 70th anniversary of Indonesia’s independence,… Read more »
The Indonesian government expects to get loan about $2-2.5 billion soon from the newly established Asian Infrastructure Investment Bank (AIIB), an official told DEALSTREETASIA.
Asia Green Capital Partners Pte Ltd, Singapore-based Asia-focussed renewable-energy developer and investment company, has appointed Standard Chartered Bank as its financial advisor for the company’s upcoming fund raising exercise, said Managing Director Edgare Kerkwijk said in a press statement. This exercise will cover the company’s funding requirement for development and construction… Read more »
World Bank (WB) has agreed to form a new five-year country partnership Framework with Indonesia and will be providing more than $10 billion to support the country’s energy, infrastructure development and social programs to reduce poverty. While Asian Development Bank (ADB) has approved an aid worth $600 million for the… Read more »
The acquisition is seen as a major milestone for AC Energy as it scales up its renewable energy platform and establishes its presence in Indonesia.
Indonesia geothermal power producer PT Pertamina Geothermal Energy (PGE), a unit of state-owned PT Pertamina, will invest $2,5 billion to develop seven geothermal projects, that may be commissioned by 2019. By 2025, PGE targets a total geothermal capacity of 7,094.5 megawatts (MW) from 437 MW at present. PGE President Director Irfan Zainuddin said,… Read more »
Irdeto, a subsidiary of South African multinational media group Naspers (JSE: NPN), said it is partnering with Samsung and SMiT, to launch the first broadcast Direct-2-TV (D2TV) system for Transvision, an Indonesian satellite, internet and cable television operated by PT Indonusa Telemedia, that does not require a set-top box. Indonusa Telemedia was… Read more »
A number of investors from Europe, United State and Qatar are in talks with the Indonesian government for collective investment of around $1.3 billion in the sectors of renewable energy and power plants in the country. This was revealed by a senior official at the Investment Coordinating Board (BKPM) . The renewable energy projects… Read more »