Masdar Expands Geothermal Investments in Indonesia's Renewable Energy Sector
GEOTHERMAL
Masdar, a UAE renewable energy company, is expanding its investments in Indonesia's geothermal sector through a partnership with Pertamina Geothermal Energy (PGE), which produces 4.8 TWh annually and helps reduce CO2 emissions by approximately 3.9 million tons. This collaboration aligns with Indonesia's goal of achieving a 23% renewable energy mix by 2025 and aims for net zero emissions by 2060. The strategic investment leverages PGE's technical expertise to support Masdar's clean energy diversification strategy.

Jan 15, 2026, 6:14 AM