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View all search resultsAn initial public offering (IPO) by Pertamina Geothermal Energy (PGE), the geothermal arm of state-owned oil and gas giant Pertamina, is expected to receive a positive response from the market with its business being in line with the world’s shift toward renewables and sustainable investments.
The main barriers to the maximization of renewable energy sources in ASEAN are institutional policy uncertainty on renewable projects, limited access to funding and a lack of appropriate technologies and expertise.
Extractive industry players have expressed doubt that the recently passed Job Creation Law will be quick to solve issues hindering the sector’s growth despite hopes over deregulation and potential future investments offered through the legislation.
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