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View all search resultsAs geopolitical crises bring the global economy to its knees, tinkering with interest rates won't save failing currencies—only a structural overhaul of a nation’s foundational "5Es," starting with energy self-sufficiency, can weather the storm.
The state-owned electricity firm's power generation subsidiary, PLN IP, has signed an agreement with Bangladesh's Bay Group to explore renewable power development in the country, including opportunities to bid on national solar power projects.
The state asset fund is eyeing a US$30 billion renewable energy project that will export power to Singapore as well as supply the national grid, but licensing and funding issues related to a prior solar farm deal continues to cast a cloud of uncertainty among investors.
Indonesia’s path to a net-zero society is being choked by more than just carbon emissions; it is drowning in a sea of plastic and a lack of local infrastructure. While President Prabowo pivots toward renewables, true sustainability will remain a fantasy until the political will at the top translates into accountability for the polluters on the ground.
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