Indonesian Political, Business & Finance News

Danantara to Focus on Renewable Energy Projects to Support Indonesia's Net Zero Target

| Source: GALERT
JAKARTA, investor.id – The Daya Anagata Nusantara Investment Management Agency (BPI Danantara) will focus on developing projects related to new and renewable energy. This initiative comes as Indonesia targets achieving Net Zero Emission (NZE) by 2060 or sooner.

Danantara CEO Rosan Roeslani stated that renewable energy projects need to be developed, given Indonesia's abundant resources and potential. "The investments we are making are continuous and sustainable. Because our potential is enormous," said Rosan Roeslani at the DBS Asian Insights Conference at Hotel Mulia, Jakarta, on Wednesday (21/5/2025).

"So, investment in clean energy, renewable energy, is also one of the priorities we wish to pursue," he affirmed.

According to records from the Ministry of Energy and Mineral Resources (ESDM), Indonesia's renewable energy potential amounts to 3.6 terawatts (TW). Renewable energy sources in Indonesia include solar, wind, hydro, air, geothermal, and biofuels.

However, utilisation of renewable energy remains very low. Of the total potential available, utilisation is reportedly still around 1%. Moreover, the renewable energy mix in the national energy supply was still approximately 14% by the end of 2024.

The government is therefore formulating a number of strategies to increase renewable energy utilisation and its share in the energy mix. Meanwhile, Danantara will focus on attracting investment and realising projects related to green energy.

"And our investment potential in renewable energy is currently greatest in solar. Then there is hydro, bioenergy, and wind. Geothermal is also very interesting," he concluded.
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