Green Energy Investment to Boost Industrial Downstreaming and Export Competitiveness

Efforts to accelerate Indonesia’s clean energy transition have received a boost through a strategic investment in green technology. PT Nusantara Quantum Intelligence (PT NQI) has officially signed a multi-million dollar joint venture agreement with Chinese green energy technology firm Hosen-X Shenzhen to build battery and solar wafer factories in Indonesia. The partnership is seen as a crucial step in strengthening the national renewable energy supply chain while supporting the government’s targets for increasing the use of clean energy and electric vehicles.

PT NQI CEO and Founder Walter Kaminski said the collaboration marks a strategic milestone in building the foundation for Indonesia’s green energy industry. “We are not just bringing products, but also transferring technology, developing human resources, and establishing world-class manufacturing capabilities in Indonesia,” Kaminski stated on Monday.

The two main projects include a smart manufacturing battery facility and a solar wafer plant, which are expected to enhance efficiency and reduce the cost of domestic solar energy production. The partnership also grants Indonesia access to advanced green energy technologies, including two-wheeler electric vehicles with battery swap systems, sodium-ion battery technology, large-scale Energy Storage Systems (ESS), and AI-based Virtual Power Plant (VPP) platforms.

Kaminski added that the investment would create significant added value for the national economy and strengthen Indonesia’s position in the global renewable energy supply chain. The initiative aligns with broader national efforts to boost export competitiveness through downstream processing and maintain economic stability amid global uncertainty.