ASIATODAY.ID, JAKARTA – Indonesia’s green energy ambitions gained significant momentum as ACWA Power, a leading energy company from Saudi Arabia, signed a memorandum of understanding with the Indonesia Investment Authority (Danantara) for an investment worth US$10 billion (approximately IDR 162 trillion).
This strategic partnership marks a major milestone in the country’s clean energy transition, aligning with Indonesia’s commitment to achieving net zero emissions by 2060. The investment will support a range of renewable energy projects, including solar power plants, combined cycle gas turbines, green hydrogen development, and water desalination facilities.
Rosan Roeslani, CEO of Danantara, emphasized that the partnership reflects Indonesia’s serious commitment to strengthening its green energy ecosystem and enhancing national energy security.
“This MoU demonstrates our dedication to accelerating green energy solutions while attracting high-quality foreign investment,” said Rosan quotes, July 8, 2025.
With ACWA Power bringing advanced technology and financing, Indonesia is well-positioned to address the challenges of energy transition and generate new green jobs across the sector.
Backed by the Saudi–Indonesia Supreme Coordination Council
The partnership is further supported by the Saudi–Indonesia Supreme Coordination Council, established following President Prabowo Subianto’s recent state visit to Riyadh.
“This council serves as an institutional framework to monitor and coordinate joint projects in energy, infrastructure, and technology,” President Prabowo stated.
By combining Danantara’s local expertise with ACWA Power’s global experience, this collaboration is expected to position Indonesia as a regional leader in renewable energy development across the Asia–Pacific. The government remains optimistic that the partnership will strengthen the clean energy ecosystem and foster long-term sustainable economic growth. (AT Network)
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