Indonesia is working to accelerate investment in renewable energy to bolster its energy independence, with a parliamentary leader recently meeting with clean energy firm Masdar in Abu Dhabi, officials said.
Indonesia Seeks to Accelerate Renewable Energy Investment
Deputy Speaker of the People’s Consultative Assembly (MPR RI) Eddy Soeparno met with Masdar Clean Energy executives on Saturday to discuss expanding the company’s renewable energy presence in Indonesia, as Jakarta aims to speed up its energy transition. Soeparno was accompanied by Indonesia’s ambassador to the United Arab Emirates, Judha Nugraha, and met with Masdar Chief Operating Officer Abdulaziz Alobaidli and Head of Development and Investment Fatimah Al Suwaidi at Masdar’s headquarters.
“Under the leadership of President Prabowo, Indonesia continues to accelerate its transition toward renewable energy as part of a commitment to achieving energy sovereignty while ensuring a clean and healthy environment,” Soeparno said in a statement.
Soeparno also offered support to Masdar regarding legislative and policy matters as the company expands its investments in Indonesia. “At the MPR, we serve as a meeting point and policy enabler for stakeholders, ensuring that regulations and the implementation of renewable energy policies can proceed effectively, swiftly, and in an investment-friendly manner,” he said.
Masdar reaffirmed its commitment to increasing renewable energy investments in Indonesia, building on its involvement in the Cirata Floating Solar Power Plant in West Java, one of Southeast Asia’s largest solar projects.
“We are committed to expanding the scope of our renewable energy investments in Indonesia, especially as we are aware that President Prabowo is committed to increasing Indonesia’s renewable energy capacity to 10 gigawatts,” Alobaidli said.
Masdar expressed hope that Indonesia’s regulatory framework for renewable energy development will continue to improve and become more open to foreign investment. “We look forward to collaborating with Deputy Speaker Eddy Soeparno to ensure a larger share of renewable energy in Indonesia and to accelerate the country’s energy transition,” he said.
Soeparno noted that Indonesian lawmakers are currently prioritizing the New and Renewable Energy Bill, the Electricity Bill, and the Climate Change Management Bill. “The Climate Change Management Bill is something we are strongly advocating to pass as soon as possible, given that the impacts of climate change are already evident,” he said, adding that the legislation is expected to help speed Indonesia’s transition toward clean energy.
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