PLN Partners with Climate Group to Open New Renewable Energy Investment Opportunities

PLN Partners with Climate Group to Open New Renewable Energy Investment Opportunities. (illustration image source: Pexels/ Thắng-Nhật Trần)

JAKARTA, Jakartaweekly.com — PT PLN (Persero) has partnered with international non-governmental organization Climate Group to accelerate renewable energy development in Indonesia while opening new investment opportunities in the sector.

The partnership was marked by the signing of a memorandum of understanding (MoU) between PLN and Climate Group at the Indonesia Sustainability Forum (ISF) in Jakarta on Tuesday (October 6, 2026).

Under the partnership, PLN and Climate Group will focus on strengthening PLN’s renewable energy offerings, unlocking new investment in renewable energy projects, and connecting areas with abundant renewable energy resources to business hubs across Indonesia.

PLN Director of Commerce Fahrur Rozy said the partnership represents an important step toward strengthening Indonesia’s green energy ecosystem.

“As demand for renewable electricity grows, PLN is committed to providing reliable and credible green energy solutions that meet evolving customer needs,” Fahrur said, Tuesday, Oct. 6, 2026.

He said PLN, through its partnership with Climate Group, aims to strengthen the link between growing demand for green energy and the development of renewable energy solutions in Indonesia.

The partnership is also aimed at opening new investment opportunities in the renewable energy sector.

“The signing of this MoU, witnessed by PLN President Director Darmawan Prasodjo, reflects our shared commitment to turning ambition into action,” Fahrur said.

Climate Group CEO Helen Clarkson said Indonesia has the potential to become a renewable energy powerhouse. However, unlocking that potential will require significant business investment in new clean energy projects.

“RE100 companies such as APP, our first Indonesian member, want reliable and affordable renewable electricity,” Helen said.

According to Helen, Climate Group will work with its members and PLN to help deliver the energy security, competitiveness and economic growth that renewable energy can bring to Indonesia.

The PLN–Climate Group partnership comes as Indonesia works to increase its renewable energy capacity. Indonesia is targeting the development of 100 gigawatts (GW) of new solar power capacity by 2030.

Indonesia also has significant renewable energy potential across various regions, while demand for renewable electricity from businesses continues to grow in key economic hubs.

Strengthening connections between areas with renewable energy resources and areas with high electricity demand could create new opportunities for renewable energy projects and private investment.

Growing Demand for Green Electricity

Climate Group said more than 140 RE100 members operating in Indonesia have committed to switching to 100% renewable electricity. These companies consume around 3 terawatt-hours (TWh) of electricity annually in Indonesia.

RE100, together with the Institute for Essential Services Reform (IESR) and Equatorise, is also working to create greater opportunities for these companies to advance their renewable electricity goals.

Institute for Essential Services Reform (IESR) Chief Executive Officer Fabby Tumiwa said access to reliable and affordable renewable electricity is increasingly becoming a factor in companies’ investment decisions.

According to Fabby, Indonesia risks losing investment to regional competitors if companies cannot secure the clean power they need to meet their decarbonization targets.

“APP’s RE100 commitment sends a clear signal of demand. The Climate Group–PLN partnership must help turn that demand into new renewable power projects and better access for businesses,” Fabby said.

Fabby said Indonesia needs stronger power grids connecting renewable energy resources with industrial centers, faster deployment of renewable power generation, and more flexible electricity procurement options.

These options include power wheeling and direct power purchase agreements.

According to Fabby, such reforms could unlock private investment while strengthening Indonesia’s industrial competitiveness.

Meanwhile, APP Group became the first Indonesian company to join RE100. The pulp and paper manufacturer has committed to meeting 100% of its electricity needs from renewable energy by 2050.

APP Chief Sustainability Officer Elim Sritaba said joining RE100 is part of the company’s efforts to integrate climate action into its business strategy.

“We hope this commitment not only strengthens our own transition efforts, but also contributes to building greater awareness and momentum for the adoption of renewable electricity in Indonesia,” Elim said.

As demand for green electricity from businesses grows, the PLN–Climate Group partnership is aimed at connecting that demand with renewable energy potential across Indonesia and encouraging new investment in clean energy projects.

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