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Deal making has been running at a solid pace in Indonesia so far this year. In Q1 2023, 26 deals were recorded a gain of 18% on the previous quarter by volume for a total of US$2.2. ....
A worker inspects solar panels on top of the Energy and Mineral Resources Ministry Electricity Directorate General’s office in Jakarta.-JP JAKARTA (The Jakarta Post/ANN): State-owned steelmaker Krakatau Steel plans to build a 40 megawatt (MW) floating solar photovoltaic (PV) power station in Banten to power the operations of its water treatment subsidiary, PT Krakatau Tirta Industri (KTI). KTI signed a US$14 million deal on Monday (April 5) with energy company Akuo Energy Indonesia, a subsidiary of Paris-based Akuo Energy SAS, to develop the floating station on its water reservoir in Cilegon, Banten. Krakatau Steel president director Silmy Karim said the power station would have a 16 MW capacity by 2022 that would cut power bills by Rp 7.8 billion ($537,352.92) annually. ....