PLN, Sumitomo Collaborate to Accelerate Indonesia’s Energy Transition

  • PLN (Persero) and Sumitomo Corporation have collaborated to accelerate the energy transition in Indonesia.
  • New renewable energy (NRE) generators will soon replace fossil fuel generators that are currently operating, increasing the national clean energy mix.

PLN (Persero) and Sumitomo Corporation have collaborated to accelerate the energy transition in Indonesia. The two companies are jointly studying transferring coal power plant (PLTU) assets and developing new renewable energy (EBT) generators. The agreement was signed by the PLN President Director Darmawan Prasodjo and Sumitomo Corporation CEO Masayuki Hyodo, witnessed by Indonesia Chief of Presidential Staff Moeldoko and Japan Ambassador Kenji Kanasugi during the G20 Summit in Nusa Dua, Bali, Sunday their pact and commitment to reducing carbon emissions. 

Moeldoko said, “This cooperation needs to be developed in a larger context to build a stronger relationship with Indonesia”. Darmawan Prasodjo added that this is a new kind of collaboration that will lead to studies for the early retirement of PLTU by exchanging, developing, constructing, operating, and selling electricity, as well as investing in the green industry. He further stated, “This collaboration shows the world how the energy transition strategy previously seemed fragmented. Today the transition is carried out through collaboration. New renewable energy (NRE) generators will soon replace fossil fuel generators that are currently operating, increasing the national clean energy mix”.

Masayuki Hyodo, Sumitomo Corporation CEO, added, “Now is the time to take steps forward, addressing climate change issues. This issue is urgent for humanity worldwide. Not only in Indonesia but also Japan”. In conclusion, He expressed optimism about the agenda to give hope to the community and many stakeholders in Indonesia.

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