JAKARTA Indonesian companies are greening their operations to both lure investors and pursue profits in the renewables sphere.
The conglomerate has also declared it will - through its subsidiary United Tractors - no longer invest in exploring for coal. "We are actively seeking assets for investment in renewable energy. We have started doing mini hydros," said Ms Tira. Indonesia's primary energy supply mix at at end-2021 consisted of coal 38 per cent, oil 31.2 per cent, gas 19.3 per cent, and renewable energy such as solar and wind 11.5 per cent.Pioneer solar power project paves way for Indonesia's push into renewables
Electrum recently tied up with Taiwanese electric scooter startup Gogoro to jointly develop the electric vehicle ecosystem in Indonesia, especially the two-wheeled vehicles and battery solution.