Indonesia, Masdar discuss expanding renewable energy investment
Jakarta (ANTARA) - Indonesia is seeking to accelerate renewable energy investment as part of its push toward energy sovereignty, with a senior parliamentary leader holding talks in Abu Dhabi with UAE-based clean energy firm Masdar, officials said Sunday.
Deputy Speaker of the People’s Consultative Assembly (MPR RI) Eddy Soeparno met Masdar Clean Energy executives to explore opportunities to expand the company’s renewable energy footprint in Southeast Asia’s largest economy, amid Jakarta’s drive to speed up its energy transition.
Soeparno, accompanied by Indonesia’s ambassador to the United Arab Emirates, Judha Nugraha, was received at Masdar’s headquarters by Chief Operating Officer Abdulaziz Alobaidli and Head of Development and Investment Fatimah Al Suwaidi on Saturday.
“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 released in Jakarta.
He also signaled readiness to support Masdar on legislative and policy-related matters should the company require assistance as it 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.
During the meeting, Alobaidli reaffirmed Masdar’s commitment to deepen its 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.
He added that Masdar hopes Indonesia’s regulatory framework for renewable energy development will continue to become more conducive and 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 Indonesia’s lawmakers are currently prioritizing several key bills, including 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.
