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MEDCO POWER SUPPORTS THE ACCELERATION OF THE ENERGY TRANSITION TOWARDS NET ZERO EMISSIONS

Jakarta, July 12th, 2023 – PT Medco Power Indonesia (“Medco Power”) plays active role in the process of accelerating the energy transition towards Net Zero Emission in Indonesia. Medco Power is participating in the 11th Indonesia EBTKE ConEx, 12-14 July 2023, a conferences and exhibitions held by Indonesia Renewables Energy Society aims to highlight the importance of increasing clean and sustainable energy in Indonesia’s energy mix and establish a national baseline to assess Indonesia’s progress in planning and achieving its Net Zero Emission target in 2060.

During the Indonesia EBTKE ConEx 2023, Medco Power signed a few joint studies agreements regarding implementation of Solar PV for MedcoEnergi Group and Data Center in Batam with PT PLN Persero, mutual interest in geothermal areas in Sumatra with MOECO, potential application of advance technology in geothermal projects with GreenFire Energy, potential development of green hydrogen with ACWA Power and memorandum of understanding of joint study on green energy power solution for data centre of PT Telkom Data Ekosistem (NEUTRADC) in Batam and power demands within Indonesia and Southeast Asia.

President Director of  PT Medco Power Indonesia, Eka Satria said, “As a leading clean and renewable energy company in Indonesia, the signing of these joint studies support our climate change strategy to expand our renewable portfolio and achieving Net Zero Emissions for Scope 1, Scope 2 by 2050 and Scope 3 in 2060, in line with government’s energy transition program.

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