The Muara Laboh geothermal project in West Sumatra has reached financial close for its second unit, allowing construction to begin. Operated by Supreme Energy Muara Laboh (SEML), a joint venture involving Supreme Energy, Sumitomo Corporation, and Inpex, the project’s first 85 MW unit has been operational since 2019. The second unit, with a planned capacity of at least 80 MW, is expected to begin operations in 2027. This expansion aligns with Indonesia’s clean energy push and has secured financing through a mix of institutions, including the Japan Bank for International Cooperation (JBIC) and the Asian Development Bank (ADB), with total investment nearing $500 million. The financing is part of a broader regional decarbonization effort under the Asia Zero Emission Community (AZEC), which has pledged significant funding toward renewable energy projects. JBIC’s contribution includes a $138 million loan, while ADB added $92.6 million. A third 60 MW unit is also planned for 2033. The electricity from the new units will be sold to state-owned utility PLN, with pricing guided by a 2022 presidential decree on geothermal power tariffs.Source:https://jakartaglobe.id/business/japanbacked-muara-laboh-geothermal-reaches-financial-close-for-expansion (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 2 May 2025