Enviro News Asia, Jakarta — PT Pertamina (Persero) has entered into a partnership with ACWA Power to jointly develop clean energy technologies.
The agreement was formalized through the signing of a Memorandum of Understanding (MoU), which took place during the official visit of President Prabowo Subianto to Saudi Arabia on Wednesday, July 2, 2025.
Pertamina President Director Simon Aloysius Mantiri stated that this collaboration aligns with the government’s target to achieve national energy self-sufficiency by optimizing clean energy sources.
“Pertamina is fully committed to its dual growth strategy—ensuring national energy security while accelerating the energy transition. Our collaboration with ACWA Power is a strategic step in realizing this vision,” Simon Aloysius Mantiri said in an official statement.
Simon added that ACWA Power is a leading global company in renewable energy and gas-to-power solutions.
Pertamina and ACWA Power are poised to engage in strategic collaborations to help position Indonesia as a leader in the energy transition across Southeast Asia.
“By combining strengths in renewable energy, green hydrogen, and sustainable infrastructure, we aim to create real value for both countries and lead the region’s transformation toward a low-carbon economy,” he said.
Pertamina is allocating approximately 14–16 percent of its capital expenditure (Capex) to clean energy development—well above the global energy company average, which typically dedicates only a single-digit percentage.
Pertamina is also developing solar energy to support operations across various clean energy-based business lines.
In addition, Pertamina manages clean energy from geothermal sources, with the largest installed capacity in Indonesia.
The total installed capacity reaches 1,877.5 MW, with annual electricity production from geothermal energy amounting to 4,827.22 gigawatt hours (GWh). (*)
