Skip to main content

A Whooping $126 Million Streams Into Indonesian Geothermal From USA

Exciting News: The United States Commits $126 Million to Indonesian Geothermal Energy Project

By:Robert Buluma

JAKARTA, INDONESIA – In a powerful stride towards a sustainable future, the U.S. International Development Finance Corporation (DFC) has announced a landmark investment of up to $126 million in the Indonesian power company PT Medco Cahaya Geothermal. This significant commitment, unveiled by DFC’s Deputy Chief Executive Officer Nisha Biswal, underscores a deepening partnership between the United States and Indonesia in the realm of renewable energy.

A Boost for Indonesia’s Energy Security

The investment will bolster the development of the Ijen Geothermal power plant’s 31MW Phase I in East Java, a densely populated province with 40 million residents. This project promises to enhance the Java-Bali grid, Indonesia's largest power system, by providing essential low-carbon baseload power. With this initiative, the United States and Indonesia are not only aiming to strengthen energy security but also to promote a cleaner and more sustainable energy infrastructure.

Strategic Partnership for a Just Energy Transition

The timing of this commitment is crucial as Indonesia pursues its Just Energy Transition Partnership (JETP), an initiative forged with global leaders during its G20 presidency. Power grid enhancements are pivotal to this strategy, and the Ijen Geothermal project is set to play a key role. The project exemplifies the collaborative spirit between Indonesia and the United States, highlighting their shared goals in advancing infrastructure, renewable energy, and small business support.

Reinforcing Shared Goals

At the ceremonial signing event in Jakarta, DCEO Nisha Biswal emphasized the importance of this project within the broader U.S.-Indonesia Comprehensive Strategic Partnership. "The Ijen Geothermal power plant is a key part of Indonesia’s ambitious strategy for an energy transition," said Biswal. "This project also reinforces our shared goals through the U.S.-Indonesia Comprehensive Strategic Partnership, which will enhance economic and energy security for both of our countries."

A History of Investment and Empowerment

This latest investment follows a November 2023 announcement by the DFC, which saw $131 million funneled into small businesses and women’s economic empowerment in Indonesia. These initiatives are part of the U.S. Government's broader Indo-Pacific Strategy, which includes the Indo-Pacific Economic Framework and the Partnership for Global Infrastructure and Investment, all aimed at bolstering economic ties and infrastructure development in the region.

The Road Ahead

The U.S. International Development Finance Corporation continues to lead with investments that address critical challenges in developing countries. From energy and healthcare to infrastructure and small businesses, DFC's projects are designed to uphold high standards, respecting the environment, human rights, and worker rights.

As Indonesia and the United States advance their partnership through groundbreaking projects like the Ijen Geothermal power plant, the future looks brighter for sustainable energy and economic development in the region. This collaboration not only sets a precedent for future initiatives but also exemplifies the power of international cooperation in tackling global challenges.

As the world grapples for a Just Energy transition we have also seen Oil and gas companies also going beyond Geothermal

Stay tuned for more updates on this and other transformative projects shaping the future of Indonesia and its dynamic partnership with the United States.

Source:Us Embassy

Connect With Us:Alphaxioms

Comments

Popular posts

Meta and XGS Energy Partner on 150 MW Geothermal Power Project in New Mexico

Meta and XGS Energy Partner on 150 MW Geothermal Power Project in New Mexico A Game-Changer for AI, Clean Energy, and the Future By Robert Buluma – Alphaxioms Energy Blog In a bold move that signals the future of energy and technology convergence, XGS Energy and Meta Platforms, Inc. have announced a groundbreaking agreement to develop 150 megawatts (MW) of next-generation geothermal energy in New Mexico. This partnership not only promises to reshape the state's energy landscape but also underscores the growing demand for sustainable, round-the-clock power to fuel the age of artificial intelligence (AI) and data-driven economies. Clean Power Without Water – XGS’s Unique Edge At the heart of this partnership lies XGS Energy’s proprietary solid-state geothermal technology. Unlike traditional geothermal systems that rely heavily on water and specific geological conditions, XGS’s innovation enables electricity production from hot, dry rock  with zero operating water use. This water-inde...

Driving the UK Toward Net Zero: Chris Sladen on Geothermal’s Untapped Potential

Alphaxioms, we talked to Chris Sladen about his involvement in geothermal both in the UK, and globally By:  Robert Buluma Chris, please begin by explaining a little about yourself, and why you have a passion for geothermal? I have spent over 45 years involved in energy. Following undergraduate studies in geology at Southampton University, and a PhD in sedimentology at Reading University, I joined the energy sector in Aberdeen in 1980. It was a fascinating era when it seemed like at least one giant oil & gas field was discovered offshore every month; the wealth creation for the UK was gigantic. I got to see so much geology and rocks - my true passion. I moved to China in late 1983; not today’s China, this was over 40 years ago, a country closed for decades and embarking on an open-door policy, in part to bring both investment and technology. I became very interested in energy trends, energy politics, and new geography created by changing politics leading to opportunities for ene...

EAPOSYS and Halliburton Unite to Supercharge the Future of Advanced Geothermal Systems

EAPOSYS  Partners with  Halliburton to Accelerate the Deployment of Advanced Geothermal Systems By:  Robert Buluma Biel/Bienne, Switzerland – October 10th, 2025  The race toward a sustainable energy future just got hotter. EAPOSYS SA, a Swiss geothermal innovation company, has joined forces with Halliburton (NYSE: HAL) to fast-track the deployment of its groundbreaking Advanced Geothermal Systems (AGS) . Under the newly signed agreement, Halliburton will conduct a subsurface feasibility study to evaluate and optimize the scalability of EAPOSYS’s patented closed-loop geothermal architecture. This collaboration will refine well designs, assess stratigraphic conditions, and minimize drilling risks  paving the way for the industrial-scale rollout of clean, predictable geothermal energy . “EAPOSYS SA has developed an innovative, patented, closed-loop architecture to deploy AGS anywhere in the world,” said Naomi Vouillamoz , CEO and co-founder of EAPOSYS. “AGS ...

Eavor and SLB Partners To Develop Eavor Loop Technology

Eavor  & SLB : Unlocking a Revolution in Clean Energy Production By:  Robert Buluma Image: The SLB & Eavor Team at Geretsried Imagine a world where energy is not only clean but also consistent, dependable, and accessible worldwide. This vision is becoming a reality, thanks to an innovative partnership between  Eavor Technologies and  SLB (formerly Schlumberger). Together, they are pioneering a groundbreaking approach to harnessing renewable energy, promising to redefine how we produce and consume power and heat. At the heart of this collaboration lies Eavor 's revolutionary technology, the Eavor-Loop™, a closed-loop geothermal system that is unlike anything seen before. The partnership reached a critical milestone recently at Getesried, the home of the first commercial Eavor-Loop™, where the SLB and Eavor teams met to celebrate this transformative project. What Is the Eavor-Loop™? The Eavor -Loop™ is a closed-loop geothermal system that eliminates the tradi...

Innargi and H. Anger’s Söhne Forge Long-Term Partnership to Power Geothermal Growth in Denmark and Germany

INNARGI  and  H. Anger’s Söhne Seal a Groundbreaking Geothermal Drilling Deal for Denmark and Germany By:  Robert Buluma In a major stride toward Europe’s clean energy ambitions, Innargi A/S, a leading Danish geothermal developer, has entered into a three-year framework agreement with H. Anger’s Söhne Bohr- und Brunnenbaugesellschaft mbH, one of the continent’s most experienced drilling companies. The deal covers the provision of drilling rig services for geothermal projects across Denmark and Germany, marking a significant advancement in the region’s pursuit of sustainable, low-carbon district heating. Under the agreement, approximately 20 deep geothermal wells will be drilled over the next three years, each designed to supply renewable and stable heat to communities. These wells will utilize the City Rig 500, one of Europe’s quietest and most technologically advanced rigs — developed jointly by Anger and Herrenknecht Vertical. The City Rig 500’s design is tailored spec...

Ignis raises $12.5m in Series A First Closure for its Geothermal portfolio

Ignis H2 Energy Raises $12.5M in Series A First Close: Paving the Way for a Sustainable Future in Geothermal Power By: Robert Buluma An image example of a geothermal drilling rig at Eden Geothermal In a groundbreaking move, Ignis H2 Energy Inc. has successfully secured $12.5 million in the first close of its Series A funding round, a game-changer for the geothermal industry. The funding comes from a distinguished consortium of investors, including leading funds, private individuals, and strategic partners like drilling contractor Nabors Industries. The round is led by alfa8 , a firm dedicated to advancing technologies for a sustainable future. This infusion of capital is set to accelerate Ignis Energy's mission to develop geothermal power across the globe, tapping into vast untapped energy reserves in the USA, Turkey, Indonesia, and Italy. This is not the first time we are seeing Geothermal startups raise tangible amounts of money as Sagegeosystems also had raised a similar amount...

Mastering the Subsurface: Insights from a Geothermal Reservoir Engineer

Geothermal energy is often called the “quiet backbone” of the clean energy transition. To understand the science, challenges, and innovations driving this sector, we spoke with a seasoned geothermal reservoir engineer with experience spanning the Andes, Nevada, Utah, and volcanic fields worldwide. Here’s what they shared. By:  Robert Buluma 1. What sparked your passion for geothermal reservoir engineering, and did you ever imagine yourself working in some of the world’s most challenging geothermal fields? My passion was sparked during my early career in the petroleum industry, specifically in reservoirs. I was fascinated by the subsurface—how fluids move, how heat and pressure interact but it wasn’t until I worked on projects in Peru that I realized geothermal offered the chance to apply my skills to clean energy. I never imagined I would later work on Enhanced Geothermal Systems (EGS) projects in Nevada and Utah or Andean volcanic fields, where the geology is as unforgiving as it ...

Geothermal Projects In Africa, Countries Overview

 Geothermal Projects in Africa: Country-wise Overview By : Robert Buluma Africa is increasingly turning to geothermal energy as a sustainable solution to meet its growing electricity demands. With abundant geothermal resources spread across the continent, several countries have embarked on ambitious projects to harness this clean and renewable energy source. Let's delve into the geothermal projects in various African countries, highlighting key players and prospects. Algeria Algeria is exploring its geothermal potential, particularly in the northern regions. Although in the early stages, initiatives are underway to assess feasibility and potential locations for geothermal power plants.  Burundi Burundi has shown interest in developing its geothermal resources, primarily in the northwest region near Lake Tanganyika. The government is actively seeking partnerships with international firms to kickstart exploration and development efforts. Comoros The Comoros Islands are situated ...

Mercury, Contact Lead NZ's Supercritical Geothermal Energy Revolution

🌋 From the Ground Up: New Zealand’s Bold Leap into a Supercharged Geothermal Future By:  Robert Buluma In the heart of New Zealand, beneath the rugged volcanic landscapes and steaming geysers, lies an energy revolution waiting to erupt. On July 30th, 2025, a powerful message echoed from the geothermal capital of the Southern Hemisphere — New Zealand is not just embracing its geothermal potential; it is preparing to unleash it. With the unveiling of the draft strategy titled From the Ground Up , the government, led by Minister Shane Jones for Resources and Regional Development, signaled a transformative shift in how the nation will harness the heat beneath its feet — and it's as ambitious as it is inspiring. 🔥 A Legacy Forged in Steam New Zealand’s geothermal story is deeply rooted in its identity. Long before turbines spun and power grids buzzed, Māori ancestors were using geothermal waters for warmth, healing, and cooking. Geothermal, or waiwhatu , is more than a resource — ...

"Rolls-Royce and the Czech Republic Join Forces for a Nuclear Revolution: The Future of Energy is Here!"

How a Rolls-Royce SMR plant might look (Image: Rolls-Royce SMR) Rolls-Royce and the Czech Republic are collaborating to bring cutting-edge nuclear technology to the heart of Europe. The two nations have joined forces to explore the deployment of Rolls-Royce's Small Modular Reactors (SMRs) in the Czech Republic, with the hope of combining their expertise to bring this revolutionary technology online by the early 2030s. The UK Minister for Trade Policy, Greg Hands, believes that this partnership will not only support growth and job creation, but also boost the economy and enhance energy security. The Rolls-Royce SMR, with a design capacity of 470 MWe, is based on a small pressurized water reactor and the company aims to have the first one in operation in the UK by the end of the decade. In March 2022, the Czech energy company CEZ announced its intention to build the country's first SMRs at its Temelín site, having already signed Memorandums of Understanding with several other nuc...