ADB Reaffirms Commitment to Indonesia’s Geothermal Future with $180 Million Boost for Clean Energy Development
The Asian Development Bank (ADB ) has once again demonstrated its steadfast commitment to advancing renewable energy in Southeast Asia, approving a $180 million loan to support PT Geo Dipa Energy (GDE) By: Robert Buluma Indonesia’s state-owned geothermal company — in scaling up geothermal electricity generation across Java Island. This funding marks the second additional financing under the Geothermal Power Generation Project, which focuses on constructing and commissioning two geothermal plants, each with a capacity of 55 megawatts. These facilities will contribute much-needed base-load power to the Java–Bali electricity grid, reducing carbon dioxide emissions by over 550,000 tons annually — a significant step toward Indonesia’s decarbonization goals. > “ADB is pleased to partner with the Government of Indonesia in advancing the country’s sustainable energy transition,” said Jiro Tominaga, ADB Country Director for Indonesia. “PT Geo Dipa Energy plays a catalytic role in driving the...