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Showing posts with the label Sumitomo

PT Supreme Energy Miata Laboh Officially Signs EPC Contract for Muara Laboh Stage 2 Geothermal Project

The EPC contract was signed with a consortium of reputable partners  Sumitomo Corporation , PT Inyi Kanya Teknik Persada , and PT Wasa Mitra Engineering  ensuring a collaborative effort that leverages the strengths of each organization.  By: Robert Buluma The contract signing events included a handover ceremony held on February 13, 2025, at  SEML's Head Office and the official contract signing on December 24, 2025 . This article delves into the details of the project, the significance of this milestone, and its anticipated impact on the local community and Indonesia’s broader renewable energy objectives. Project Overview: The Muara Laboh Stage 2 Geothermal Project Understanding Geothermal Energy in Indonesia Indonesia is uniquely positioned as one of the world's richest countries in geothermal resources. Geothermal energy harnesses the natural heat stored beneath the Earth's surface, offering a sustainable, clean, and renewable power source. As global energy ...

Duel In The Pacific Ring Of Fire As 18 Foreign Countries To Invest In Indonesian Geothermal Market

Unleashing Indonesia's Geothermal Potential: A Global Investment Frontier By: Robert Buluma In the heart of the Pacific Ring of Fire lies a treasure trove of untapped energy potential, waiting to be harnessed for the benefit of not just Indonesia, but the entire world. With an abundance of geothermal resources, Indonesia stands at the forefront of renewable energy innovation, attracting the attention of global investors eager to participate in the country's energy revolution. The recent surge of interest from international players such as Sarulla, Itochu, ORKA, Energy Development Corporation (EDC), Sumitomo, Marubeni, INPEX, Masdar, MOECO, Chevron, Fe, ACEN, UNOCAL, Ormat, Enel, Steag, Engie, Mitsubishi, Sumbawa Timur Mining, and Kyushu Electric Power underscores the immense potential of Indonesia's geothermal market. These companies recognize the strategic importance of Indonesia's geothermal resources and are committed to leveraging their expertise and capital to unlo...