US EditionIndonesia's clean energy future is at the center of a supply struggle between the US and China
China’s $54 billion investments in renewables and EVs outpace the U.S. $20 billion clean energy partnership as Indonesia aims to reduce coal reliance amid geopolitical rivalry.
- In 2023, Chinese companies signed agreements worth over US$54 billion with Indonesian state utility PLN, which exceeds the U.S. US$20 billion Just Energy Transition Partnership agreement.
- Indonesia faces a choice between two competing energy futures from the U.S. and China, as highlighted by investments and agreements in clean energy.
- The Just Energy Transition Partnership has only disbursed US$1.2 billion, around 6% of the promised funds, while Indonesia requires over US$97 billion for its energy transition.
19 Articles
19 Articles
Associated Press News
Indonesia's clean energy future is at the center of a supply struggle between the US and China
Indonesia’s clean energy future is at a crossroads. U.S. withdrawal from the $20 billion Just Energy Transition Partnership has raised questions about America’s commitment, while Chinese firms are pouring billions into renewables and electric vehicles, backed by state financing.
Indonesia's clean energy future is at the center of a supply stru
The race to replace coal in Indonesia, the world’s largest coal exporter, has become a contest between the U.S. and China. At stake is not only Indonesia’s climate future, but also which superpower sets the terms for the next generation of energy in the developing world. Like much of the developing world, Indonesia faces a choice between two stark energy futures. Chinese companies signed more than $54 billion in agreements in 2023 with Indonesia…
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