Indonesia's PT Pertamina Expects 15% Revenue Increase from Renewable Energy Sector in Five Years

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Researched by Industrial Info Resources (Sugar Land, Texas)--Indonesia's PT Pertamina (Persero) is targeting a revenue increase from its new and renewable energy sector, which it expects to grow 15% over the next five years.

Geothermal will be Pertamina's renewable energy mainstay, followed by solar energy, hydro and other sources. PT Pertamina (Persero) currently has a geothermal generating capacity of 1.2 gigawatts (GW), which is operated by PT Pertamina Geothermal Energy. It's target for additional new and renewable energy is almost 5.5 GW.

Industrial Info is tracking 21 PT Pertamina (Persero) renewable energy projects, valued at nearly $2.5 billion. Click here for a list.

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