Asia Pacific

• Region: Asia Pacific
• Topics: Geothermal
• Date: 24 May, 2025

GNS Science has unveiled a pioneering tool designed to help the geothermal energy sector make faster, more informed decisions with greater confidence. 

• Region: Asia Pacific
• Topics: Geothermal
• Date: 9th June 2025

Indonesia’s PT Pertamina Geothermal Energy (PGE) has reiterated its commitment to realising its installed capacity target of 1GW (gigawatt) within the next 2–3 years, and to 1.7GW by 2033.

The company outlined its latest plans to investors at its annual general meeting in Jakarta last week, unveiling net profit of US$160mn in 2024, against revenues of US$401mn.

“The positive financial and operational performance confirms the success of our sustainable business strategy in advancing geothermal development in Indonesia for the benefit of the wider community,” said Yurizki Rio, Director of Finance.

Currently, PGE holds 15 geothermal working areas with a total installed capacity of 1,878 MW.

Around 672.5MW is independently operated, with the balance, 1,205MW, managed under joint contracts with partners.

The installed geothermal capacity within PGE’s working areas contributes approximately 80% of Indonesia’s total installed geothermal capacity, making it an integral player in Indonesia’s energy transition plans.

PGE recorded increased production across several areas in 2024, including Kamojang (up 5.36% year-on-year), Lahendong (up 0.4%), and Lumut Balai (up 2.72%).

In total, electricity production reached 4,827.22 GWh, up 1.96% from the previous year, the company reported, citing a “stable and efficient” operational performance.

In a statement, PGE noted that it is “optimistic” it can increase its independently-operated installed capacity to 1GW within the next two years, and again to 1.7GW by 2033.

It also noted that the Lumut Balai Unit 2 project is expected to begin operations in mid-2025, which “will further strengthen PGE’s green energy portfolio.”

“This effort supports the transformation agenda of the national energy mix by increasing renewable energy generation capacity to 76% during the 2025–2034 period,” said president director, Julfi Hadi.

“We…remain committed to delivering our best performance in support of the national energy transition,” he added.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 5 June, 2025

Project InnerSpace, a nonprofit organization focused on removing barriers to large-scale geothermal development, has partnered with the Institute for Essential Services Reform (IESR), a leading energy think tank in Indonesia, to help accelerate the growth of Indonesia’s geothermal sector.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 27 May, 2025

Energy industry giant ABB has outlined its keenness to play a role in growing Indonesia’s geothermal industry.

In a news article posted on the group’s website on 26 May, 2025, Abhinav Harikumar, Vice President ABB Energy Industries, Southeast Asia, highlighted the country’s huge geothermal energy  potential.

“Indonesia is harnessing its vast geothermal potential to drive a sustainable energy transition,” said Harikumar.

As one of the world’s leading geothermal-rich nations, the country is strategically integrating this clean energy into its national mix to bolster energy security, he added.

“Geothermal plays a central role in Indonesia’s National Energy Policy and is key to achieving its ambitious renewable energy targets, including net-zero emissions by 2060 and new pathways for economic growth and energy independence.”

ABB already has a strong track record in Indonesia’s geothermal sector through the Wayang Windu geothermal power plant operated by Star Energy.

In collaborations with companies like ABB, Star Energy retrofitted its cooling tower, with ABB upgrading the Distributed Control System (DCS) to boost capacity.

Another project within this plant involved the upgrade of Human Machine Interface (HMI) enhanced operational efficiency and safety of the plant’s operation.

Harikumar said such projects and collaborations were vital to underpinning the successful long-term growth of the sector.

“Realising geothermal energy’s potential requires clear strategies and industry collaboration,” he noted.

“Private sector collaboration is essential to advancing Indonesia's geothermal projects, with companies like ABB providing critical expertise in automation and electrification. These help to enhance efficiency and address challenges such as connectivity in remote areas.”

Given the high upfront investment for exploration and development, he also added that long-term partnerships will be crucial for scaling geothermal energy and ensuring projects become operational.

“As Indonesia pursues its 2060 net-zero target, maximising geothermal resources will be the key to its renewable energy transition – shaping a more resilient and sustainable energy future.”

• Region: Asia Pacific
• Topics: Geothermal
• Date: 19th May 2025

Taiwan’s Vice Minister of Economic Affairs, Lai Chien-Hsin, has reiterated the critical role geothermal will play in the island’s energy transition.

A 14th May press release issued by the Ministry of Economic Affairs’ Energy Administration flagged recent comments by the Vice Minister from the 2025 Taiwan International Geothermal Conference.

The event, hosted by the Ministry, took place in Taipei in April.In his opening remarks, Vice Minister Lai said promoting renewable energy is critical to achieving sustainability and energy transition goals in Taiwan.

“With Taiwan's favourable geological conditions, it has completed the construction of six geothermal power plants,” the statement read. “This year, more geothermal power plants will be connected to the grid.”

The Vice Minister also welcomed geothermal scholars, developers and experts to the conference, stating that collaboration between international enterprises and local Taiwanese firms can contribute to the island’s net-zero emission goals and address climate challenges.

The Taipei conference brings together leading geothermal experts, government representatives and industry leaders from the United States, New Zealand, Canada, the Philippines, and other countries to explore cutting-edge technologies and the future development of geothermal energy.

Held in a hybrid format with both in-person sessions and online streaming, the conference attracted more than 700 participants from around the world, including representatives from academia, industry, government and research institutions.

This year’s agenda featured a broad range of topics, including the status of geothermal energy development in Taiwan, industry trends, advanced technologies and innovative application, and the role of local governments in promoting geothermal power.

The Energy Administration and the Geological Survey and Mining Management Agency presented Taiwan's geothermal policies and exploration progress.

CPC Corporation and Taiwan Power Company also delivered updates on development strategies and technical breakthroughs, which have attracted investment and interest from both domestic and international companies.

On the second day of the conference, there was also a site visit for to CPC Corporation's Yuanshan No.1 Well, Taiwan's first deep geothermal exploratory well.

“Jointly developed by Academia Sinica and CPC, and currently drilled to a depth of 1,820 metres, this well marks a key milestone for Taiwan's deep geothermal progress,” the Ministry statement noted.

It added that Taiwan aims to strengthen global partnerships, foster innovation and accelerate the growth of its geothermal sector as part of moves to build a long-term and sustainable energy sector.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 14 May, 2025

Enhanced geothermal systems (EGSs) are one among the two reservoir-independent approaches currently being explored by geothermal developers to tap into geothermal energy without relying on natural hydrothermal reservoirs.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 1 May, 2025

National Taiwan Ocean University (NTOU) and the University of Texas at Austin (UT Austin) signed an MOU to collaborate on geothermal research and accelerate the development of Taiwan's geothermal resources.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 23 April, 2025

The advancement of geothermal energy in Vanuatu has reached a significant milestone, with Australia-based Groundlink Energy Pty Ltd now entering the final stage of its geothermal exploration in Takara, North Efate.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 17 April, 2025

Global geothermal developer, Baseload Capital, has signed the first corporate power purchase agreement (CPPA) with Google for the supply of clean geothermal energy across its operations in Taiwan.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 15 April, 2025

PT Pertamina Geothermal Energy Tbk (PGE) has signed a Joint Study Agreement (JSA) with Turkish energy company Zorlu Enerji Elektrik Üretim A.Ş (Zorlu Enerji) to encourage intergovernmental cooperation in the renewable sector through joint studies of geothermal projects.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 8 April, 2025

A rapid increase in investment in renewable energy projects in Asia has led to the geothermal power market growth in the region.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 27 March, 2025

PT Pertamina Geothermal Energy Tbk (PGE) has recorded a positive financial year through 2024 where the company reported revenues of US$407.12mn in line with the increasing demand for clean energy in Indonesia.