Eyeing energy mix target, PGEO readies to operate Lumut Balai Unit 2
27 May 2025 14:01
Align with PLN’s 2025–2034 plan, PGEO to support geothermal energy supply through Lumut Balai plant.
PGEO to launch laboratory testing services, eyes 12.7% revenue growth
20 May 2025 10:45
Potential revenue growth of 12.7%, yet PGEO’s plan still awaits shareholders' approval.
Latest dividend forecast for PGEO for the 2024 financial year
11 Mar 2025 10:38
PGEO management reveals estimated dividend allocation to be distributed for the fiscal year 2024.
Government eyes extra 103 GW capacity, 75% from renewable energy
31 Jan 2025 15:43
The government plans to construct nuclear power plants (PLTN) with a capacity of up to 4.3 GW, utilising Small Modular Reactor (SMR) technology.
Accelerating green hydrogen innovation, PGEO to work with Pertamina NRE and Genvia
01 Oct 2024 09:42
PT Pertamina Geothermal Energi Tbk (PGEO) has signed a Memorandum of Understanding (MoU) with PT Pertamina Power Indonesia (Pertamina NRE) and Genevia, a France-based company focusing on clean hydrogen technology development.
BREN to allocate USD 346 million for Star Energy Geothermal’s capacity raise
19 Sep 2024 09:54
Star Energy Geothermal (SEG), a subsidiary of PT Barito Renewables Energy Tbk (BREN), will channel investment worth USD 346 million in order to boost energy capacity in several geothermal plants.
Ijen’s geothermal project by Medco Energy reported 93% completion
26 Aug 2024 13:07
PT Medco Energi Tbk (MEDC), an oil and gas company that slowly branches out to renewable energy sector, revealed that the construction project of Geothermal Power Plant of Ijen has reached 93% of target.
Expanding aggressively, PGEO is projected to grow steadily
16 Jul 2024 14:49
Business performance of PT Pertamina Geothermal Energi Tbk (PGEO) is projected to continue progressing steadily following several expansion strategy designed by the company, according to OCBC Sekuritas Indonesia.
Pertamina Geothermal Energy maintains impressive profitability in Q1 2024
02 May 2024 10:30
PT Pertamina Geothermal Energy Tbk (PGEO), a renewable energy company under PT Pertamina (Persero), scored net profit of USD 47.49 million in the first quarter of 2024, up 1.17% year-on-year (yoy) or from the same quarter last year.
Production thrives, PGEO saw 28% profit surge
04 Mar 2024 09:59
PT Pertamina Geothermal Energy Tbk (PGEO), an entity under Pertamina Group engaged in the geothermal energy industry, reported 28% year-on-year (yoy) profit surge at the end of 2023 to USD 163.57 million.