Denmark to boost investment in renewable energy in Indonesia & region

A number of Danish companies have expressed interest in joining forces with the Indonesian businesses in investment and development of renewable energy and waste conversion projects in the Southeast Asian countries.

The commitment was presented directly before the Indonesian business delegates which met their Danish counterparts in Copenhagen on 21 to 24 May 2013. Business meetings between delegates of both countries were organized by the DANIDA Danish Business Partnership Programme in conjunction with the Energy Europe 2013 exhibition and conference held at Bella Centre, Copenhagen. Dozens of Danish companies well-known with their technological advancement met with five Indonesian businesses, including Wirajasa Teknik Industri, CV, a mechanical construction firm based in Sidoarjo, East Java, Indonesia, to express their willingness to collaborate in renewable energy and waste conversion projects. Potential areas of cooperation between both sides include transfer of technology, investment and financing arrangements. All forms of collaboration should be set up based on business-to-business mechanisms that put emphasis on sustainability and mutual benefit of both sides involved.

Potential projects that shall materialise as the result of the business meetings between Danish and Indonesian companies include waste conversion, biomass energy, biogas, micro-hydro power plant and combined heat and power (CHP) projects. The Indonesian delegates comprise Wirajasa Teknik Industri, Basuki Pratama Engineering, Gistec Prima, Kaltimex Lestari Makmur and Indonesian Institute for Energy Economics.

The list of Danish companies that shown interest to collaborate with their Indonesian counterparts include Frichs A/S, Grue+Hornstrup, Weiss A/S, Bobcock & Wilcox Volund, C. F. Nielsen, and many others. Other Danish organisations which also demonstrate interest to support the development of renewable energy projects include Syntes Engineering, Weel & Sandvig, Trade Council of Denmark, and two Danish financial institutions IFU and EKF. Many other companies express their interest to take part in the green growth strategy of the Danish government for Indonesia.

The visit by the Indonesian business delegates to Copenhagen from 20 to 25 May 2013 was part of the new Danish government policy of “Growth Strategy Indonesia” launched by its Trade and Investment Minister Pia Olsen Dhyr in her visit to Jakarta last March. She was accompanied by dozens of Danish business representatives in the visit and they pledged for a stronger presence in the country in the future. Danish Ambassador to Indonesia, Mr.Martin Hermann, urges to the Indonesian business delegates before their departure to Copenhagen to take the opportunity of meeting potential Danish partners as a mean to enhance transfer of technology, partnership and investment in their respected areas of project.

According to IEA data, Indonesia has the highest renewable energy potential in Southeast Asia. The growth forecast for non-hydro-power renewable generation in Indonesia for the year 2013 stands at 10% and the long-term growth is expected to average 12.3% between 2013 and 2022. More specifically, the 2013 outlook for Indonesian renewable energy sector is the increased investment from the private sector. The visit by the Indonesian business delegates to Copenhagen last May is part of the increased investment and partnership between business organizations, either private or public sectors, of Denmark and Indonesia.
This article will be updated in accordance with the progress of the Danish-Indonesian business collaboration in renewable energy and waste conversion projects in Indonesia and the Southeast Asian region. For full article and pictures please follow the link

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