Indonesia is targeting an increase in renewable energy production to 42% of its energy mix by 2040, while reducing its dependency on coal power plants to 33%
Indonesia is targeting an increase in renewable energy production to 42% of its energy mix by 2040, while reducing its dependency on coal power plants to 33%, Coordinating Minister of Economic Affairs Airlangga Hartarto said.
Indonesia would need investment of $235 billion to achieve the goal, as the country needed to build renewable energy plants with 75 gigawatt capacity and 70,000 kilometres (43,500 miles) of transmission lines, Airlangga said in a statement issued late on Wednesday.
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Indonesia and the U.S. have sealed a sweeping trade agreement that slashes tariffs, lifts digital restrictions, and removes key export barriers, marking a major win for American exporters and automakers.
Hundreds were rescued after a ferry caught fire off Indonesia’s Sulawesi island.
Indonesia has reached a trade agreement with the United States that lowers proposed U.S. tariffs on Indonesian exports from 32% to 19%, following direct negotiations between Presidents Prabowo Subianto and Donald Trump. The deal, which includes major purchase commitments, is seen as a strategic win.
European Commission President Ursula von der Leyen announced on Sunday that a political agreement has been reached to move forward with the EU-Indonesia free trade deal.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Firefighters in Greece are battling wildfires near Athens and on several islands as the country swelters under its third heatwave of the summer. Villages have been evacuated as flames spread through dry terrain, fanned by strong winds and record temperatures.
As Greece swelters under an intense heat wave, electricity demand and wholesale prices have soared to record highs, straining the national grid and pushing infrastructure to its limits.
From Hawaii’s fiery lava fountains to Italy’s ash-filled skies, it may feel like volcanoes are erupting everywhere in 2025. With nearly 50 eruptions already this year, many are asking, is the Earth getting more active? The truth is far less alarming, and far more fascinating.
Greece’s fir forests are vanishing as climate change fuels extreme heat, prolonged drought, and pest outbreaks, leaving once-lush mountains scarred by dying trees.
Storms and rising seas are washing away Barcelona’s man-made beaches, putting tourism and coastal life at risk, according to residents in the area. In Montgat, locals say their summers by the sea are vanishing.
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