Hosted By
Tenggara Strategics CSIS
Supported By
The Jakarta Post Prasetiya Mulya

As economies around the world recover from disruptions caused by the COVID-19 pandemic, countries have been doubling down to accelerate energy transition and achieve sustainability commitments. Energy transition has been a priority issue worldwide since the 2022 G20 Indonesian Presidency, which reached an agreement on the Bali Energy Transition Roadmap. In Indonesia’s case, the Indonesian government reached an agreement with advanced countries in the International Partner Group (IPG), led by the United States and Japan, to launch the Indonesia Just Energy Transition Partnership (JETP) which acquired US$ 20 billion commitment to finance Indonesia energy transition. Indonesia is also a member of the Japan-led Asia Zero Emission Community (AZEC), that seeks to help each member country achieve their net zero emission (NZE) targets by recognizing each member’s unique circumstances, policies, and development challenges. Indonesia has a target to achieve NZE in 2060 or earlier.

Indonesia’s electricity sector is guided by state electricity company PLN’s long-term electricity procurement plan (RUPTL) which also become national electricity supply business plan. In the commitment to achieve net zero emission (NZE) in 2060 or earlier, PLN as the solely electricity state own enterprise recently launched an accelerated renewable energy development (ARED) program which will be deployed in upcoming RUPTL with very ambitious target (39 GW renewable capacity addition by 2040) and requires massive investment (US$166 billion).

The biggest foreign investors in Indonesia’s energy sector, especially in electricity, have been those from China, Japan, and South Korea (CJK). These three East Asian countries are the biggest backers of CFPPs in Indonesia and the world. Globally, CJK countries are responsible for 95% of the funding for CFPPs that came from outside the countries where the plants are located.

Meanwhile, focusing specifically on Japan, the country is not only a co-leader of the Indonesia JETP and initiator of the AZEC but also a powerhouse in the renewable energy industry. Japan has become a significant player due to its variety of renewable energy sources with immense potential, including geothermal, hydropower, and wind. Notably, solar energy accounts for a substantial portion of the country’s new energy generation, positioning Japan at the forefront of the global photovoltaic market with 45% of photovoltaic cells manufactured in the country. Moreover, the country has been pushing what it calls “zero-emission thermal energy”, supporting the expansion of ammonia co-firing in coal-fired power plants, alongside CCS and biomass.

With Japan’s strength in renewable energy and financing, Indonesia has been seeking Japan’s investment in its renewable energy sector.  

Japan RE Invest Indonesia is a multi-stakeholder platform to bring together renewable energy (RE) stakeholders from Japan and Indonesia, particularly RE investors and financiers from Japan and RE project owners from Indonesia to increase investment into Indonesia’s RE sector. Tenggara Strategics and CSIS, together with the Indonesian Embassy in Tokyo (KBRI Tokyo) have conducted the 1st Japan RE Invest Indonesia 2021 and the 2nd Japan RE Invest Indonesia 2022 virtually, as well as the 3rd Japan RE Invest Indonesia 2023 in a hybrid format and attracted a total of 828 participants from 473 institutions from Japan and Indonesia.

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November 27, 2024
09.20 - 10.10 am (Tokyo Time)
07.20 - 08:10 am (Jakarta Time)

November 27, 2024
10.10 - 11:10 am (Tokyo Time)
08.10 - 09:10 am (Jakarta Time)

November 27, 2024
11.10 - 12:00 pm (Tokyo Time)
09.10 - 10:00 am (Jakarta Time)

November 27, 2024
14.00 - 16:00 pm (Tokyo Time)
(Offline session)



Welcome Speech
H.E. Heri Akhmadi

Ambassador of the Republic of Indonesia to Japan and the Federative States of Micronesia

Keynote Speech
H.E. Mrs. Eniya Listiani Dewi

Director General of New Renewable Energy & Energy Conservation at the Ministry for Energy and Mineral Resources of the Republic of Indonesia


Speakers and Moderators
Boby Wahyu Hermawan

Head of the Center for Climate Change Financing Policy and Multilateral Affairs at the Ministry of Finance of the Republic of Indonesia

Apit Pria Nugraha

Head of Center for Green Industry at the Ministry of Industry of the Republic of Indonesia

Edo Mahendra

Head of the Implementation Joint Office of the Indonesian Energy Transition (Rumah PATEN)

Ohira Eiji

Strategy Architect Hydrogen and Ammonia Department, New Energy and Industrial Technology Department Organization (NEDO)

Okuma Takuya

Director of Division 3, New Energy and Power Finance Department I, Japan Bank for International Cooperation (JBIC)

Takenori Nasu

Director of Southeast Asian Division 1, Southeast Asia and Pacific Development, Japan International Cooperation Agency (JICA)

Yokoi Hachiman

General Manager of Energy Solution & Healthcare Division, Sojiitz Corporation

Hendro Prasetyawan

Vice President Hydro Energy of PT PLN (Persero)

Dwi Hartono

Act. Director of Business Development & Commerce of PT PLN Nusantara Power

Endang Astharanti

Director of Finance of PT PLN Indonesia Power

Riyadi Suparno

Executive Director of Tenggara Strategics

Muhammad Aziz

Renewable energy expert from the University of Tokyo

Ananda Setiyo Ivannanto

CEO of PT Awina Sinergi International

Contact Us

Whatsapp: +62811 9966 083 | E-mail: info@reinvest.id

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