New geothermal legislation to spur international interest in IndonesiaIndonesia Stock Exchange, Jakarta (source: flickr/ nseika, creative commons)Francisco Rojas 10 Sep 2014Japanese players such as trading giants Sumitomo, Itochu and Marubeni are pursuing large geothermal projects (between 200 and 300 MW) and partnerships in Indonesia. <a href='//ads.thinkgeoenergy.com/delivery/ck.php?n=a886266d&cb=1' target='_blank'><img src='//ads.thinkgeoenergy.com/delivery/avw.php?zoneid=144&cb=1&n=a886266d' border='0' alt='' /></a> <a href='//ads.thinkgeoenergy.com/delivery/ck.php?n=a62ebb80&cb=1' target='_blank'><img src='//ads.thinkgeoenergy.com/delivery/avw.php?zoneid=34&cb=1&n=a62ebb80' border='0' alt='' loading="lazy" /></a> <a href='//ads.thinkgeoenergy.com/delivery/ck.php?n=ada237ed&cb=1' target='_blank'><img src='//ads.thinkgeoenergy.com/delivery/avw.php?zoneid=10&cb=1&n=ada237ed' border='0' alt='' loading="lazy" /></a>More news are developing subsequent to the new legislation concerning geothermal in Indonesia, as reported by ThinkGeoEnergy at the beginning of September. Indonesia has a massive potential for geothermal, actually being estimated to be the second largest geothermal potential in the world. The law also simplifies concessions and sets a floor price by the government when buying electricity, which is expected to rise. Mitsubishi has taken a different path from its rivals and invested in Star Energy, a local geothermal power generator.”To read the full newspiece, please follow the link below:Source: Asia Nikkei Website