Browsing Tag
Indonesia
124 posts
SEG Solar plans $950m Texas HJT cell factory, but can it close the US solar supply gap?
SEG Solar has secured land for a proposed 4 GW heterojunction solar cell factory in Texas, targeting 2028 and 2029 production starts. The investment could strengthen domestic solar supply chains, although financing, federal incentives and the gap between cell and module capacity remain decisive commercial considerations.
Indonesia faces MSCI expulsion after stocks plunge 11.6% in one day
Indonesia faces a possible exclusion from MSCI's global indexes after transparency concerns triggered the Jakarta market's worst single-day fall in nearly three decades.
Indonesia wildfires choke Southeast Asia as toxic haze sparks health crisis and foreign aid debate
Indonesia’s worst fires since 2015 have sickened more than 283,000 people and spread toxic haze across Southeast Asia. Find out why the crisis persists.
Five baby orangutans appeared in an Indian forest thousands of miles from home — investigators now suspect a global trafficking network
Five baby orangutans found in India may expose a global trafficking network. Find out how the endangered apes could have traveled from Indonesia.
Seadrill secures $420m Indonesia drilling contract as 2027 revenue visibility strengthens
Seadrill Limited has secured a major Indonesian drilling contract and extended operations in Malaysia and Angola, giving the offshore contractor greater revenue visibility as its fleet moves toward higher-priced work.
Firmus IPO puts A$43bn valuation against 900MW of contracted AI capacity
Firmus Technologies is seeking about A$7.1 billion in one of Australia’s largest-ever initial public offerings after building a customer roster that includes Meta Platforms, OpenAI and NVIDIA. Yet an implied equity valuation of roughly A$43 billion asks investors to price years of planned AI infrastructure growth before five of the company’s seven identified sites are operating.
Indonesia extends Virgo Transport 8 search as 125 people remain missing in Java Sea
Indonesia has extended the search for Virgo Transport 8 by another week as 125 people remain missing and the confirmed death toll reaches 10.
Malaysia sends aircraft and helicopters as Indonesia battles worst wildfires in 11 years
Malaysia is sending firefighting aircraft, helicopters and personnel to Indonesia as severe Kalimantan fires worsen air quality across Southeast Asia.
Can Atome turn Grab’s loss-making financial services arm into a $500m EBITDA business?
Grab is acquiring 60% of Atome Financial for $1.49 billion in cash, adding a $1 billion loan portfolio and 25 million cumulative users. The deal accelerates consumer lending across Southeast Asia, but it also commits more capital to credit risk while Grab’s Financial Services segment is still moving toward profitability.
Conrad Asia Energy completes Duyung farm-down as U$320m Mako project advances
Conrad Asia Energy has completed its 75% Duyung PSC farm-down, triggering another US$4 million payment while retaining an operated economic interest in the fully funded Mako Gas Project.