Indonesia and Iceland have formalized an agreement to collaborate in renewable energy development, with a primary focus on geothermal energy.
The partnership was cemented at the Indonesia International Geothermal Convention & Exhibition (IIGCE) held in Jakarta, where representatives from both countries signed a declaration of intent to enhance cooperation.
The declaration seeks to bolster Icelandic geothermal companies' market presence in Indonesia while fostering scientific collaboration between the two nations. The agreement also paves the way for potential joint efforts in carbon disposal and storage technologies, furthering the scope of sustainable energy projects.
Iceland's ambassador to Indonesia, Stefán Haukur Jóhannesson, signed the agreement on behalf of Iceland, with the country's Ministry of Environment, Energy, and Climate overseeing its implementation.
The deal aims to build upon existing geothermal knowledge sharing, as Iceland has been actively involved in training Indonesian professionals in geothermal technologies since 1982 through the Geothermal School GRÓ, with 50 Indonesian students having participated in the program to date.
The cooperation also involves continued dialogue and knowledge exchange, underscored by meetings between Iceland's ambassador and Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, and Deputy Foreign Minister Pahala Mansyurc. Eight Icelandic companies participated in the event, marking a significant step toward strengthening geothermal ties between the two countries.
