Jakarta must turn clean energy deals with Seoul into industrial strategy: Discus...
The two countries had yet to progress on a series of clean energy agreements signed in April by translating them into actionable strategies, panelists told a discussion in Jakarta on Oct. 30.
Jakarta must transform its clean energy deals with Seoul into an industrial strategy, experts argue, as progress on signed commitments has been slow, according to a discussion in Jakarta on October 30. Indonesia and South Korea had yet to turn four memorandums of understanding (MoUs) signed in April into significant results, said Gahee Han, head of energy market and policy at Solutions for Our Climate (SFOC) in Seoul.
The MoUs, signed during President Prabowo Subianto's state visit to Seoul, focused on clean energy, critical minerals, and carbon capture. The agreements aimed to leverage Indonesia's natural resources and South Korea's technology to meet each country's energy goals. One notable project is a battery cell manufacturing plant with a 10 GWh annual capacity for electric vehicles, jointly established by Hyundai Motor Group and LG Energy Solution in 2024.
Despite the perceived sluggish progress, the MoUs were part of a broader effort to deepen economic ties and strategic cooperation between the two nations, elevating their relationship to a special comprehensive strategic partnership.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
