New partnership with Beca to grow geothermal energy in Indonesia
Earth Sciences NZ has signed an agreement with Beca to help unlock one of the world’s largest energy opportunities — and expand New Zealand’s clean energy impact in the Indo-Pacific.
Indonesia holds nearly 40% of the world’s known geothermal resources but has developed less than 10% of that potential
With an ambitious target to generate 9.3 GW of geothermal power by 2035, Indonesia is investing heavily in low-emissions energy, presenting a major opportunity for New Zealand expertise. This partnership brings together Earth Sciences NZ’s deep geoscientific knowledge with Beca’s engineering and project delivery services to support Indonesia’s geothermal ambitions and grow New Zealand’s presence in a multi-million-dollar market, currently valued at over NZD 1.6 billion per year.
We’re bringing together two world class organisations to leverage science and engineering and project delivery to help fast-track Indonesia’s energy transition
“This is how we grow New Zealand’s clean energy brand and deliver lasting impact across both the regions, Indonesia and locally,” says Mark Gibson, Geothermal Business Development Manager at Earth Sciences New Zealand.
The partnership will be launched publicly in July at Geothermal Week in Taupō, followed by promotion at the Indonesia International Geothermal Convention & Exhibition (IIGCE) in Jakarta alongside MFAT and NZTE.
“With over 50 years of respective operation in Indonesia, both organisations are well placed to help develop this phenomenal resource and enhance Indonesian energy security.”