Sustainability Economics partners with PT SUCOFINDO, a state-owned company of Indonesia, to accelerate the transition of coal-fired power plants to clean energy sources in Indonesia

Singapore – 26 July 2024 – Sustainability Economics, an international entity, providing end-to-end net-zero solutions for high emitting sectors brings in first-of-its-kind CLEM (Clean Energy Mechanism) an end-to-end solution for CFPP transitions with a vision of making transition profitable, has announced to partner with PT SUCOFINDO, a state owned company supporting government policies and capacity building to accelerate CFPPs transitions across Indonesia.

Established in 1956, PT SUCOFINDO is a joint venture company between the Government of the Republic of Indonesia and SGS, Geneve, Switzerland. As the first inspection in Indonesia, the company currently works closely with the Indonesian policymakers, CFPP asset owners, power purchasers and financial institutions to accelerate clean energy transitions across Indonesia.