Salak Binary Project Development
By Global Infrastructure Sherpa · Feb 1, 2025
Star Energy Geothermal developed the Salak Binary Project with a total investment of USD 45.5 million and an installed capacity of 16.6 MW, which achieved COD in February 2025.
Deal Analysis
Star Energy Geothermal's development of the Salak Binary Project represents a significant investment in Indonesia's geothermal energy sector. The USD 45.5 million project, with an installed capacity of 16.6 MW, achieved commercial operation in February 2025. This project underscores Star Energy Geothermal's commitment to expanding its geothermal portfolio and contributing to Indonesia's renewable energy goals. The involvement of Barito Renewables Energy Tbk, as the parent company, further strengthens the project's financial backing and strategic importance.
The Salak Binary Project is notable for its focus on geothermal energy, a relatively underutilized renewable resource in many regions. The project's size, while not massive, is a meaningful addition to Indonesia's geothermal capacity. Star Energy Geothermal's expertise in geothermal development, coupled with the support of Barito Renewables Energy Tbk, positions the project for long-term success. This development could also serve as a model for future geothermal projects in Indonesia and other countries with similar geological conditions.
- USD 45.5 million investment in geothermal energy development.
- 16.6 MW installed capacity added to Indonesia's power grid.
- Developed by Star Energy Geothermal, a key player in the Indonesian geothermal market.
- Backed by Barito Renewables Energy Tbk, providing financial stability.
Market Context: Indonesia possesses significant geothermal resources, making it a key market for geothermal energy development. The country is actively pursuing renewable energy projects to diversify its energy mix and reduce its reliance on fossil fuels. Geothermal energy offers a stable and reliable source of baseload power, making it an attractive option for Indonesia's energy needs.
Source Intelligence
KEY DETAILS
The article mentions Barito Renewables' commitment to invest USD 365 million to deliver an additional generation capacity of 112 megawatts (MW). Quote: This inauguration is a continuation of Barito Renewables’ commitment to invest USD 365 million to deliver an additional generation capacity of 112 megawatts (MW).
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Deal Size
Salak Binary – with a total investment of USD 45.5 million, an installed capacity of 16.6 MW, which achieved COD in February 2025
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Capacity
Salak Binary – with a total investment of USD 45.5 million, an installed capacity of 16.6 MW, which achieved COD in February 2025
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Location
Star Energy Geothermal, located in Salak and Wayang Windu, West Java.
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Announcement
Jakarta, 4 July 2025
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COD
Salak Binary – with a total investment of USD 45.5 million, an installed capacity of 16.6 MW, which achieved COD in February 2025
PARTIES MENTIONED IN SOURCE
B
Barito Renewables
developer
"PT Barito Renewables Energy Tbk (BREN) reaffirms its strategic role in supporting Indonesia’s energy transition through the Inauguration and Groundbreaking of five geothermal power plant projects by its subsidiary, Star Energy Geothermal, located in Salak and Wayang Windu, West Java."
S
Star Energy Geothermal
developer
"PT Barito Renewables Energy Tbk (BREN) reaffirms its strategic role in supporting Indonesia’s energy transition through the Inauguration and Groundbreaking of five geothermal power plant projects by its subsidiary, Star Energy Geothermal, located in Salak and Wayang Windu, West Java."
high quality
Enriched Feb 19, 2026
Market Context
This deal is part of the Geothermal sector in Indonesia.
1 of 28 Geothermal deals tracked this month · Updated daily
Global Infrastructure Sherpa