Abu Dhabi (ANTARA) – Masdar, the United Arab Emirates’ state-owned renewable energy company, is looking to deepen its investment in Indonesia’s geothermal sector as part of its commitment to supporting the country's clean energy transition.Masdar’s Head of Business Development for Asia-Pacific Fatima Al Suwaidi stated that Indonesia’s position as the world’s second-largest geothermal producer—combined with the strong engineering capabilities of Pertamina Geothermal Energy (PGE)—makes the sector a strategic area for Masdar’s future expansion.“Indonesia has taken steps in the right direction. Cirata helped unlock floating solar for Indonesia… and now we see more expansion in geothermal,” Al Suwaidi told ANTARA on the sidelines of Abu Dhabi Sustainability Week in the UAE on Tuesday.Masdar entered the Indonesian geothermal market in February 2023 by investing in PGE. Currently, PGE’s geothermal plants generate 4.8 TWh of energy annually, avoiding approximately 3,915,000 tons of carbon dioxide emissions each year.Al Suwaidi added that Masdar’s partnership with PGE and the Indonesia Investment Authority (INA) reflects the company’s intent to diversify its clean energy portfolio. She remarked that because geothermal energy is a rare baseload clean energy source and Indonesia is the world's second-largest producer, Masdar is pleased to partner with PGE and leverage their technical expertise to support their global expansion.She emphasized that Masdar, which also co-developed the 145 MW Cirata Floating Solar Power Plant in West Java, views itself as a long-term partner in Indonesia’s energy transition. She cited the country’s rapid regulatory improvements and growing commitment to renewables as key drivers.“Indonesia has a highly promising future in the energy sector. There has been significant progress and positive change within the renewable industry over the last three to four years alone,” she saidAccording to data from the Ministry of Energy and Mineral Resources, Indonesia’s geothermal potential reaches 23,742 megawatts (MW). The country’s installed capacity currently stands at 2,744 MW, while the United States leads the world with 3,937 MW.