Is Adaro Energy expanding into renewable energy?
PT Adaro Energy Indonesia Tbk has actively pursued diversification strategies to incorporate renewable energy and green industrial projects into its historically coal-dominant business model. Through dedicated green subsidiaries, the conglomerate has invested in solar photovoltaic installations, battery energy storage systems, mini-hydro power plants, and large-scale hydroelectric initiatives—such as the massive Mentarang Induk hydroelectric project in North Kalimantan. While these initiatives aim to support regional decarbonization targets and power green industrial parks, the company continues to balance its traditional mining operations with these emerging alternative energy investments.
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PT Adaro Energy Indonesia Tbk is a prominent, fully transparent publicly traded corporation listed on the Indonesia Stock Exchange under the official ticker symbol ADRO.