ARCI

Archi⁢ Indonesia Forms Geothermal Joint Venture with US partner

Jakarta, ⁤Indonesia – November 13, 2025 – Archi ‌Indonesia (ARCI) announced today a strategic⁢ joint venture with an unnamed United States-based company to develop geothermal energy resources. The collaboration, ⁢disclosed via the Indonesia Stock Exchange‍ (IDX), signals a ‍notable expansion⁢ for Archi Indonesia into the renewable energy sector.

This partnership ‌arrives as Indonesia aims to substantially increase its geothermal power generation capacity,a key component of the ⁢nation’s⁣ commitment to​ reducing carbon emissions and achieving energy independence. The joint venture is expected to bolster Archi Indonesia’s ⁣long-term business prospects and those of ⁣its subsidiaries, according to Hidayat, who stated the agreement ​would positively impact the company’s⁢ business continuity. Details regarding the financial terms of ​the ​venture and specific project locations were not immediatly available.⁤

the move positions Archi Indonesia to ⁣capitalize on ⁢Indonesia’s vast geothermal potential – the country holds the world’s largest geothermal reserves – and contribute to the growing demand for sustainable ‍energy solutions. Further information is anticipated as the joint venture ⁢progresses.