France launches energy group in Indonesia

France launched the French Renewable Energy Group (FREG) here on Tuesday, as a forum for French companies interested to be a part of the renewable energy sector (EBT) in Indonesia.

During the launching ceremony, a memorandum of cooperation was also signed between Indonesia Renewable Energy Community (METI) and FREG.

METI has become FREGs local partner to assist the French companies in identifying and developing renewable energy projects in Indonesia.

In his speech, Energy and Mineral Resources Minister Ignatius Jonan said Indonesia was committed to have 23 percent of renewable energy in the national energy mix of electricity as soon as possible, or at least by 2025.

Meanwhile, French Minister of Foreign Affairs and International Development Jean-Marc Ayrault stated that FREG was aimed at gathering French energy companies, which are in Indonesia at present and those interested to enter the country, to cooperate with the Indonesian partners.

He explained that the mobilization of all stakeholders, both public and private, is needed for achieving 23 percent renewable energy in the energy mix of electricity.

It requires a regulatory framework and proper finance, and companies should develop innovative solutions which are tailored to the realities in each country, Ayrault added.

FREG will be an extension of the French Syndicate of Renewable Energy, which is the largest organization in France.

FREG is expected to improve the relationship between Indonesia and French business companies in renewable energy sector and encourage the participation of French companies in renewable energy projects in Indonesia.