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MedcoEnergi Installs 1,500 Solar Panels in Corridor Block, Reduces Emissions by 934 Tons of CO₂e Annually
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Jakarta, 8 September 2025 – PT Medco Energi Internasional Tbk (“MedcoEnergi”), through its subsidiary Medco E&P Grissik Ltd., has reaffirmed its commitment to sustainability by installing rooftop solar power systems across the Corridor Block working area. The installation of 1,500 solar panels is expected to reduce carbon emissions by up to 934 tons of CO₂ equivalent (CO₂e) per year, underscoring MedcoEnergi’s tangible efforts in supporting the energy transition.
With a total capacity of 885 KWp, the rooftop solar PV systems operate across the Suban, Grissik, Dayung, and Sumpal areas. They are projected to generate more than 1,124 MWh peak of clean electricity annually. In addition to reducing gas consumption by approximately 18 MMscf per year, this initiative also cuts carbon emissions equivalent to those generated by a vehicle traveling up to 5.5 million kilometers annually.
Ronald Gunawan, Director & Chief Operating Officer of MedcoEnergi, stated, “This project demonstrates that renewable energy can go hand in hand with upstream oil and gas operations. It is more than just a technological installation, it is a concrete step toward operational efficiency and carbon footprint reduction.”
This initiative is part of MedcoEnergi’s long-term strategy to integrate sustainability principles across its business value chain. The Company continues to drive energy efficiency, low-carbon energy development, and greenhouse gas emission reductions, through solar power projects, geothermal energy, and other emission reduction initiatives across its operations. This commitment also reflects MedcoEnergi’s active role as a key player in the national energy sector in supporting the Government’s Net-Zero Emission targets and addressing the global call for a just and sustainable energy transition.
“For us, sustainability is not a short-term project but a long-term commitment. MedcoEnergi will continue to strengthen its role as a national energy company that is not only operationally reliable, but also accountable for the future of the environment and generations to come,” Ronald added.
PT MedcoEnergi Energi Internasional Tbk (“MedcoEnergi”) is a leading Southeast Asian energy and natural resources company listed on the Indonesia Stock Exchange (MEDC-IDX). MedcoEnergi has three key business segments, Oil & Gas, Power and Copper Mining. MedcoEnergi explores for and produces oil and gas primarily in Indonesia. The Group operates gas, PV, geothermal and hydro power plants in Indonesia through MedcoEnergi Power and has a non-consolidated interest in PT Amman Mineral Internasional Tbk which operates a large copper and gold mine.
This document may contain projections, plans, strategies, policies and objectives of MedcoEnergi which should be treated as forward looking statements within the meaning of applicable law. Forward looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. The Company does not guarantee that any action taken in reliance on this document will bring specific results.