GreenFire Energy Inc. and Semesta Energi Services today (Nov 10) announced that they entered an agreement where Semesta will act as a local partner in Indonesia. Semesta will secure and service business for specific accounts in Indonesia on behalf of GreenFire Energy.
Indonesia has one of the world's largest geothermal resources with the potential of 23,965 MW. The country has a strong commitment to increase geothermal installations from 2,130 MW today to 8,008 MW by 2030.1 Energy companies are actively investing in geothermal projects and searching for technology to increase access and production of geothermal power. Based in South Jakarta, Indonesia, Semesta Energi Services has the capability to provide those innovative products and services for geothermal projects. Semesta was founded in 2011 by experienced energy professionals that built the business in Indonesia by delivering innovative products and technologies coupled with excellent execution. The company's projects span the energy industry for conventional and renewable energy. Semesta has a strong track record with national energy companies, multinational firms, international/multilateral agencies, and the Government of Indonesia.
"Semesta Energi Services partners with companies for the most innovative technologies and services to apply to geothermal projects in Indonesia. GreenFire Energy's technology has the potential to significantly increase geothermal energy production and is very attractive to energy companies and geothermal projects in Indonesia," said Herman Huang, founder, Semesta Energi Services.
"GreenFire Energy GreenLoop technology has tremendous potential to access geothermal resources worldwide. To scale our business and accelerate geothermal installations we partner with companies that have access to some of the largest geothermal projects. Semesta Energi Services has the experience and technical capability to help us grow geothermal in Indonesia," said Joseph Scherer, chief executive officer, GreenFire Energy Inc.
About GreenFire Energy© Inc.
GreenFire Energy Inc. develops and deploys innovative, closed-loop technology to unlock the world's largest source of continuous renewable energy. GreenFire Energy GreenLoop technology exploits vast, typically inaccessible geothermal resources, and enables cost competitive, continuous, and flexible power generation with unrivaled environmental advantages. GreenLoop technology, demonstrated at the Coso geothermal field in Coso, California, is versatile and has a number of additional high-value applications, including use for mineral extraction, hydrogen production, and energy storage. GreenFire Energy offers Field Scale and Well Retrofit Solutions for a wide spectrum of energy providers including those in the diversified renewable energy, geothermal, and oil and gas industries.
GreenLoop technology has been developed with grants from the U.S. Department of Energy and the California Energy Commission. The technology is the result of years of research conducted in concert with U.S. National Laboratories, major universities, and eminent experts in multiple scientific disciplines. GreenFire Energy is headquartered in the San Francisco area in California, USA. For more information visit: www.greenfireenergy.com.
About Semesta Energi Services
Semesta Energi Services is an integrated technology provider and system integrator focusing especially on the energy industry in Indonesia. For almost a decade Semesta has been doing work with a solid track record for various clients. Semesta is partnering with multiple international technology partners to offer innovation products and solutions that can help our clients. Semesta has a mission to be a well-respected technology company in the region, founded and managed by Indonesia, and deeply rooted with its local understanding and wisdom of Indonesia and the region. For more information visit : www.semestaenergi.co.id
1 Additional 5,880 MW of Geothermal Capacity Planned for Indonesia, ThinkGeoEnergy, June 19, 2020.
Media Contact:
Hollis Chin
VP Marketing
GreenFire Energy Inc.
+1.888.899.7363
