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Indonesia Energy Signs MOU for Hybrid Energy Projects in Brazil
INDO
New Projects/Investments
- Indonesia Energy Corporation (IEC) signed a Memorandum of Understanding (MOU) with Aguila Energia e Participações Ltda. (AEP) on October 24, 2025, during a summit between the Presidents of Indonesia and Brazil.
- The MOU establishes a cooperative framework to jointly identify and pursue opportunities for sustainable off-grid energy solutions in Brazil.
- This includes the development of two hybrid energy pilot projects that will integrate solar power and natural gas from AEP's assets in Northeast Brazil.
- These projects aim to provide autonomous energy infrastructure for data centers in Brazil, with each project potentially capable of an initial generation capacity of 10 MW, expandable up to 400 MW.
- This agreement follows an initial non-binding MOU signed in August 2025 between IEC and AEP to explore broader energy asset opportunities in Brazil.
Oct 24, 2025, 11:30 AM
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