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February 05,2026

Indonesia Seals $6B Battery Mega-Project to Fuel EV and 100 GW Solar Goals

Indonesia seals a $6 billion agreement to establish an integrated national battery industry through a joint venture involving Indonesia Battery Corporation, PT ANTAM, and a CATL-led consortium. This project, covering nickel mining to battery cell manufacturing, is intended to support the country's goal of expanding solar power capacity to 100 GW and boost its electric vehicle ecosystem.

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