PT Green Power Group Tbk
IIDX:LABA97.00
IDR
+1.00
(+1.04%)
ISIN
ID1000160708
Return %
Stock
S&P 500
1Y
-63.26
14.20
3Y
94.00
81.12
5Y
-52.45
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Wiliam Ong
- Full Time Employees
- 17
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Jl. Raya Imam Bekasi JB Indonesia 17530
- IPO Date
- Jun 10, 2021
- Website
- greenpowergroup.id
- Similar Companies
- Business
- PT Green Power Group Tbk is an Indonesia-based company specializing in renewable and sustainable energy solutions as well as precision-engineered steel products and derivatives originally tailored for mold design and industrial applications. Founded in 1989 and headquartered in Indonesia, the company initially focused on manufacturing and distributing high-quality steel products for various industries but has recently undergone a strategic transformation under new ownership by PT Nev Stored Energy and PT Longping Investasi Indonesia. The company now focuses on two main business lines: green energy and new energy, encompassing the development and provision of green energy products and applications. Its product portfolio includes battery packs such as LI6427EC, LI4827EC, LI6421VT; battery management systems (BMS) like BM20S40AE and BM20S40AV; battery station cabinet series GPEXC; comprehensive energy storage systems (ESS); and molding solutions. In recent major developments, PT Green Power Group Tbk expanded its renewable energy footprint by entering a strategic agreement to acquire a 65% stake in PT Aceh Mineral Abadi, enhancing its presence in the mineral and energy sector. The company also signed a memorandum of understanding with the Regional Government of Oecusse Ambeno (RAEOA), Timor Leste, for a 5-megawatt solar photovoltaic (PV) power plant combined with a battery energy storage system (BESS), to be developed through a joint venture with a local partner. This project includes the design, construction, and operation of the renewable energy facility, reflecting the company's commitment to renewable energy as a core growth pillar. Additionally, PT Green Power Group is planning capital expansions with rights issues and aims to establish new subsidiaries to further develop its sustainable energy projects. The company operates prominently in Indonesia and is advancing its role in the emerging zero-carbon economy by integrating traditional industrial strengths with innovative energy technologies. Overall, PT Green Power Group Tbk operates across industrial goods sectors including machinery, electrical components, batteries, and uninterruptable power supplies, targeting industrial clients and energy markets in Indonesia and potentially Southeast Asia. The company leverages decades of steel industry expertise while strategically advancing green and new energy ventures to position itself as a leading sustainable energy solutions provider. This dual business direction aligns with global environmental priorities and local market expansion efforts, making PT Green Power Group Tbk a key player in Indonesia's transformation towards cleaner energy sources and technologies.