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Stock impact report

POWER Digest [October 2025] [Yahoo! Finance]

PowerBank Corporation (SUUN) 
Company Research Source: October 2025
A unit of Sinar Mas , along with a division of the Philippines' First Gen Corp. , in late August issued a joint statement that said the companies would invest about $2.2 billion for the facilities, which would have combined generation capacity of about 440 MW. The six fields would be developed in West Java, Flores, Jambi, West Sumatra and Central Sulawesi, the partners said. Indonesia has about 40% of the world's geothermal reserves, but authorities said only about 10% of that capacity has been developed. “Our goal is to strengthen national capacity in geothermal development and to fully harness the country's natural potential for clean energy,” DSSR President Daya Mas Sakti Lokita Prasetya said in the statement. DSSR Daya Mas Sakti is an Indonesian energy company that has partnered with the Philippines' Energy Development Corporation (EDC) to develop and manage geothermal power resources. The EDC currently owns and operates more than a dozen integrated geothermal power stations acros Show less Read more
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