Indonesia 1 fund

The Indonesia 1 Fund is a catalytic investment vehicle initiated by New Energy Nexus to provide funding into Pre-Seed to Series A of renewable energy startups and entrepreneurs in Indonesia that generate strong economic, social and environmental impact.

The objective of the fund is to de-risk, scale for follow-on investors and address early-stage funding gaps for those early stage companies in Indonesia while achieving long-term capital appreciation.

Supported by

Smart energy grants

The Smart Energy Grants is a non – commercial funding for selected teams under the New Energy Nexus Indonesia program aiming to support and develop prototype and product market fit which is useful to validate their business ideas.

Our funding in numbers

Impact Created
Clean Energy Startups Supported
tCO₂ₑ Reduced
Employment Created
Women Employees
Capital Mobilized




Co-Investment Mobilized


Follow-On Investment Committed


New Energy Nexus has taught me to be more realistic in strategizing our business sustainability. Therefore through the program,
I learned that strategic skills and measuring impact through our work are essential. Our business should think about how we can positively impact society and the environment.

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Nimas Pratiwi Director of BLUE

We are grateful for the Funds from Nexus and IKEA foundation,
as it has strengthened our operational capabilities to bring 100% clean energy to vulnerable communities in remote areas across Indonesia.

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Robin Pho CEO of RPRE

Support from New Energy Nexus has enabled us to develop a clear business plan,
develop our company culture and made us more confident and resilient.

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Dr. Sarah Hobgen Managing Director of Sumba Sustainable Solutions

Nexus Energy (through CalCEF) had a wealth of experience in investing in global commercial and industrial (C&I) rooftop companies as well as many promising Indonesian Solar Construction Companies. We are thrilled to have them onboard to accelerate our learning and collaboration with the other Nexus portfolio companies. Through this funding, we plan to continue expanding our Solar Rooftop pipeline to accelerate the implementation of the use of Solar Energy in Indonesia.

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Eka Himawan Managing Director of Xurya Daya Indonesia

We are very grateful for the opportunity to work together with New Energy Nexus.
We will use the fund to build innovative products and ecosystems needed to increase the number of solar system users in Indonesia.

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Amarangga Lubis CEO of SolarKita

Our big mission is to replace fossil fuels with wave energy as the main source of energy.
Thanks to the Smart Energy Grant, we are able to take the first step in developing a prototype for our wave energy generator.

Seno Co-Founder of Pendulum

New Energy Nexus has helped Bionersia’s team to finalize our project.
We are delighted to have been given the opportunity to join this wonderfully helpful program.

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Almira Ose CEO of Bionersia

Nexus Incubation Program has helped us to create problem-solution fit, product-market validation, and business model validation to improve our business. This program creates an ecosystem for clean energy startups to learn from each other.

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Siti Farah CEO of Forbetric

We are pleased that our green energy initiatives can continue.
For us, funding from Nexus is support and proof that the world is moving in a better direction. Thanks Nexus!

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Alfons Tefa CEO of Enermo

Inovasi is thankful for New Energy Nexus’ grant to enable the project development activities toward the project funding of a rural electrification project serving up to 3,500 people.

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Bayu Setyaning Founder and CEO of Inovasi