ACWA Power has inked an agreement to develop a green hydrogen facility named Garuda Hidrogen Hijau (GH2) in Indonesia.
In partnership with Indonesia's state-owned electricity provider PT Perusahaan Listrik Negara (PLN) and state-owned chemical and fertilizer producer PT Pupuk Indonesia, the GH2 Project is set to commence commercial operations in 2026. The project, valued at over US$1 billion, will leverage 600 MW of solar and wind power to produce approximately 150,000 tonnes of green ammonia annually.
The engineering procurement and construction (EPC) bidding process is slated to begin in early 2024, with financial closure anticipated by the end of 2025.
Country updates
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November 07, 2023
MoU signed to offtake over 300 MW of renewable energy from solar farm in Indonesia
Tuas Power has signed an MoU to offtake over 300 MW of renewable energy from a solar farm in Indonesia to Singapore by 2027. Marubeni Global Indonesia (MGI) is set to initiate the construction of sol...
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September 27, 2023
Expansion announced for 145 MW Cirata floating PV power plant in West Java
Abu Dhabi-based Masdar and PLN Nusantara Power, an Indonesian state-owned electricity generator, have agreed to more than triple the size of the Cirata floating PV power plant from 145 MW to 500 MW in...
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September 22, 2023
US$1 billion Plans underway for Pertamina Geothermal to acquire PT Sorik Marapi
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has confirmed that PT Pertamina Geothermal Energy (PGEO) is preparing for the acquisition of the 240 MW Sorik Marapi Geother...
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August 09, 2023
Vena Energy, partners sign landmark framework agreement for 2 GW solar PV with 8 GWh battery energy storage system in Jakarta
Vena Energy has signed a landmark framework agreement with Suntech, Powin, and REPT Battero to explore opportunities for the establishment of local production lines for components of a hybrid megaproj...
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May 05, 2023
PLN to offtake power from 70 MW wind project in Kalimantan
Total Eren has signed a power purchase agreement (PPA) for a 70 MW wind project with a 10 MW battery energy storage system located in Tanah Laut, South Kalimantan, Indonesia. The PPA for the wind far...
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