- ACWA Power, PLN and PT Pupuk have announced the largest green hydrogen project in Indonesia
- It will be powered by 600 MW solar and wind energy to produce 150,000 tons of green ammonia/year
- Financial close is expected by 2025-end for commercial operations to begin in 2026
Saudi Arabia’s ACWA Power has announced plans to develop the ‘largest’ green hydrogen project in Indonesia to generate 150,000 tons of green ammonia/year. Powered by 600 MW solar and wind energy, it is estimated to cost an investment of $1 billion.
The Garuda Hidrogen Hijau (GH2) project will be built in collaboration with Indonesia’s state-owned electricity supplier PT Perusahaan Listrik Negara (PLN) and fertilizer and chemicals producer PT Pupuk Indonesia. The trio signed an agreement on the sidelines of COP28.
Individual capacities of solar and wind energy technologies were not shared by the companies in their official announcement.
Project partners plan to bring the project into commercial operations in 2026, soon after achieving financial close targeted for 2025-end. Before that, a bidding process for EPC services is scheduled to start in Q1/2024.
For ACWA Power, this marks its further expansion into the Indonesian market that it entered in late-2022 when PLN contracted it to build 110 MW AC floating solar capacity (see ACWA Power Forays Into Indonesia & Floating PV).
At COP28, Indonesia recently signed agreements with Abu Dhabi’s Masdar, advancing their plans to expand the capacity of Cirata Floating Solar PV Plant (see Masdar Announces 150 MW Solar PV Plant In Angola).