ACWA Power will develop Indonesia’s largest green hydrogen facility in partnership with PLN and Pupuk Indonesia. The Garuda Hidrogen Hijau Project, plans to start operations in 2026, generating 600MW from solar and wind, producing 150,000 tonnes of green ammonia annually. The estimated project cost exceeds $1 billion. EPC bidding is slated for Q1 2024, with financial close in late 2025.
ACWA Power’s Green Hydrogen Project Powered by PV and Wind
The announcement occurred during the ongoing 28th United Nations Climate Change Conference (COP28) in Dubai. Illustration from ACWA Power.
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)