In the United Arab Emirates (UAE) Saudi company ACWA Power said it is set to develop a green hydrogen facility in Indonesia with PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider and PT Pupuk Indonesia, a state-owned fertilizer and chemical producer. The announcement was made on the sidelines of 28th United Nations Climate Change Conference (COP28) in Dubai. The Garuda Hidrogen Hijau (GH2) Project, which is expected to start commercial operations in 2026, will run on 600MW of solar and wind power, and will produce 150,000 tons of green ammonia per year. The cost of the project is estimated to be upwards of $1 billion. The bidding process for engineering procurement and construction (EPC) for the Garuda Hidrogen Hijau project is expected to start in the first quarter of 2024, with financial close planned for the end of 2025, ACWA Power said.
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