G20, Indonesia: HDF Energy and DFC (US International Development Finance Corporation) denote method assistance to make Renewstable® greenish hydrogen powerfulness plants successful Indonesia..
PT HDF Energy Indonesia, Hydrogène de France SA (“HDF Energy”) radical – Euronext Paris: HDF, planetary pioneer successful hydrogen powerfulness plants and high-power substance compartment manufacturer, has formalized a practice with DFC (US International Development Finance Corporation) to enactment the improvement of Renewstable® multi-megawatt powerfulness plants successful Indonesia.
Announced connected the sidelines of the G20 summit, this practice is portion of a strategical partnership, including 13 initiatives, betwixt the United States and Indonesia to tackle the clime situation and beforehand entree to affordable nutrient and energy. It was announced by the US President Joe Biden aft holding a gathering with Indonesian President Joko Widodo connected November 14, 2022 astatine the G20 summit.
As an land nation, Indonesia is highly susceptible to the effects of clime change. The bulk of Indonesia’s vigor contiguous comes from fossil fuels, with coal, oil, and state contributing to implicit 90 percent of the country’s energy. Many parts of the state beryllium connected isolated grids powered by diesel fuel, particularly successful Eastern Indonesia (in the regions of East Nusa Tenggara, Papua and Maluku) wherever HDF Energy has a section presence.
Renewstable® multi-megawatt powerfulness plants, invented and developed by HDF Energy, could supply a solution to this problem. Renewstable® plants nutrient wholly non-intermittent, renewable and dispatchable energy 24/7.
They harvester an intermittent renewable root and mass, semipermanent retention of vigor done a hydrogen chain, the greenish alternate to a classical diesel substance powerfulness works arsenic they lone usage star vigor and h2o to nutrient unchangeable energy frankincense avoiding greenhouse emissions and noise.
DFC has committed to providing method assistance assistance backing to HDF Energy to enactment the improvement of a portfolio of Renewstable® projects successful Indonesia. DFC’s method assistance volition spell toward assorted method studies and feasibility studies for HDF Energy’s pipeline of 22 Renewstable®projects successful Indonesia, for an concern magnitude of 1.5 cardinal USD, with enactment from improvement institutions.
The archetypal and astir precocious task is situated connected the land of Sumba, a 10 MW Renewstable® powerfulness plant, cornerstone of the Indonesian government’s sustainable improvement programme Sumba Iconic Island.
To present these studies, HDF and DFC are optimizing the engagement of section method consultants arsenic a mode of improving knowing connected however hydrogen addresses powerfulness assemblage successful the region. These projects volition locally make greenish jobs, frankincense besides contributing to the determination and nationalist system of Indonesia.
Last month, HDF Energy already signed a Memorandum of Understanding with PT Nusantara Power, a subsidiary of PT PLN Persero (the Indonesian state-owned electrical utility), to make synergies connected efforts, resources and expertise needed for the survey and improvement of greenish hydrogen projects.
These see HDF Energy’s 22 Renewstable® projects for which DFC volition supply method assistance. In addition, some companies volition besides see the implementation of hydrogen peaking plants to trim usage of fossil substance connected existing powerfulness plants. The collaboration betwixt HDF Energy and PT PLN Nusantara Power (ex PJB) volition let to accelerate the improvement of these hydrogen projects.
Mathieu Geze, President Director, PT HDF Energy Indonesia, declared:
Indonesia is facing unsocial constraints owed to its archipelago context.
“Our concern with DFC, combined with our practice with PT PLN Nusantara Power (ex PJB), is an important measurement guardant successful the improvement of Renewstable® powerfulness plants successful Indonesia.
“These plants could assistance Indonesia to decarbonize its grids, by reducing diesel consumptions, portion accompanying the Government docket to enactment the economical improvement of Eastern Indonesia. Our projects pipeline emphasizes HDF’s enactment presumption successful the planetary greenish hydrogen market, and volition marque Indonesia go a person of greenish hydrogen projects successful Asia”.
Jake Levine, DFC Chief Climate Officer said:
DFC’s method assistance volition enactment HDF Energy arsenic they tackle the archetypal signifier of processing innovative cleanable vigor and vigor retention projects successful Indonesia.
“HDF’s Renewstable® solution is the benignant of innovation that volition beryllium captious to supporting the planetary cleanable vigor transition, and DFC is thrilled to enactment the aboriginal stages of this task that has the imaginable to go a game-changing clime solution.”
Muhamad Reza, Director for Business Development and Commerce, PT PLN Nusantara Power,
added:
HDF’s Renewstable® solution combining VRE (Variable Renewable Energy), artillery and
hydrogen retention offers a greenish alternate to diminishing the diesel depletion successful Eastern Indonesia.
“We are keen to recognize the projects’ feasibility and research imaginable aboriginal collaboration with HDF Energy.”
ABOUT HDF ENERGY
HDF Energy is simply a planetary pioneer successful hydrogen energy. HDF develops, finances, and operates multimegawatts Hydrogen-Power plants. These plants supply continuous oregon on-demand energy from renewable vigor sources (wind oregon solar), combined with precocious powerfulness substance cells supplied by HDF.
HDF Energy develops 2 types of Hydrogen-Power plants:
- Renewstable® (POWER-TO-POWER): Multi-megawatt powerfulness plants, producing unchangeable energy 24h/day, composed of an intermittent renewable root and on-site hydrogen vigor storage.
- HyPower® (GAS-TO -POWER): Multi-megawatt powerfulness plants producing energy connected request from green hydrogen from state proscription networks.
- In Asia, HDF Energy is contiguous successful Cambodia, Indonesia, the Philippines, Thailand and Vietnam, and volition grow its footprint to Japan and India aboriginal 2023.
G20, Indonesia: HDF Energy and DFC (US International Development Finance Corporation)
announce method assistance to make Renewstable® greenish hydrogen powerfulness plants in
Indonesia., Jakarta, November 25, 2022
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English (US)