Post by account_disabled on Feb 25, 2024 9:30:34 GMT
Green hydrogen power plants
HDF Energy Indonesia has formalized cooperation with DFC, the US International Development Finance Agency, to develop multi-megawatt renewable energy plants in Indonesia.
This cooperation is one of initiatives that are part of a strategic partnership between the United States and Indonesia to confront the climate crisis and promote access to affordable food and electricity. This partnership between DFC and HDF Energy was announced by US President Joe Biden after meeting with Indonesian President Joko Widodo on November , , during the G Summit.
Developed by HDF Energy, the multi-megawatt renewable energy plants produce fully non-intermittent, renewable and dispatchable electricity / They combine an intermittent renewable source and massive long-term energy storage through a hydrogen chain . It is the green alternative to a conventional diesel fuel power plant, as it only uses solar energy and water to produce stable ele C Level Executive List ctricity, thus avoiding greenhouse gas emissions and noise pollution.
DFC has committed to providing technical assistance grant funds to HDF Energy to support the development of renewable projects in Indonesia. DFC will fund technical and feasibility studies for HDF Energy's renewable projects in Indonesia. For this pipeline of projects, with an investment amount of billion dollars, HDF Energy also receives support from development institutions.
The first and most advanced project is located on the island of Sumba. It is a MW renewable energy plant, a cornerstone of the Indonesian government's Sumba Iconic Island sustainable development program.
Last month, HDF Energy had already signed a memorandum of understanding with PT Nusantara Power, a subsidiary of PT PLN Persero (Indonesia's state-owned electricity company), in order to create synergies in the efforts, resources and expertise necessary to the study and development of green hydrogen projects . These include HDF Energy's renewable projects for which DFC will provide technical assistance. Additionally, the two companies will also consider implementing hydrogen generation plants to reduce the use of fossil fuels in existing power plants.
HDF Energy Indonesia has formalized cooperation with DFC, the US International Development Finance Agency, to develop multi-megawatt renewable energy plants in Indonesia.
This cooperation is one of initiatives that are part of a strategic partnership between the United States and Indonesia to confront the climate crisis and promote access to affordable food and electricity. This partnership between DFC and HDF Energy was announced by US President Joe Biden after meeting with Indonesian President Joko Widodo on November , , during the G Summit.
Developed by HDF Energy, the multi-megawatt renewable energy plants produce fully non-intermittent, renewable and dispatchable electricity / They combine an intermittent renewable source and massive long-term energy storage through a hydrogen chain . It is the green alternative to a conventional diesel fuel power plant, as it only uses solar energy and water to produce stable ele C Level Executive List ctricity, thus avoiding greenhouse gas emissions and noise pollution.
DFC has committed to providing technical assistance grant funds to HDF Energy to support the development of renewable projects in Indonesia. DFC will fund technical and feasibility studies for HDF Energy's renewable projects in Indonesia. For this pipeline of projects, with an investment amount of billion dollars, HDF Energy also receives support from development institutions.
The first and most advanced project is located on the island of Sumba. It is a MW renewable energy plant, a cornerstone of the Indonesian government's Sumba Iconic Island sustainable development program.
Last month, HDF Energy had already signed a memorandum of understanding with PT Nusantara Power, a subsidiary of PT PLN Persero (Indonesia's state-owned electricity company), in order to create synergies in the efforts, resources and expertise necessary to the study and development of green hydrogen projects . These include HDF Energy's renewable projects for which DFC will provide technical assistance. Additionally, the two companies will also consider implementing hydrogen generation plants to reduce the use of fossil fuels in existing power plants.