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Jakarta, 25 November 2022 – PT HDF Power Indonesia, Hydrogène de France SA (“HDF Power”) group – Euronext Paris: HDF, international pioneer in hydrogen energy vegetation and high-power gas cell producer, has formalized a cooperation with DFC (US Worldwide Improvement Finance Company) to assist the event of Renewstable® multi-megawatt energy vegetation in Indonesia.
Introduced on the sidelines of the G20 summit, this cooperation is a part of a strategic partnership, together with 13 initiatives, between america and Indonesia to deal with the local weather disaster and promote entry to reasonably priced meals and vitality. It was introduced by the US President Joe Biden after holding a gathering with Indonesian President Joko Widodo on November 14, 2022 on the G20 summit.
As an island nation, Indonesia is extremely susceptible to the results of local weather change. Nearly all of Indonesia’s vitality in the present day comes from fossil fuels, with coal, oil, and fuel contributing to over 90 p.c of the nation’s vitality. Many elements of the nation rely on remoted grids powered by diesel gas, particularly in Jap Indonesia (within the areas of East Nusa Tenggara, Papua and Maluku) the place HDF Power has an area presence.
Renewstable® multi-megawatt energy vegetation, invented and developed by HDF Power, might present an answer to this drawback. Renewstable® vegetation produce fully non-intermittent, renewable and dispatchable electrical energy 24/7. They mix an intermittent renewable supply and mass, long-term storage of vitality by way of a hydrogen chain, the inexperienced various to a traditional diesel gas energy plant as they solely use photo voltaic vitality and water to supply steady electrical energy thus avoiding greenhouse emissions and noise.
DFC has dedicated to offering technical help grant funding to HDF Power to assist the event of a portfolio of Renewstable® tasks in Indonesia. DFC’s technical help will go towards varied technical research and feasibility research for HDF Power’s pipeline of twenty-two Renewstable®tasks in Indonesia, for an funding quantity of 1.5 billion USD, with assist from improvement establishments. The primary and most superior undertaking is located on the island of Sumba, a ten MW Renewstable® energy plant, cornerstone of the Indonesian authorities’s sustainable improvement program Sumba Iconic Island. To ship these research, HDF and DFC are optimizing the engagement of native technical consultants as a manner of bettering understanding on how hydrogen addresses energy sector within the area. These tasks will regionally create inexperienced jobs,
thus additionally contributing to the regional and nationwide financial system of Indonesia.
Final month, HDF Power already signed a Memorandum of Understanding with PT Nusantara Energy, a subsidiary of PT PLN Persero (the Indonesian state-owned electrical utility), to create synergies on efforts, sources and experience wanted for the examine and improvement of inexperienced hydrogen tasks. These embody HDF Power’s 22 Renewstable® tasks for which DFC will present technical help. As well as, each firms will even think about the implementation of hydrogen peaking vegetation to scale back utilization of fossil gas on current energy vegetation. The collaboration between HDF Power and PT PLN Persero will permit to speed up the event of those hydrogen tasks.
Mathieu Geze, President Director, PT HDF Power Indonesia, declared: “Indonesia is going through distinctive constraints as a consequence of its archipelago context. Our partnership with DFC, mixed with our cooperation with PT PLN Nusantara Energy (ex PJB), is a vital step ahead within the improvement of Renewstable® energy vegetation in Indonesia. These vegetation might help Indonesia to decarbonize its grids, by decreasing diesel consumptions, whereas accompanying the Authorities agenda to assist the financial improvement of Jap Indonesia. Our tasks pipeline emphasizes HDF’s management place within the international inexperienced hydrogen market, and can make Indonesia develop into a frontrunner of inexperienced hydrogen tasks in Asia”.
DFC Chief Local weather Officer Jake Levine stated: “DFC’s technical help will assist HDF Power as they deal with the primary section of creating progressive clear vitality and vitality storage tasks in Indonesia. HDF’s Renewstable® answer is the type of innovation that will likely be important to supporting the worldwide clear vitality transition, and DFC is thrilled to assist the early phases of this undertaking that has the potential to develop into a game-changing local weather answer.”
Muhamad Reza, Director for Enterprise Improvement and Commerce, PT PLN Nusantara Energy, added: “HDF’s Renewstable® answer combining VRE (Variable Renewable Power), battery and hydrogen storage presents a inexperienced various to diminishing the diesel consumption in Jap Indonesia. We’re eager to grasp the tasks’ feasibility and discover potential future collaboration with HDF Power.”
To entry the announcement of the cooperation on the web site of DFC, click on right here.
To entry the announcement of the strategic partnership on the web site of the White Home, click on right here.
ABOUT HDF ENERGY
HDF Power is a worldwide pioneer in hydrogen vitality. HDF develops, funds, and operates multi-megawatts Hydrogen-Energy vegetation. These vegetation present steady or on-demand electrical energy from renewable vitality sources (wind or photo voltaic), mixed with excessive energy gas cells equipped by HDF.
HDF Power develops two varieties of Hydrogen-Energy vegetation:
• Renewstable® (POWER-TO-POWER): Multi-megawatt energy vegetation, producing steady electrical energy 24h/day, composed of an intermittent renewable supply and on-site hydrogen vitality storage.
• HyPower® (GAS-TO -POWER): Multi-megawatt energy vegetation producing electrical energy on demand from inexperienced hydrogen from fuel transportation networks.
In Asia, HDF Power is current in Cambodia, Indonesia, the Philippines, Thailand and Vietnam, and can increase its footprint to Japan and India early 2023.
Learn monetary info on Hydrogène de France
at www.hdf-energy.com
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