ACWA Power and PLN join forces in Indonesia

ACWA Power and Perusahaan Listrik Negara (PLN) announce an expanded partnership on renewable energy and renewable hydrogen.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

ACWA Power and Perusahaan Listrik Negara (PLN) announce an expanded partnership on renewable energy and renewable hydrogen.

Avenues of cooperation

ACWA Power and PLN announce the signing of a Memorandum of Understanding. Thus, ACWA Power is expanding its Indonesian portfolio. PLN is the Indonesian public electricity provider.

The agreement covers the development of battery storage for renewable energy installations. The two partners will also work on the development of of renewable hydrogen in Indonesia. The partners signed this agreement during the B20/G20 summit in Bali.

ACWA Power and PLN will jointly explore several partnership opportunities. Thus, the partners will carry out a project study for the pumped storage of a 600 to 800MW hydroelectric facility. In addition, they will investigate the possibility of a 4GW battery energy storage system and the development of a hydro-powered hydrogen and ammonia facility.

A partnership to develop

PLN is the only buyer of electricity generated by independent power projects, including renewable energy, in Indonesia. To date, the company owns or operates nearly two-thirds of the local power generation industry (65.5 GW). The government ‘s goal is to reach 23% of electricity generated from renewable energy sources by 2025.

PLN’s collaboration with ACWA Power involved the construction of floating solar power plants. Indeed, in October 2022, the two companies were developing Singkarak and Saguling. This engagement seeks to explore joint business opportunities.

ACWA Power and PLN are exploring the development of renewable energy projects in the areas of solar photovoltaic and wind power. The two companies are working together in the fields of hydroelectricity, battery storage and geothermal energy. Thus, the partnership will continue in renewable hydrogen and green ammonia facilities.

Elemental Clean Fuels will develop a 10-megawatt green hydrogen production facility in Kamloops, in partnership with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp L.P., to replace part of the natural gas used at the industrial site.
Driven by green hydrogen demand and state-backed industrial plans, the global electrolyser market could reach $42.4bn by 2034, according to the latest forecast by Future Market Insights.
Driven by mobility and alkaline electrolysis, the global green hydrogen market is projected to grow at a rate of 60 % annually, reaching $74.81bn in 2032 from $2.79bn in 2025.
Plug Power will supply a 5MW PEM electrolyser to Hy2gen’s Sunrhyse project in Signes, marking a key step in expanding RFNBO-certified hydrogen in southern France.
The cross-border hydrogen transport network HY4Link receives recognition from the European Commission as a project of common interest, unlocking access to funding and integration into Europe’s energy infrastructure.
The withdrawal of Stellantis weakens Symbio, which is forced to drastically reduce its workforce at the Saint-Fons plant, despite significant industrial investment backed by both public and private stakeholders.
German steelmaker Thyssenkrupp plans to cut 11,000 jobs and reduce capacity by 25% as a condition to enable the sale of its steel division to India’s Jindal Steel.
Snam strengthens its position in hydrogen and CO₂ infrastructure with EU-backed SoutH2 corridor and Ravenna hub, both included in the 2025 list of strategic priorities for the European Union.
Driven by industrial demand and integration with renewable energy, the electrolyzer market is projected to grow 38.2% annually, rising from $2.08bn in 2025 to $14.48bn by 2031.
BrightHy Solutions, a subsidiary of Fusion Fuel, has signed a €1.7mn contract to supply a hydrogen refuelling station and electrolyser to a construction company operating in Southern Europe.
In Inner Mongolia, Xing’an League is deploying CNY6bn in public funds to build an integrated industrial ecosystem for hydrogen, ammonia and methanol production using local renewable resources.
Despite a drop in sales, thyssenkrupp nucera ends fiscal year 2024/2025 with operating profit, supported by stable electrolysis performance and positive cash flow.
ExxonMobil’s pause of the Baytown project highlights critical commercial gaps and reflects the impact of US federal cuts to low-carbon technologies.
State-owned Chinese group Datang commissions a project combining renewable energy and green hydrogen within a coal-to-chemicals complex in Inner Mongolia, aiming to reduce stranded asset risks while securing future industrial investments.
Möhring Energie Group commits to a green hydrogen and ammonia production project in Mauritania, targeting European markets from 2029, with an initial capacity of 1 GW.
Air Liquide deploys two hydrogen-powered heavy-duty trucks for its logistics operations in the Rotterdam area, marking a step in the integration of low-emission solutions in freight transport.
French hydrogen producer Lhyfe will deliver over 200 tonnes of RFNBO-certified hydrogen to a heavy mobility operator under a multi-year contract effective since 1 November 2025.
Plug Power was selected by Carlton Power to equip three UK-based projects totalling 55 MW, under an agreement subject to a final investment decision expected by early 2026.
Hyroad Energy expands its services to include maintenance, software, and spare parts, offering a comprehensive solution for hydrogen freight operators in the United States.
Air Liquide has launched in Antwerp the first industrial-scale pilot unit for converting ammonia into hydrogen, marking a key technological milestone in the global low-carbon hydrogen supply chain.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.