HDF Energy (Hydrogène de France) has signed two strategic agreements in Indonesia to accelerate the development of its Renewstable® green hydrogen power plants. The signings took place in the presence of French President Emmanuel Macron and Indonesian President Prabowo Subianto during a ceremony at the Presidential Palace in Jakarta.
Partnership with PLN and PT SMI
The first memorandum of understanding was signed with Perusahaan Listrik Negara (PLN), the national electricity operator, and PT Sarana Multi Infrastruktur (PT SMI), the state-owned infrastructure financing company. The partnership aims to identify and implement appropriate financing mechanisms to support the 23 Renewstable® projects currently being developed by HDF Energy in Indonesia.
These projects, included in the Indonesian national roadmap for hydrogen and ammonia, represent a total investment estimated at €2.3bn ($2.49bn). They are among six industrial projects formalised between French and Indonesian companies during the presidential visit.
Local deployment in East Nusa Tenggara province
Simultaneously, HDF Energy signed a separate agreement with the provincial government of East Nusa Tenggara, which hosts eight of the 23 ongoing projects. The aim is to strengthen regional cooperation and streamline local infrastructure deployment in an area with increasing needs for stable power supply.
The Renewstable® power plants developed by HDF Energy combine intermittent renewable energy production (solar or wind) with green hydrogen-based storage systems to provide continuous 24/7 electricity. Excess hydrogen may also be used to decarbonise regional maritime transport.
An industrial ecosystem in development
An initial agreement to this effect was signed in April 2025 between HDF Energy, PLN and PT ASDP Indonesia Ferry to launch a decarbonised maritime initiative. The high-power fuel cells used in the Renewstable® projects will be manufactured in France, at the Bordeaux – Blanquefort facility.
The agreements were signed as Indonesia seeks to reduce its reliance on fossil fuels, positioning green hydrogen as a core element of its future energy mix. Authorities have indicated that the strategy is based on long-term technological and financial partnerships.
