Black & Veatch Set Investment of a US$500M for Build Plants Green Hydrogen in Indonesia

By : M. Amru | Sunday, November 26 2023 - 10:46 IWST

Black & Veatch Advances Green Hydrogen Production in Indonesia
Black & Veatch Advances Green Hydrogen Production in Indonesia

INDUSTRY.co.id - Jakarta, Black & Veatch, a global leader in critical infrastructure solutions, has conducted a feasibility study for Augustus Global Investment (AGI) on the generation of green hydrogen in Indonesia.

The project envisions green hydrogen production using electrolyzers powered by grid-supplied renewable energy.

Black & Veatch provided a plant configuration and technology analysis and order-of-magnitude cost estimates for hydrogen generation and storage. The study finds that the project can be technically and economically feasible and has the potential to significantly contribute to Indonesia's energy transition.

“With Indonesia’s vast energy and renewable resources including geothermal energy, there is great potential for this project to be a catalyst in creating a long-term hydrogen economy in Indonesia over this next decade,” said Narsingh Chaudhary, President, Asia Pacific and India, Black & Veatch.

“Black & Veatch is at the forefront of the green hydrogen value chain including currently building one of the world’s largest industrial green hydrogen production and storage facilities on a turnkey basis and we are pleased to bring our global expertise to the region to support these new project developments,” he added.

The proposed green hydrogen production plant would be built in the Arun Lhokseumawe Special Economic Zone (SEZ) in the Aceh province of Indonesia. The plant is expected to produce 98.5 tons of hydrogen per day (TPD) and have a 300-megawatt (MW) capacity.

"Augustus sees worldwide prospects for long-term investment in the infrastructure and energy sectors. We are thrilled to invest in Indonesia and support the nation's transition to a clean energy future," said Fadi Krikor, CEO of AGI, a Germany-based investment firm focusing on infrastructure and energy.

Developing the green hydrogen production plant is estimated to cost USD 500 million.

Part of Indonesia’s efforts to meet carbon neutrality targets includes developing large-scale renewable energy, with a concentration on solar, hydropower and geothermal energy as well as hydrogen.

Black & Veatch is involved in building 245 MW of electrolysis capacity, nearly doubling green hydrogen production worldwide, including as the engineering, procurement and construction (EPC) provider for the Advanced Clean Energy Storage facility in Delta, Utah, USA, which will be among the world’s largest industrial green hydrogen production and storage facilities.

News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…