Saudi firm ACWA Power has signed new agreements to expand its business in Indonesia. Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) announced that it signed a Memorandum of Understanding (MoU) with ACWA Power.
The MoU will allow ACWA Power to look at possible investments in Indonesia. These investments will include renewable energy generation. They will also include combined cycle gas turbines, water desalination, and green hydrogen.
Another agreement was signed between ACWA Power and PT Pertamina. PT Pertamina is an Indonesian oil and gas company owned by the state.
This agreement covers plans to work together on clean energy projects in Indonesia. The plan includes up to 500 megawatts (MW) of renewable energy and gas-to-power projects. It also covers a new power supply tender, green hydrogen projects, and operation and maintenance services.
These new projects are part of ACWA Power’s wider work in other countries, including Saudi Arabia. In Saudi Arabia, ACWA Power runs water desalination plants and power stations.
There are smaller projects in Saudi Arabia that often do not get much public attention. Some of these include solar plants at local water treatment sites. These small solar arrays are often under 5 MW. They supply clean energy to power pumps and water filters.
Another project is small-scale wind turbines near remote villages in Tabuk. These turbines can produce a few megawatts each. They are used to supply local power needs when the main grid is far away.
Saudi Arabia’s government also supports small pilot projects for hydrogen in industrial zones. These pilot units can produce small batches of green hydrogen. They are being tested for transport fuel and to power forklifts in factories.