ACWA Power, Saudi Arabia expands its Indonesian portfolio by signing an MoU for the development of a Gigascale green hydrogen project, with Pupuk Indonesia (PI), Indonesia’s state-owned, largest offtaker of ammonia in the region.

The MOU was signed by PI President and Group CEO, Bakir Pasaman and ACWA Power Executive Vice President and Global Head of Green Hydrogen, Andrea Lovato, in the presence of Vice Minister of Ministry of State-Owned Enterprise of Indonesia, Pahala N. Mansury; Pertamina CEO, Nicke Widyawati, and other representatives, statement mentioned.