Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has signed agreements to collaborate with Indonesia’s state-owned utility company, PLN, to move ahead with major development plans for Southeast Asia,..and included a framework agreement for a joint study into the tripling of Cirata’s capacity to up to 500MW.
The companies also agreed to explore renewable energy options around the world and the prospect of developing green hydrogen, which has huge potential for decarbonizing hard-to-abate industries, including steelmaking, construction, transportation, and aviation. With abundant solar resources, the UAE and Indonesia are in prime position to become green hydrogen production hubs. Both countries have bold net-zero targets which the deepening cooperation between Masdar and PLN will help to support.