RIYADH: Indonesia is on course to develop its largest green hydrogen project yet, worth over $1 billion, thanks to Saudi Arabia’s energy firm ACWA Power.  

The development, which was announced at COP28 in collaboration with Indonesian utilities company PT Perusahaan Listrik Negara, known as PLN, and chemicals entity PT Pupuk Indonesia, is projected to produce 150,000 tons of green ammonia annually, according to a statement.  

Also referred to as Garuda Hidrogen Hijau, the project is expected to be powered by 600 megawatts of renewable energy.  

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