Pertamina Power Indonesia (Pertamina NRE), Keppel Infrastructure (through Keppel New Energy Pte. Ltd.) and Chevron Corporation (NYSE: CVX, through Chevron New Energies International Pte. Ltd.) have signed a joint-study agreement (JSA) to explore the development of selected green-hydrogen and green-ammonia projects using renewable energy located primarily in Sumatera, Indonesia.
The JSA intends to explore the feasibility of developing a green-hydrogen facility, with a production capacity of at least 40,000 tonnes per year powered by 250 megawatts to 400 megawatts of geothermal energy in the initial phase. The hydrogen-production facility could have the potential to scale up to 80,000 tonnes to 160,000 tonnes per year, depending on the availability of geothermal energy and market demands.
The JSA aims to draw on the complementary strengths of Pertamina, the largest energy company in Indonesia; Keppel Infrastructure, a leading Singapore-based energy infrastructure solutio