Hyundai + LG inaugurate Indonesia’s first EV battery plant
The USD 1.1 bn plant can power over 50k units
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The USD 1.1 bn plant can power over 50k units
The platform will prioritize high-impact projects in energy access and climate action.
The purchase will support 1 GW development
The sale is part of Eni's New strategy to specialize its entities
The project aims to produce hydrogen from gas with carbon capture, known as blue hydrogen, by mid-2030.
The new rules aim to incentivize more competitive pay
The plant already has orders for enough electrolyzers to produce hydrogen with a capacity of 2 GW
The 24 MW plant will help offset 41k tons of CO2 annually
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