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Korea Herald
28-05-2025
- Business
- Korea Herald
Witnessed by President Prabowo and President Macron, PT SMI Explores the Potential for Financial Support Related to Hydrogen Utilization for Electrification
JAKARTA, Indonesia, May 28, 2025 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI") reaffirms its commitment to accelerating the energy transition in Indonesia. PT SMI is exploring potential collaboration with PT Perusahaan Listrik Negara (Persero) ("PT PLN") and HDF Energy. The Memorandum of Understanding (MoU) for Exploring Financing Support Related to Hydrogen Utilization for Electrification, signed by the three parties, was announced directly in front of the President of the Republic of Indonesia, Prabowo Subianto, and the President of France, Emmanuel Macron, at the State Palace, Jakarta, on Wednesday, May 28, 2025. The President Director of PT SMI, Reynaldi Hermansjah, the President Director of PT PLN, Darmawan Prasodjo, and the Founder & CEO of HDF Energy, Damien Havard, who are the signatories of the MoU, were also present at the State Palace. The announcement of this MoU is one of the series of agendas during President Macron's bilateral visit to Indonesia. Through this agreement, PT SMI further demonstrates its role in fostering collaboration with various parties on climate issues. "Today is a very important day for PT SMI, as our active role in the energy transition has been appreciated by President Prabowo and President Macron. This certainly motivates us even more to enhance our collaborative spirit in helping to address the impacts of climate change. We are interested in exploring support for this project due to several aspects, namely first, support for the implementation of new technology, specifically hydrogen in the energy transition aspect, then the project's location in Eastern Indonesia, which is a priority area for us, and the need for blended finance," said Reynaldi Hermansjah, President Director of PT SMI. Through the newly signed MoU, PT SMI, PT PLN, and HDF Energy are ready to collaborate in developing Hydrogen on Sumba Island, East Nusa Tenggara. This project will also place Indonesia at the forefront of the Asia-Pacific region in the development of clean energy based on fuel cell technology, leveraging HDF Energy's specialization in hydrogen-to-power technology. HDF Energy is a French company that develops and operates hydrogen infrastructure, focusing on the development of power plants that can continuously generate electricity sourced from renewable energy and Megawatt-scale fuel cells. This project is projected to reduce Greenhouse Gas (GHG) emissions by 711,946 tCO2e over 25 years of operation or an average of 28,478 tCO2e per year. In addition to environmental benefits, PT SMI also highlights the significant advantages of this project, especially for the socio-economic conditions of the surrounding communities in Sumba Island. "This project will provide access to clean and stable energy for more than 10 thousand households in Sumba, without any negative impact on the environment. Of course, this will benefit the community in providing their electricity needs for daily activities. Moreover, this project will also accelerate local economic growth, as it supports the local agriculture and tourism sectors, and creates new jobs, employing more than 100 workers during its construction and operational phases," added Reynaldi. As of March 2025, PT SMI has financed 96 climate-related projects with a cumulative commitment of IDR 34.1 trillion and a project value of IDR 175.3 trillion. As many as 48 projects have been calculated, resulting in a potential avoided Greenhouse Gas (GHG) of 4.0 million tons of CO2-Equivalent and a potential Carbon Credit Equivalent of USD 14 million. PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), established on February 26, 2009, is a State-Owned Enterprise under the coordination of the Ministry of Finance, in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as an agent of sustainable development. PT SMI has 3 business pillars, namely Commercial Financing, Public Financing, and Advisory Service and Project Development. PT SMI has various functions and unique products/features to support the acceleration of infrastructure development, which not only serves as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme involving various financial institutions, both private and multilateral. PT SMI actively supports the implementation of Public Private Partnership (PPP) and encourages the acceleration of infrastructure development in the regions through regional loan products.
Zawya
12-02-2025
- Business
- Zawya
Technology paves the way for sustainable mining in Africa
Africa is working to become a global leader in sustainable mining, transitioning from traditional methods to more environmentally friendly practices. In late 2023, an innovative biological oxidation technique was introduced to gold mining operations in Zimbabwe, reducing pollution. This method uses bacteria to feed on sulphur in sulphide ores, eliminating the need for processes like burning sulphur, which can cause acid rain. This advancement has led to a 20% reduction in pollution and a decrease in the use of chemicals like mercury and cyanide. At the macro level, the need for beneficiation is core to Africa's mining future. With the African Continental Free Trade Area (AfCFTA) opening new opportunities, there must be focus on processing raw materials locally to ensure the economic benefits stay within the continent. The extraction of valuable minerals like lithium and cobalt could be leveraged to create local industries, such as battery manufacturing, enhancing intra-African trade and fostering economic growth. The AfCFTA has the potential to drive industrialisation by fostering collaboration between African nations. However, this requires the establishment of local beneficiation facilities that process raw materials within the continent, keeping value chains in Africa and creating new opportunities for local economies. By focusing on beneficiation of key resources, African countries could secure greater control over their mineral wealth, ensuring that they retain a larger share of the economic value derived from their natural resources. Technology can deliver sustainable mining Technological advancements are driving sustainable mining. The rise of hydrogen power plants, wind and solar integration, and the use of digital tools for data analytics are transforming the industry. In Zimbabwe, HDF Energy is pioneering hydrogen plants powered by renewable sources, offering cleaner, off-grid power for mining operations. Additionally, the use of digital tools and data analytics in underground mining is helping optimise energy consumption, improve safety, and reduce operational costs, presenting a path toward greener and more efficient mining. More than just green Yet, the benefits of technology go beyond pollution reduction. Digital tools, including data analytics and artificial intelligence (AI), are increasingly being leveraged to optimise mining operations. These technologies help manage safety, monitor environmental factors, and improve the efficiency of resource use. For instance, AI is being used to design more efficient underground mines and track energy consumption. Additionally, the integration of renewable energy sources such as hydrogen, wind and solar power in mines is transforming energy management, reducing reliance on polluting coal-fired power plants and cutting down carbon emissions. Africa embracing clean energy Several mines have embraced clean energy solutions. First Quantum Minerals in Zambia teamed up with Chariot and Total Eren to develop a 430MW solar and wind project for its operations. Barrick Gold Corporation in the DR Congo unveiled a 16MW solar farm with battery storage to supplement the Kibali gold mine's hydropower during the dry season. Kinross Gold in Mauritania is building a 34MW battery system alongside an 18MW system at its Tasiast mine. Rossing Uranium in Namibia is planning a 15MW AC solar PV plant. Blanket Mine in Zimbabwe has installed a 12MW solar plant, meeting 30% of its electricity needs. Growth challenges However, for Africa's mining sector to truly embrace these technologies, substantial challenges remain. Mining operations are typically long-term endeavors, often taking years to develop and yielding returns over extended periods. This long development cycle creates a disconnect between the rapid pace of technological advancement and the slow-moving nature of mining. As a result, mining companies can struggle to integrate the latest innovations, which may render earlier designs obsolete by the time extraction begins. Overcoming this requires proactive investments in technology from the outset, integrating AI-driven designs into mine planning to ensure long-term adaptability. Natural resource management Another key hurdle is ensuring the sustainable use of natural resources, particularly water. Waste management in mining is crucial, and advances in digital tools allow for the design of tailings dams and waste systems that prevent harmful runoff into fresh water sources. Technologies also help minimise water consumption during the mining process itself, further reducing environmental damage. To accelerate the adoption of these technologies, African governments must play an active role by developing legislation tailored to the continent's specific needs. Current global standards, while helpful, do not always reflect the unique challenges African mining companies face. Africa's moment For technology to truly transform Africa's mining sector, it must be complemented by a focus on collaboration and investment in local industries. Partnerships with global mining companies and technology providers can accelerate the transfer of knowledge and expertise, but the real success will lie in Africa's ability to develop homegrown solutions that cater to its unique context. Sustainable mining in Africa requires the adoption of innovative technologies, smart regulatory frameworks, and greater regional collaboration. If these elements are successfully integrated, Africa's mining sector can not only meet the demands of the global market but also contribute to the continent's long-term economic and environmental sustainability. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
