tiprankstipranks
Sembcorp and PT PLN Partner for Major Green Hydrogen Project
Company Announcements

Sembcorp and PT PLN Partner for Major Green Hydrogen Project

Sembcorp Industries (SG:U96) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Sembcorp Industries and PT PLN Energi Primer Indonesia have signed a joint development agreement to establish Southeast Asia’s largest green hydrogen project in Sumatra, Indonesia. This initiative aims to create a green hydrogen hub connecting Sumatra, the Riau Islands, and Singapore, marking a significant step towards sustainable energy in the region. The project is currently moving into detailed engineering and commercial structuring, following a successful feasibility study.

For further insights into SG:U96 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App