Climate Impact Innovations Challenge awarded SunGreenH2, Hydrogen Refinery, and AC Biode a total of Rp10 billion in grant funding to pilot their solutions in Indonesia

Funding Rounds

▤ Summary

East Ventures and Temasek Foundation wrapped up the Climate Impact Innovations Challenge 2024 in Jakarta after attracting more than 500 applicants from 50 countries. The program awarded Rp10 billion in total grant funding to three winners: SunGreenH2, Hydrogen Refinery, and AC Biode. The winners cover energy transition, sustainable agriculture, and circular economy use cases, with technologies aimed at green hydrogen, ammonia-based fertilizer production, and waste-to-syngas conversion. The event also included additional investment and cash prizes for other finalists, and it highlighted support from partners such as PLN, Triputra Agro Persada, and Pelindo.

$ Funding

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Amount $630.0K Total raised
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Date September 6, 2024 Announcement date
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Investors Temasek Trust, East Ventures Lead investors
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Company - Funded company

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