🌊 Copenhagen Infrastructure Partners has announced the beginning of a new 800 MW hydrogen project in Germany

Denmark-headquartered Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG have initiated Project Anker, a green hydrogen production facility in Sande, Germany.The project is scheduled to have an electrolysis capacity of 400 MW with plans to expand capacity to 800 MW at a later stage. Situated in proximity to Wilhelmshaven, a pivotal energy and industrial hub, and near the future German hydrogen core network, Project Anker is strategically positioned to support the region's economic growth. CIP has announced that the project is expected to produce 80,000 tons of green hydrogen annually, with a view to benefiting key German industries such as steel and chemicals, as well as the transport sector. The project is expected to stimulate the regional economy in Lower Saxony through the creation of new jobs, growth, and active community engagement.