Copenhagen Infrastructure Partners (CIP) has secured AUD 814 million from the Australian Government's Hydrogen Headstart Program through its CI Energy Transition Fund I (ETF I) for the Murchison Green Hydrogen project in Western Australia.
The project is expected to produce 1.8 million tonnes of green ammonia annually and is among the largest commercial initiatives in green hydrogen, CIP said in a press release.
The project, powered by six GW of onshore wind and solar power, is located 20 km north of Kalbarri in the Mid West region. It marks a significant milestone in the development of Australia's green hydrogen economy.
- CIP is honoured to receive this funding, which supports our shared vision with the Australian Government to establish a leading green hydrogen industry in Australia, says Karsten Uhd Plauborg, Partner at CIP. He continues.
- We see great potential in green hydrogen, and projects like Murchison Green Hydrogen are essential for countries and industries to take the next step towards decarbonization and energy independence.
CIP has previously invested in the Australian renewable energy sector, including the Star of the South offshore wind project. With a development pipeline of over 30 GW in Australia, CIP remains committed to advancing renewable energy globally.
amp
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
