Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG (Friesen Elektra) have initiated project Anker, a green hydrogen production facility in Sande, northern 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.
Project Anker is strategically located near Wilhelmshaven, an important energy and industrial hub, and near the future German hydrogen core network. It is projected to produce 80 000 tons of green hydrogen annually to the benefit of key German industries, including steel and chemicals, as well as the transport sector. The project will bolster the regional economy in Lower Saxony by creating new jobs, growth and fostering active community engagement. The project will be powered by renewable energy from the grid, supported by offshore and onshore wind, as well as solar energy. By substituting fossil fuels with green hydrogen, the project can reduce CO₂ emissions by up to 2.4 million tons annually.
“At CIP, we continue to see a large potential in green hydrogen despite slower than expected market development and we remain committed to investments in large-scale renewable infrastructure solutions to decarbonise energy-intensive industries,” said Felix Pahl, a CIP partner.
“We aim to accelerate the energy transition and advance decarbonisation by leveraging our combined strengths and expertise,” said Christian Gätje, CFO of Friesen Elektra.
CIP’s Energy Transition Fund I (CI ETF I) is the largest dedicated greenfield green hydrogen fund worldwide. It has built a portfolio of Power-to-X projects, with around 6.5 GW of electrolyser capacity in its development portfolio globally.
