CIP secures funding for green hydrogen project in Australia

This will produce nearly 2 million tonnes to be brought to Asia.

Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured $511.95m (AU$814m) from the Australian government for its Murchison Green Hydrogen project.

In a statement, CIP said the funding is under the government’s Hydrogen Headstart programme.

The Murchison Green Hydrogen project, located in Western Australia, is set to produce approximately 1.8 million tonnes of green ammonia annually, primarily for export to Asian markets. It is powered by 6 gigawatts (GW) of onshore wind and solar generation.

“We see significant potential in green hydrogen and projects such as Murchison Green Hydrogen are key for countries and industries to take the next step within decarbonisation and achieving energy independence,” said Karsten Uhd Plauborg, partner at CIP

CIP has an Australian development pipeline exceeding 30 GW.