Copenhagen Infrastructure Partners (CIP) has entered into an agreement with German manufacturer Sunfire for 640MW of electrolyser capacity.
The agreement will supply a portion of CIP’s multi-GW power-to-x project pipeline.
CIP is also taking part in Sunfire’s capital raising through its Copenhagen Infrastructure Energy Transition 1 fund.
To scale green hydrogen and similar projects CIP requires reliable, industrial electrolysis systems that are currently in limited supply, it said.
By partnering with Sunfire, CIP said it will secure substantial electrolysis capacity.
In addition, CIP’s participation, together with Blue Earth Capital, in Sunfire’s latest capital raising enables the scaling of the company’s hydrogen technologies.
“This agreement adds huge value for all parties involved”, said Sunfire chief executive Nils Aldag.
Copenhagen Infrastructure Partners partner Felix Pahl said: “One key factor to drive down the cost of green hydrogen is the industrialisation of the manufacturing of electrolysers and CIP plans to participate in this through partnerships and framework agreements.
“With a strong team and backing from a strong investor base, we expect that Sunfire can be a driver of the industrialization of the green hydrogen sector and thereby contribute significantly to net zero emissions and energy security targets.”