Copenhagen Infrastructure Partners (CIP) has secured another energy project funding totaling AUD 814 million. The recent CIP energy transition fund will be channeled to the Murchison Green Hydrogen project in Australia. The Hydrogen Headstart program by the Australian Government was the enabler of the transaction set to strengthen the country’s commitment to greener energy sources.
Additionally, the site area for the hydrogen project has an agreement in principle. Also complete is the feasibility study for the Power-to-X (PtX) technology used in the project.
Project factsheet
Location: North of Perth, Western Australia
Cost: AUD 814 million
Developer: CIP, Hydrogen Renewables Australia Pty Ltd
Site area: 126,000 hectares
Energy sources: 6 GW of Wind and Solar
Production capacity: 5,000 MW
Submission of Environmental Review Documents: Mid 2025
Front End Engineering and Design Study: Early 2026
Phase one Final Investment Decision (FID): 2026
Start of construction date: 2026
Construction phases: 2
Completion of construction date: 2031
The Murchison Green Hydrogen project in Australia
The “dream team of sun and wind project” in Western Australia will be one of the largest and most advanced large-scale hydrogen – and ammonia, producer in the world once operational.
Murchison Green Hydrogen project will use wind and solar power to convert the renewable energy into commercial hydrogen and ammonia. Using Power-to -X (PtX) technology, the cheap wind and solar energy will be electrolysed into hydrogen. This end product gas will then be channeled into agriculture and chemical industries as ammonia. Additionally, most of these gases will be exported to other countries aiming at green energy transition. Some of these include Japan, South Korea, and Taiwan.
According to CIP, the green hydrogen and ammonia from Australia’s Murchison Green Hydrogen project is capable of reducing annual carbon emissions by up to 4.4 million tons. The project will also produce approximately 1.8 million tons of green ammonia annually. Set to put the project on the fast lane was the much awaited AUD 814M financial decision by CIP through its CI Energy Transition Fund I (CI ETF I). Also in CIP’s energy transition fund (CI ETF I) portfolio are carbon capture, and decarbonization technologies alongside the attractive PtX.
Set to bring much more than trade returns to the Australian Government, Partner at CIP, Karsten Uhd Plauborg, mentioned the following in an official statement. “[…] We look forward to continuing to work with government, the Nanda People and community to progress the project and deliver value for the region.” Much more is definitely in line from the project.