Strategically located near Wilhelmshaven Normal 0 false false false EN-US JA AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; text-align:justify; text-justify:inter-ideograph; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Aptos”,sans-serif; mso-ascii-font-family:Aptos; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Aptos; mso-hansi-theme-font:minor-latin; mso-ligatures:standardcontextual;} – an important energy and industrial hub Normal 0 false false false EN-US JA AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; text-align:justify; text-justify:inter-ideograph; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Aptos”,sans-serif; mso-ascii-font-family:Aptos; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Aptos; mso-hansi-theme-font:minor-latin; mso-ligatures:standardcontextual;} – and the future German hydrogen core network, Project Anker is projected to produce 80,000 tons of green hydrogen annually, which will benefit 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, equivalent to the emissions of approximately 340,000 households.
Felix Pahl, Partner at CIP, commented: “Project Anker has the potential to make an important contribution to Germany’s journey towards a carbon-neutral future. 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 decarbonize energy-intensive industries. We look very much forward to bring the project to realization together with our new partners at Friesen Elektra and to a constructive collaboration with the German authorities.”
Christian Gätje, CFO of Friesen Elektra, added: “We are delighted to welcome CIP and its highly skilled, experienced team as a strategic investor and development partner in our Hydrogen Park Friesland. This collaboration is a major step towards creating one of Germany’s premier hydrogen production sites. Together, we aim to accelerate the energy transition and advance decarbonization by leveraging our combined strengths and expertise.”
