Copenhagen Infrastructure Partners (CIP) and Sunfire have executed a framework agreement for up to 640 megawatts of electrolysis to supply a portion of CIP’s multi-gigawatt power-to-X project pipeline.
With the partnership, CIP will secure substantial electrolysis capacity to help scale its power-to-X projects. Industrial electrolysis systems are currently in limited supply.
In addition, CIP is participating, alongside Blue Earth Capital, in Sunfire’s latest capital raising to enable the scaling of the company’s hydrogen technologies.
“One key factor to drive down the cost of green hydrogen is the industrialization of the manufacturing of electrolyzers, and CIP plans to participate in this through partnerships and framework agreements,” said Felix Pahl, partner at CIP. “Sunfire is a leader in electrolysis technology, which will be the key component in the decarbonization of hard-to-abate sectors and a contributor to European energy independence.”