CIP and Tenaska agree to develop GW-scale hydrogen projects via clean energy fund

Copenhagen Infrastructure Partners (CIP) has agreed to develop green hydrogen projects in the US, collaborating with Tenaska.

Through the Energy Transition Fund I (CI ETF I) – the ‘largest’ dedicated clean hydrogen fund globally – the two companies will develop greenfield gigawatt-scale green hydrogen projects to serve local and global demand.

The agreement will support the US Department of Energy’s National Clean Hydrogen Strategy and Roadmap of reaching a production of 10 million metric tonnes of the fuel by 2030, 20 million metric tonnes by 2040, and 50 million metric tonnes annually by 2050.

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