Copenhagen Infrastructure Partners (CIP) and Friesen Elektra Green Energy AG have joined forces to launch Project Anker, a significant green hydrogen production facility located in Sande, Lower Saxony, Germany. The project, starting with an electrolysis capacity of 400 MW and plans to double to 800 MW, is set to produce up to 80,000 tonnes of green hydrogen annually. This initiative is strategically positioned near Wilhelmshaven, a crucial energy and industrial hub, and close to Germany's planned hydrogen core network. Project Anker aims to replace fossil fuels with green hydrogen, potentially reducing CO2 emissions by 2.4 million tonnes annually. The hydrogen production will be powered by renewable energy sources from wind and solar, aligning with Germany's ambitious climate goals. The project is part of Germany's broader strategy to achieve climate neutrality by 2045, with a specific target of having at least 10 GW of electrolysis capacity for green hydrogen production by 2030. Project Anker, supported by CIP's Energy Transition Fund I, which is the largest greenfield green hydrogen fund globally, is expected to have positive economic impacts on Lower Saxony by creating jobs and fostering community development. This green initiative not only offers environmental benefits but also contributes to the sustainable growth of industries like steel and chemicals, as well as the transport sector. Overall, Project Anker represents a significant step towards decarbonization and a more sustainable future for Germany.