Australia's Largest Green Hydrogen Project Secures Funding Near Kalbarri
Key Ideas
- Copenhagen Infrastructure Partners (CIP) receives AUD814m financing from the Australian Government for a 1.5 GW green hydrogen project near Kalbarri.
- The Murchison Green Hydrogen (MGH) project will be powered by 6 GW of onshore wind and solar capacity, with plans for significant solar PV, onshore wind, and battery energy storage systems.
- The project aims to produce ammonia for export to Asia and Europe, marking a significant step in Australia's renewable hydrogen production.
- Funded under Australia's Hydrogen Headstart program, this project signifies a major advancement in large-scale renewable hydrogen initiatives, supported by the Australian Renewable Energy Agency (ARENA).
Copenhagen Infrastructure Partners (CIP) has successfully secured AUD814m in financing from the Australian Government for the development of a massive green hydrogen project near Kalbarri, Western Australia. The 1.5 GW Murchison Green Hydrogen (MGH) project is set to be a groundbreaking initiative as the first recipient of funding under Australia's Hydrogen Headstart program. Over a 10-year period, the project will receive production support financing to establish a hydrogen and ammonia production facility that will operate off-grid. This facility will be powered by a substantial 6 GW of onshore wind and solar capacity, with specific plans for 1.2 GW of solar PV, 1.7 GW of onshore wind, and 600 MW/1.2 GWh of battery energy storage systems in its initial stage. The ultimate goal is to export the produced ammonia, primarily targeting markets in Asia and Europe. The Hydrogen Headstart program, managed by the Australian Renewable Energy Agency (ARENA), is a competitive initiative supporting large-scale renewable hydrogen projects in the country. This significant investment and development not only demonstrate a strong commitment to renewable energy and infrastructure growth but also pave the way for Australia to become a key player in the global green hydrogen market.