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Zeevonk, a three way partnership of Vattenfall and Copenhagen Infrastructure Companions (CIP) via its Vitality Transition Fund, has been awarded a allow to construct wind farm IJmuiden Ver Beta within the Netherlands. This 2 GW offshore wind mission will embody a 50 MWp floating offshore photo voltaic farm on website and a brand new electrolyzer on the Port of Rotterdam which is able to convert electrical energy of IJmuiden Ver to inexperienced hydrogen.
Two main offshore wind builders be a part of forces: Vattenfall, one in every of Europe’s main power corporations, and Copenhagen Infrastructure Companions, a world chief in renewable power investments. Each events have a powerful monitor report in growing, setting up and working offshore wind tasks. The portfolio of the 2 corporations mixed contains a number of wind farms globally.
“The Netherlands is taking yet another major step forward in the energy transition with IJmuiden Ver. Combining wind, solar and hydrogen, this project will create a state-of-the-art energy system and support further decarbonization of industries and our society. We are extremely proud to have been awarded this permit and look forward to implementing our plans for this energy park together with CIP,” says Martijn Hagens, CEO Vattenfall Netherlands.
“The Netherlands is at the forefront of the energy transition with ambitious offshore wind and hydrogen targets and stands out as a pioneer in this field. We at CIP are confident that our strong partnership with Vattenfall will support and contribute to the Netherlands journey towards a carbon-neutral future. The award of IJmuiden Ver Beta is a milestone for CIP’s Energy Transition Fund and an important step in realizing an integrated energy system in the North Sea,” says Felix Pahl, Associate at CIP.
Zeevonk issues the conclusion of a 2 GW offshore wind farm, 50 MWp floating offshore photo voltaic farm and a large-scale electrolyzer. The brand new electrolyzer can be constructed on the Maasvlakte on the Port of Rotterdamwhich and produce hydrogen, which may help to decarbonize industries and transport. Inexperienced hydrogen will play a key function in changing fossil fuels and feedstock.
The introduction of a 50 MWp floating offshore photo voltaic farm is the subsequent step within the improvement and additional upscaling of offshore photo voltaic, in comparison with the 5 MWp floating photo voltaic farm that’s presently contructed off the Dutch coast. Combining photo voltaic and wind implies that the obtainable house is used extra effectively. One other profit is that photo voltaic and wind complement one another and are in a position to share the identical grid connection, which leads to a extra environment friendly use of the ability grid.
In regards to the Zeevonk three way partnership
Zeevonk is a three way partnership wherein Vattenfall and Copenhagen Infrastructure Companions (CIP), via its Vitality Transition Fund I, have joined forces for the aim of growing, setting up and working the IJmuiden Ver Beta offshore wind farm and the large-scale electrolyser. CIP can be working with Copenhagen Offshore Companions, it’s unique offshore wind improvement accomplice.
About Vattenfall
Vattenfall is a number one European power firm that has been driving the electrification of trade, powering properties and modernising individuals’s existence via innovation and collaboration for greater than 100 years. Our purpose is fossil freedom – a future the place we allow everybody to dwell, transfer and produce issues fossil-free. Throughout our worth chain, we purpose to realize net-zero emissions by 2040. We make use of round 21,000 individuals throughout the Group, have round 14 million clients and function primarily in Sweden, Germany, the Netherlands, Denmark and the UK. Vattenfall is wholly owned by the Swedish state.
About Copenhagen Infrastructure Companions
Based in 2012, Copenhagen Infrastructure Companions P/S (CIP) as we speak is the world’s largest devoted fund supervisor inside greenfield renewable power investments and a world chief in offshore wind. The funds managed by CIP deal with investments in offshore and onshore wind, photo voltaic PV, biomass and energy-from-waste, transmission and distribution, reserve capability, storage, superior bioenergy, and Energy-to-X. This contains the biggest devoted greenfield inexperienced hydrogen fund worldwide, Copenhagen Infrastructure Vitality Transition Fund I (CI ETF I). CI ETF I has constructed a market main portfolio of Energy-to-X tasks, with round 6.5 GW of electrolyser capability in its improvement portfolio globally. CIP manages 12 funds and has thus far raised roughly EUR 28 billion for investments in power and related infrastructure from greater than 160 worldwide institutional buyers. CIP has roughly 500 workers and 12 workplaces around the globe.
Press launch from Vattenfall.
