Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has announced a landmark power purchase agreement (PPA) with Google in the Netherlands. Under the 15-year agreement, Google will procure 250MW of wind power from the Zeevonk project to support its Dutch operations.
CIP’s Energy Transition Fund I is recognized as the world’s largest dedicated greenfield green hydrogen fund, boasting approximately 6.5 GW of electrolyser capacity under development globally.
The Zeevonk Project: A Pioneering Energy Hub
Zeevonk, a joint venture between Vattenfall and CIP, is a groundbreaking renewable energy project that integrates offshore wind, solar energy, and green hydrogen production at scale. Situated 62 km off the Dutch coast, the project includes a 2 GW offshore wind farm and a 50 MW floating offshore solar farm.
Scheduled to be operational by 2029, the energy generated will not only power Google’s operations but also be partially converted into green hydrogen at a large-scale electrolyser facility in the Port of Rotterdam.
Google's Commitment to Carbon-Free Energy
Adam Elman, Director of Sustainability EMEA at Google, emphasized the significance of this partnership:
“Google partnered with CIP ahead of the government tender for this subsidy-free, GW-scale project. We are proud of the outcome and close collaboration with CIP. The Zeevonk project is designed with system integration at heart and combines offshore wind, floating solar and green hydrogen. The partnership with CIP will bring new carbon-free energy to the Dutch grid and power our operations in the country that provide digital tools, artificial intelligence and related services around the world.
Together with the existing power purchase agreements we have previously signed in the Netherlands, this agreement is a major milestone towards our ambition to operate on 24/7 Carbon Free Energy (CFE), everywhere we operate, by 2030.”
CIP's Vision for Renewable Energy
Felix Pahl, partner at CIP, highlighted the importance of the collaboration:
“We are very pleased to enter this partnership with Google and support their decarbonisation goals through this long-term renewable energy purchase agreement. It represents an important milestone for CIP and underlines the many opportunities in the combination of offshore wind, power-to-x and the increasing demand for renewable power by data centers.
We are excited to move Zeevonk forward together with our partners at Vattenfall and develop a project that drives local growth and jobs, provides clean energy and delivers attractive risk-adjusted returns to our investors.”
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