Copenhagen Infrastructure Partners (CIP), a Danish investment company, has confirmed plans to set up a large-scale green hydrogen plant in Mexico’s south-eastern Oaxaca region. This announcement was made just two days after President Andrés Manuel López Obrador revealed the initiative in a letter to US President, Joe Biden.
According to the notification, the project is about to get started. The company will further collaborate with partners and local authorities for the development of the project. The objective of the project is to provide fuel for ships at the port on the Pacific shore of the Tehuantepec isthmus rail line that connects to the Gulf coast.
In July 2023, CIP and Copenhagen Offshore Partners applied to Bangladesh’s government for permission to build a 500 MW wind farm in the Bay of Bengal. According to a preliminary analysis conducted by the two companies, the project might generate hundreds of direct and indirect employments during its construction phase, as well as tens of jobs over its 30-year operational life.