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Copenhagen Energy to accelerate 4 GW offshore wind projects in the Philippines

Global, News

Copenhagen Energy and PetroGreen Energy Corporation have obtained the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects under BuhaWind Energy Philippines. This certification will accelerate the permit process, facilitating faster development of their planned 4 GW offshore wind farms. The initiative includes three projects: A 2 GW wind farm in Northern Luzon, targeted for operation by 2030. A 1 GW project in Northern Mindoro, expected to launch…

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Stiesdal Offshore partners with Copenhagen Infrastructure for floating wind sector

India, News

Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this partnership, CI V has acquired a minority stake in Stiesdal Offshore. Stiesdal will provide engineering services and project execution support, focusing on reducing costs, simplifying project execution, and accelerating the growth of floating offshore wind. The floating wind…

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Norway’s Norges Bank commits €900 million to Copenhagen Infrastructure Partners’ renewable energy fund

Global, News

Norway’s Norges Bank Investment Management has pledged €900 million ($1.004 billion) to Copenhagen Infrastructure Partners’ (CIP) renewable energy fund, CI V. This fund will focus on developing renewable energy projects, including wind and solar, across various regions. The investment aligns with the Ministry of Finance’s 2019 mandate, which supports investments in unlisted renewable energy infrastructure. The partnership also includes a €250 million investment by Copenhagen and Elgin’s retained management into the solar developer Elgin Energy,…

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Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Global, News

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off Miaoli County, Formosa 4 is the first project in this auction round to secure a local government letter of consent, a vital step toward the final establishment permit. Once operational, Formosa 4 will power over 500,000 households, making it…

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AMPIN Energy and CIP to invest USD 300 million in India’s renewable projects

India, News

AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India.  This joint effort aims to establish a renewable energy asset base valued between USD 2.7 billion and USD 3 billion. Building on a USD 200 million joint equity commitment made in 2021, the collaboration highlights their focus on accelerating India’s green transformation and fostering innovation within the energy sector. AMPIN Energy Transition currently manages…

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CIP approves investment for 220MW battery energy storage system in Chile

Global, News

Copenhagen Infrastructure Partners (CIP) has made a final investment decision on the 220MW Arena Battery Energy Storage System (BESS) in Chile’s Antofagasta region. This project, funded through CIP’s Growth Markets Fund 2, will store 1100MWh of energy and is strategically located near key transmission infrastructure and industrial clusters. The Arena BESS will shift excess solar power generated during the day for use at night, contributing to the integration of solar energy into Chile’s grid. As…

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CIP acquires 255 MW Scatter Wash battery storage project in Arizona

Global, News

Copenhagen Infrastructure Partners (CIP), through its CI V fund, has acquired the 255 MW / 1,020 MWh Scatter Wash battery energy storage (BESS) project from Strata Clean Energy in Phoenix, Arizona. Construction began in early 2024, with commercial operations expected in the first half of 2025. Strata will remain as the construction and asset manager. The project secured a 20-year tolling agreement with Arizona Public Service (APS) in 2023, and financing was arranged in February…

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GE Vernova and Lizard Renewables launch Alva Power to develop 1 GW of RE projects in Italy

India, News

GE Vernova and Lizard Renewables have announced the creation of Alva Power, a 50-50 joint venture aimed at advancing Italy’s electrification and decarbonization goals. Alva Power will focus on developing over 1 GW of wind, battery energy storage systems (BESS), and photovoltaic (PV) solar projects, initially targeting onshore wind projects in Italy. The joint venture combines GE Vernova’s financial and technological strengths with Lizard’s regional network to drive new renewable energy initiatives. In the future,…

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Construction begins on TenneT’s Ijmuiden Ver Beta offshore wind converter platform

Global, News

Construction has officially started in Singapore on the Ijmuiden Ver Beta offshore wind converter platform, a key component of the 2GW high-voltage direct current (HVDC) system for the Ijmuiden Ver Beta wind farm. This farm is a joint venture between Vattenfall and Copenhagen Infrastructure Partners (CIP). The platform is set to be installed in the Dutch North Sea by 2028. The steel-cutting ceremony took place at Seatrium’s Tuas Boulevard shipyard, with GE Vernova leading the…

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SSE Thermal, EET Hydrogen to develop green hydrogen facility in North West England

Global, News

SSE Thermal and EET Hydrogen have partnered to build a green hydrogen production facility, named Gowy Green Hydrogen, at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The initial 40 MWe facility will supply hydrogen to local industries and is expected to begin operations by 2028. Feasibility studies are complete, and design and site investigations are currently underway. A planning application is expected in 2025, with a final investment decision to follow. In August 2024,…