Copenhagen Infrastructure Companions launches Australian subsidiary eyeing 6GW of solar PV and wind

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The subsidiary can even query to manufacture energy storage solutions right by Australia as fragment of its supposed portfolio.

The unusual company is growing three initiatives in Australia. These encompass the 450MW Sunnyside Wind Farm, positioned in New South Wales’ South-West Renewable Power Zone (REZ), and the 1GW Wester Tablelands Wind Farm, in Victoria. This challenge will feature a co-positioned battery energy storage device (BESS); nevertheless, the skill has not been revealed.

Voyager’s remaining challenge, the 2GW+ Power Oasis in New South Wales, is predominantly an onshore wind challenge nevertheless will feature a co-positioned solar PV energy plant with an accompanying BESS. The skill of these has also not been disclosed.

Danish investment big CIP entered the Australian market in 2017 by investing within the 2.2GW Star of the South offshore wind farm in Gippsland, southern Victoria. CIP is also supporting the event of the 5GW Murchison Renewable Hydrogen Challenge, essentially based fully in mid-west Western Australia, aiming to combine solar PV and wind era to construct inexperienced hydrogen for exports to Japan and South Korea.

CIP’s global solar PV portfolio

CIP is one among the excellent financial players within the worldwide renewable energy market. As of late, it has invested in several well-known solar PV and energy storage initiatives. Certainly, the organisation has over 120GW of complete skill in its building pipeline, with US$50 billion being invested to this level.

Seemingly one among its most valuable moves became once the majority piece acquisition of South African self reliant energy producer (IPP) Mulilo Power Holdings in March 2023. CIP assumed administration of Mulilo and its resources, which at the time comprised a 25GW pipeline of onshore wind, solar PV, and storage to boot to 440MW of operational PV and wind initiatives. 

On the time, Niels Holst, a associate at CIP, said the acquisition of Mulilo represented an “stunning opportunity to make investments in a rising developer”.

In additional fresh times, a consortium consisting of CIP, AP Møller Capital, and TE H2 revealed plans final week (29 October) to originate a 1GW renewable energy facility in Morocco that can construct inexperienced ammonia.

Positioned advance the Atlantic hover within the Guelmim-Oued Noun divulge, the challenge will feature 1GW of solar PV and wind skill to energy the manufacturing of inexperienced hydrogen, which is in a design to be remodeled into 200,000 tonnes of inexperienced ammonia for exportation to the European market.

Ammonia is one among the predominant techniques being explored for neat-scale hydrogen transportation, with the EU having established a target within its REPowerEU Technique of importing 10 million tonnes of dapper hydrogen by 2030.

CIP is also looking out out for alternatives within rising global markets, and in December 2023, it launched its second Affirm Markets Fund (GMF) with plans to direct around 10GW of renewable energy skill. This would maybe describe around US$10 billion of complete capital infrastructure investment.

 The Affirm Markets Fund II will focal level on funding neat-scale solar PV, battery energy storage, energy-to-X and onshore and offshore wind in “excessive-boost, heart-earnings markets” right by Asia, Latin The US and EMEA.

Specifically, the fund will target 15 markets, of which CIP named five: India, Vietnam, Philippines, Mexico, and South Africa.