2021-11-27
http://w3.windfair.net/wind-energy/news/39107-cip-investment-cop26-renewable-energy-offshore-wind-co2-emissions-reduction-decarbonisation-hydrogen-denmark-gw-future

News Release from windfair.net

List_windfair_logo_pos

Wind Industry Profile of


CIP pledges to deploy EUR 100bn into green energy investments by 2030

Copenhagen Infrastructure Partners (CIP), a fund manager within greenfield renewable energy investments, urges for swift policy action to accelerate the pace of the renewable build-out and to meet the Paris agreement targets to limit the rise in temperature.

Image: PixabayImage: Pixabay

“Our ambition is to reach EUR 100bn in asset under management no later than 2030.  We have already seen tremendous growth in our portfolio since our establishment eight years ago. Now, we have set the ambitious target of increasing our annual investments into new renewable energy projects to around EUR 10bn on average between 2022 and 2030. In combination with financing from banks and partners, our average annual deployment will be almost EUR 20bn per year during this period, resulting in significant CO2 reductions. We have already initiated this acceleration of activities across geographies and across all areas of greenfield renewable energy investments,” says Jakob Baruël Poulsen, Managing Partner of CIP.

He continues: “We join the call for COP26 to deliver swift and joint global action, and concrete policy initiatives to combat climate change. The recent reports from the IPCC and the IEA are sobering reminders of the challenges we all face. In CIP we have the project pipeline, the capabilities as well as the technological and financial resources to continue to tackle climate change. But we need firmer and more decisive policy instruments to curb CO2 emissions, including increased offshore wind build-out targets and faster approval processes”.

CIPs EUR 100bn ambition is underpinned by a pipeline of projects that is both tangible and diverse across geographies and technologies. About one-third will be offshore wind and the remaining two-thirds will include onshore wind and solar PV, as well as other technologies such as Power-to-X, energy storage, energy islands, power transmission, electrification and advanced biofuels.

enmark has been at the forefront of the green transformation of energy production, and is a leading nation within offshore wind. Recently, Denmark has decided to build the world’s first energy island, a concept which CIP has been instrumental in conceptualizing. Together with floating offshore wind and Power-to-X, energy islands – which could each support 10 GW of offshore wind – are key elements of the next generation of game-changing concepts for offshore wind. These technologies can be scaled and applied across several markets around the North Sea, in Asia, the United States and beyond.

These developments are important parts of the future of renewable energy, scaling it to unprecedented levels, reducing costs and bringing more valuable products to fuel societies with low carbon energy.

“We expect to continue to expand our activities both in scope and size, including traditional and floating offshore wind, Power-to-X, energy islands and other green technologies. We believe that with our unique project approach, our team of experienced industrialists, and our strong track record, CIP is well positioned to make a significant contribution to meeting ambitious renewable energy targets and delivering the energy transition”, says Jakob Baruël Poulsen.

Source:
CIP
Author:
Windfair Editors
Email:
press@windfair.net
Keywords:
CIP, investment, COP26, renewable energy, offshore, wind, CO2, emissions, reduction, decarbonisation, hydrogen, Denmark, GW, future



Alle Meldungen Von windfair.net

List_windfair_logo_pos

news in archive


Thematically suitable Windfair.net members in the business directory

  • Newlist_nrgsync_logo_new
  • Newlist_bmu_logo
  • Newlist_fin_logo_pne_rgb
  • Newlist_woelfel_logo
  • Newlist_logo.enervest
  • Newlist_logo.overspeed
  • Newlist_rts_wind_ag_logo_652x312px
  • Newlist_abo_wind_logo
  • Newlist_logo.argentinaeolica.org
  • Newlist_minimax_logo
  • Newlist_windeurope_primary_rgb
  • Newlist_logo.abeeolica
  • Newlist_logo.juwi
  • Newlist_ge_renewable_energy_blau
  • Newlist_logo.renewableenergycareers
  • Newlist_logo.afriwea
  • Newlist_logo.nwea
  • Newlist_energiequelle_logo
  • Newlist_logo.sterr-koelln
  • Newlist_eno_energy_ogo_claim

more results



Keyword Search

© smart dolphin Gmbh 1999 - 2021 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020