I am about to start a project that has been creeping up on me since taking delivery of the boat a couple years ago. The paint on the engine cover has been gradually peeling up in spots over the majority of the top and to some extent toward the bottom edges of the sides. For a while, a little touchup paint has made it livable, but it got worse over last season, and I now find myself with some time on my hands to get into this. Thankfully, this is the only part of the boat that's doing this.

So, first thing is to get this back into a surface that can be prepped for paint.
Obviously all the peeling paint needs to come off. But I am also thinking that the paint that is not currently flaking will eventually come up too. So, I am planning to strip the entire thing down to get a stable surface to start building up fresh. Probably all the way down to the glass or at least past the topcoat and this red stuff which is also peeling in places.
Any advice on techniques and tools to get this first step done with minimal effort? I have no misconceptions that this will be a lot of work, but just hoping you guys can help me avoid unnecessary work.
The game plan was to brute force this with a belt sander for the majority of the flat surfaces and maybe even the curved lip. Am I on the right track there? Any other thoughts on alternate approaches or tools to get this done as efficiently as possible?
Thanks!
HotSpot