Envision Energy

Envision Energy
Private
Industry Wind power
Founded 2007
Founder Lei Zhang
Headquarters Shanghai, China
Products Wind turbines
energy management software, and
energy technology services.
Website envision-energy.com

Envision Energy(Chinese: 远景能源) headquartered in Shanghai provides wind turbines, energy management software, and energy technology services.

History

Envision was founded by Lei Zhang in 2007 in Jiangyin, Jiangsu in the east region of China. Zhang was named Top 10 Chinese innovators in 2014 by China Daily.[1] The company started full operations since 2009.[2]

In 2013, Envision installed five 2.1 MW, 110-metre-rotor turbines at the Ucuquer wind farm in central Chile.[3] It also signed software contracts with US developer Pattern Energy’s fleet and compatriot Atlantic Power’s Canadian Hills wind farm in Oklahoma[4]

In 2014, Envision is partnering with New Zealand’s infrastructure fund manager Infratil to build smart infrastructure in Christchurch, New Zealand.[5][6]

In 2015, Envision launched its office in London to handle business in Europe, the Middle East, and Africa[7] Its entry into the European market was the purchase of a 25MW onshore project near Eskilstuna, Sweden.[7] It also acquired ViveEnergia's 600 MW wind energy projects in Mexico in the same year.[8][9][10]

Panorama of Envision's wind farm in Shanxi, China

In early 2016, Envision launched a new operational head office in Hamburg, Germany, which will provide service to its international clients in European countries,[11] and a Global Blade Innovation Center in Boulder, Colorado,[12] which will lead the R&D of blade design in the US.[13] Envision's Ucuquer wind farm project in Chile has been selected as finalist in Inter-American Development Bank’s 360 2016 Infrastructure Awards.[14] The company also made a new investment in a renewable energy project in Montenegro alongside with Enemalta, Shanghai Electric Power, and Vestigo.[15] Currently, Envision is in the process of installing 5 more wind turbines in La Esperanza Wind Farm in Negrete Municipality, Chile by the end of March 2016.[16][17]

In 2018, Nissan Motors has entered into a definitive agreement with Envision for the sale of Nissan’s electric battery operations and production facilities to Envision.[18] However, the proposed transaction between Zhang and Nissan has yet to be approved by The Committee on Foreign Investment in the United States ("CFIUS").[19] In August 2018, GSR Capital has submitted summon to The High Court of Hong Kong SAR, Envision Energy facing the potential legal injunction and legal penalties over the AESC deal for breaching of Limited Partnership Agreement basic rules. [20]

Operations

Envision 3MW at Østerild, 2017

Envision's R&D operations are based in its headquarter in Shanghai, in a factory complex in Jiangyin, and in an innovation center in Silkeborg, Denmark,[21] staffed by 40 engineers focusing on advanced turbine technology. There is a battery-storage R&D center in Osaka, Japan, a cloud service center in Houston, and a digital innovation center in Silicon Valley, California. The company has installed over 2400 wind turbines globally. It also provides software that is used in over 6,000 wind turbines in North America, Europe, Latin America and China.[22][23]

References

  1. "Top 10 Chinese innovators in 2014". China Daily. Retrieved 7 April 2016.
  2. "Zhang Lei: Chasing the wind". China Network Television. Dec 31, 2013. Retrieved April 25, 2015.
  3. "Analysis: Envison [sic] plans expansion into South America". Windpower Monthly. September 26, 2014. Retrieved April 25, 2015.
  4. "Envision moves in on US market with software deal". Windpower Monthly. Retrieved 2016-01-06.
  5. "Envision Energy Signs MOU for Smart Infrastructure Projects in New Zealand and Asia - Entertainment Close-up". Highbeam.com. Retrieved 7 April 2016.
  6. "INFRASTRUCTURE UPDATE" (PDF). Govt.nz. 17 November 2014. Retrieved April 25, 2015.
  7. 1 2 "IN DEPTH: Envision's plan to conquer Europe". Recharge Magazine. Retrieved 2015-12-08.
  8. Adamczyk, Ed. "Chinese firm invests in Mexican wind power projects". United Press International. Retrieved 7 April 2016.
  9. "China's Envision Energy Buys 600 MW Wind Energy Projects In Mexico". CleanTechnica. Retrieved 2015-12-08.
  10. "Envision acquires 600MW in Mexico". Windpower Monthly. Retrieved 7 April 2016.
  11. "Envision plans German base". reNEWS - Renewable Energy News. Retrieved 2016-02-12.
  12. "Envision Energy's New Colorado Center Focuses On Turbine Blade Design :: North American Windpower". North American Windpower. Retrieved 2016-02-12.
  13. Weston, David. "Envision to open US blade R&D site". Windpower Monthly. Retrieved 7 April 2016.
  14. "Finalist projects of the 2016 IDB Group Sustainable Infrastructure 360º Awards". Inter-American Development Bank. Retrieved 2016-02-15.
  15. "Renewable energy investment project in Montenegro between Enemalta, Shanghai Electric Power, Envision and Vestigo". The Malta Independent. Retrieved 2016-02-15.
  16. "Envision Energy nabs 10.5-MW wind turbine order in Chile". SeeNews.com. Retrieved 19 March 2016.
  17. "Wind Power Deals & Company News". Recharge Magazine. Retrieved 19 March 2016.
  18. "Nissan to Sell Electric Battery Business to Envision Group". Global Newsroom. Retrieved 2018-08-16.
  19. "Nissan Might Hit Another Stumbling Block Over Sales Of Battery Unit - xinren". Seeking Alpha. Retrieved 2018-08-16.
  20. "Envision Facing Potential HK Court Injunction For Stealing Commercial Secrets - Alpha One Minute". Seeking Alpha. Retrieved 2018-09-24.
  21. "Chinese Envision Energy to test innovative two-bladed offshore wind turbine in Denmark". Invest in Denmark. July 8, 2012. Retrieved April 25, 2015.
  22. "IN DEPTH: The Envision vision". Recharge Magazine. Retrieved 2016-01-06.
  23. "Envision Energy's Flowing Wind Turbine Headquarters is Inspired by Wind Energy". Inhabitat. Retrieved 7 April 2016.
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