China’s Envision Energy to Supply 1.9 GW of Wind Turbines to India

Highlights :

  • Envision will be supplying a total of 596 turbines and each of the turbines will be of 3.3 MW capacity.
  • This is the largest order bagged by a Chinese wind manufacturer from a single foreign country.

The second-largest wind manufacturer of China – Envision Energy Co – has revealed that the company has received 1.9 gigawatts (GW) of turbine orders from India. Envision is looking for overseas markets and driving its sales figures on outside China orders as the domestic market is becoming increasingly competitive.

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As per the press release Envision will be supplying a total of 596 turbines to India. The company has not revealed the period over which the supplies will be made, or the buyer. Each of the turbines will be of 3.3 megawatts (MW) of capacity. Most of them will be delivered in the first half of the next year.

Envision has also announced that it has set up a factory in India to ensure efficient delivery. The turbines will be installed in five different states across India.

The press statement of the Shanghai-based company also added that the Indian order is the largest capacity that any wind manufacturer based in China has ever received from a single foreign country.

The domestic wind turbine market of China is witnessing intense competition forcing many players to look out.  As countries ramp up their renewable efforts to realize their climate goals, Chinese wind companies seek global footprint. Chinese firms have done a tremendous job catching up with their mainly western counterparts, especially in the Onshore wind space. The last remaining bastion they have to break is the offshore wind space, where European and American manufacturers still dominate.

A month ago, Xinjiang Goldwind Science & Technology Co. received an order of 148.5 MW from Chile. It has also supplied 8.7 GW of turbines overseas by the end of 2021. Similarly, Ming Yang Smart Energy Group has a primary focus on the offshore wind market. The group received orders from Italy and Japan.

According to Mordor Intelligence, the Chinese wind energy market will grow at a CAGR of 11.5 per cent between 2022 and 2027. In 2020, China added half of the world’s wind energy addition.

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