+
Envision Energy & Hero Future Energies Partner for Renewables
POWER & RENEWABLE ENERGY

Envision Energy & Hero Future Energies Partner for Renewables

In a significant move towards bolstering renewable energy endeavors, Envision Energy and Hero Future Energies have sealed a comprehensive framework agreement aimed at fostering collaboration in the renewable energy sector. This strategic partnership encompasses a spectrum of initiatives, including the supply of Wind Turbine Generators (WTGs), Battery Energy Storage Systems (BESS), and Green Hydrogen technologies.

Under the terms of the agreement, Envision Energy is slated to provide 588 MW of 3.3 MW WTGs to Hero Future Energies over the next 1.5 years. These WTGs are anticipated to generate approximately 2,200 GWh units of clean energy annually, marking a substantial stride towards sustainable energy production.

Srivatsan Iyer, the Global CEO of Hero Future Energies, emphasized the strategic significance of long-term agreements in mitigating supply chain disruptions and ensuring price stability. He underscored the collaborative effort between the two entities in propelling the adoption of wind energy and other decarbonization initiatives, stating, "By leveraging our collective strengths and expertise, we are strategically positioned to expedite the adoption of wind energy and other decarbonization efforts."

Expressing enthusiasm about the partnership, RPV Prasad, Managing Director of Envision Energy India, highlighted the momentous nature of the collaboration. He remarked, "It is a momentous step for Envision India to partner with Hero Future Energies, leveraging the potential in wind-rich states across India. This partnership will play a pivotal role in propelling India towards its net-zero target by 2070."

Kane Xu, Global Vice President of Envision Energy, reiterated the commitment to green energy transition and sustainable solutions. He outlined plans to broaden the partnership beyond WTGs, incorporating solutions in BESS and Green Hydrogen, to become a preferred NetZero Tech Partner.

Envision Energy has already entrenched itself in India's renewable energy landscape, having commissioned over 690 MW of wind projects and securing substantial orders for WTG models. With this collaboration, both companies are poised to make significant strides in advancing renewable energy adoption and contributing towards India's ambitious sustainability goals.

In a significant move towards bolstering renewable energy endeavors, Envision Energy and Hero Future Energies have sealed a comprehensive framework agreement aimed at fostering collaboration in the renewable energy sector. This strategic partnership encompasses a spectrum of initiatives, including the supply of Wind Turbine Generators (WTGs), Battery Energy Storage Systems (BESS), and Green Hydrogen technologies. Under the terms of the agreement, Envision Energy is slated to provide 588 MW of 3.3 MW WTGs to Hero Future Energies over the next 1.5 years. These WTGs are anticipated to generate approximately 2,200 GWh units of clean energy annually, marking a substantial stride towards sustainable energy production. Srivatsan Iyer, the Global CEO of Hero Future Energies, emphasized the strategic significance of long-term agreements in mitigating supply chain disruptions and ensuring price stability. He underscored the collaborative effort between the two entities in propelling the adoption of wind energy and other decarbonization initiatives, stating, By leveraging our collective strengths and expertise, we are strategically positioned to expedite the adoption of wind energy and other decarbonization efforts. Expressing enthusiasm about the partnership, RPV Prasad, Managing Director of Envision Energy India, highlighted the momentous nature of the collaboration. He remarked, It is a momentous step for Envision India to partner with Hero Future Energies, leveraging the potential in wind-rich states across India. This partnership will play a pivotal role in propelling India towards its net-zero target by 2070. Kane Xu, Global Vice President of Envision Energy, reiterated the commitment to green energy transition and sustainable solutions. He outlined plans to broaden the partnership beyond WTGs, incorporating solutions in BESS and Green Hydrogen, to become a preferred NetZero Tech Partner. Envision Energy has already entrenched itself in India's renewable energy landscape, having commissioned over 690 MW of wind projects and securing substantial orders for WTG models. With this collaboration, both companies are poised to make significant strides in advancing renewable energy adoption and contributing towards India's ambitious sustainability goals.

Related Stories

Gold Stories

Next Story
Real Estate

Kamdhenu Realities acquires 4-acre Navi Mumbai land parcel

Kamdhenu Realities has acquired a 4-acre land parcel from RPG Life Sciences on Thane-Belapur Road for approximately Rs 1.5 billion, expanding its commercial real estate portfolio in Navi Mumbai.The parcel has a total developable potential of 1.8 million sq ft, on which Kamdhenu plans to develop a destination-scale commercial and lifestyle ecosystem. The proposed development will combine corporate office suites with high-street retail, F&B outlets, double-height lobbies, business infrastructure and lifestyle amenities.Located close to IKEA and opposite the upcoming Pawane Railway Station, t..

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code