Envision Energy to supply 100 turbines for 300-MW offshore wind project

11 Jan 2024 CW Team

Envision Energy announced its commitment to supply approximately 100 turbines, each with a capacity of 3.3 MW, for a 300-MW offshore wind venture in Karnataka. This initiative, spearheaded by the investment fund Copenhagen Infrastructure Partners (CIP) on behalf of Viviid Renewables (Viviid), will be realized through a strategic partnership.

Envision Wind Power Technologies India, under a turbine supply agreement, has enlisted CIP for the delivery of EN 156 3.3 MW turbines. Meanwhile, Viviid will undertake the balance-of-plant tasks and services and secure a minority ownership stake in the project. Despite the absence of specific financial details in the statement, Envision Energy is set to deliver 95-100 turbines for the project, projected to reach completion by the end of 2025.

Peter Sjntoft, Associate Partner at CIP, expressed enthusiasm about the ongoing collaboration, emphasising the positive impact on local growth, job creation, and returns for fund investors. Kane Xu, Global Vice President of Envision Energy and Chairman of Envision Energy India, highlighted the imperative need for collaboration to accelerate the green energy transition and address climate challenges. This partnership, Xu asserted, underscores the company's steadfast commitment to sustainable solutions for a greener future. Copenhagen Infrastructure Partners (CIP) is acknowledged as the world's largest dedicated fund manager specialising in greenfield renewable energy investments, particularly in offshore wind projects.

Envision Energy, a prominent player in the industry, specialises in designing, manufacturing, and operating intelligent wind turbines and energy storage systems. Additionally, the company is actively engaged in providing solutions for green hydrogen, reinforcing its role in advancing sustainable energy solutions in India and beyond.

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