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Envision Energy a key global player in renewable energy solutions, has triumphed in securing a substantial order from JSW Energy for the development of a 653.4 MW wind energy park spanning both Karnataka and Maharashtra. The project is expected to be commissioned in a phased manner by the end of 2024 and will produce 2200 GWh units of clean energy, which will boost India’s progress towards achieving net zero emission goals. The estimated total investment is around USD 60 million. As per the contract, Envision Energy will supply 198 Units of its EN 16-3.3 MW Wind Turbine Generators.
“It is a really happy moment for us as we partner with JSW Energy to leverage India’s wind energy potential in Karnataka and Maharashtra. The booming Indian wind energy landscape would play a pivotal role in propelling the country towards net zero.” RPV Prasad, CEO, of Envision Wind Power Technologies India, said.
“It has become critical to collaborate for accelerating green energy transition to avert the climate crisis. This partnership is a testament to our commitment to solving the challenges for a sustainable future. Together we can develop reliable renewable energy solutions in India.” Kan Xu, Global Vice President of Envision Energy and Chairman of Energy India stated.
What is the role of Envision in India's renewable energy sector?
Envision Energy is into designing, manufacturing, and operating smart wind turbines and energy storage systems, As per a Global Wind Turbine Market shares report, Envision Energy secured the 4th position globally. Envision has successfully installed 330MW of wind farms in India and has been awarded more than 4.7GW of new projects. Additionally, the firm has increased its production capacity, with an annual output of 3GW for Nacelle &Hub in Pune and 2.5GW for blades at the Trichy facility, to sustain this favorable growth trend. With an order book close to 5GW, Envision manages operations at more than 20 project locations while serving 12 clients across six states in India.
What Is The Role Of JSW Energy?
JSW Energy, a subsidiary of the JSW Group, is an Indian power company engaged in power generation, transmission, and trading. JSW Energy currently aims to enhance renewable energy capacity in India. The organization has secured orders from various state governments in India. In May this year, the company signed a pact with SECI (Solar Energy Corporation of India Limited) for a 300 MW Wind Project in Maharashtra. Additionally, JSW Energy will commission three Green Energy Projects by the fiscal year 2025.
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