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Home » News » Envision Energy and Hero Future Energies partner to accelerate India’s renewable energy expansion

Envision Energy and Hero Future Energies partner to accelerate India’s renewable energy expansion

By EPR Magazine Editorial April 29, 2024 4:44 pm

Envision Energy and Hero Future Energies partner to accelerate India’s renewable energy expansion
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Strategic collaboration aims to supply 588 MW of wind energy, advancing India’s net-zero goals.

Envision Energy, a global leader in renewable energy solutions, and Hero Future Energies, a leading Renewable Energy IPP, have signed a framework agreement for cooperation across multiple aspects of the Renewable Energy sector, including WTG supply and other technologies such as BESS and Green Hydrogen. The framework agreement also entails Envision providing 588 MW (comprising 178 units of EN 156-3.3 MW Wind Turbine Generators), which will produce 2,200 GWh units of clean energy annually, significantly accelerating India’s progress towards achieving its net-zero emissions goals.

With the establishment of manufacturing facilities for nacelles, hubs, and blades, as well as a remote-control center for wind projects nationwide, India has emerged as a strategic market for Envision, creating over 2,000 jobs (both direct and indirect). This highly valued partnership with Hero Future Energies is expected to play a pivotal role in ramping up renewable energy capacity in India. With a proven track record in global markets, Envision WTGs are well-positioned to enhance India’s wind energy landscape. Featuring a rotor diameter of 156 meters, a hub height of 140 meters, and a rated capacity of 3.3 MW, these WTGs are ideally suited to perform in the Indian wind regime.

Srivatsan Iyer, Global CEO – Hero Future Energies said “We are pleased to announce our strategic partnership with Envision Energy, a key partner in our growth story in the RE sector. Long-term agreements such as this help us mitigate unpredictable supply chain disruptions while ensuring price stability. By leveraging our collective strengths and expertise, we are strategically positioned to expedite the adoption of wind energy and other decarbonisation efforts. This collaboration underscores our commitment to fostering a cleaner and more sustainable future.”

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RPV Prasad, MD, Envision Energy India said, “It is a momentous step for Envision India to partner with Hero Future Energies (HFE), a Hero Group company to leverage the potential in wind-rich states across India. We are well placed to support HFE’s formidable presence in India and a growing global footprint complemented by our global supply chain strengths. As part of our commitment to the Atmanirbhar Bharat vision, we assemble nacelles and hubs at our Pune plant, manufacture blades at our Trichy factory and source tower components from approved manufacturers based out of 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 and Chairman of Envision Energy India, said “We are delighted to collaborate with Hero Future Energies and accelerate the green energy transition to avert the climate crisis. This partnership is a testament to our long-term commitment to solving the challenges for a sustainable future. Together, we can expand this partnership beyond Wind Turbines to solutions in BESS and Green Hydrogen to become a preferred and trusted NetZero Tech Partner of the Hero group.”

In India, Envision has successfully commissioned more than 690 MW of wind projects and has already been awarded ~ 7.4 GW orders for the highly successful EN-156, 3.3 MW WTG model. Envision is currently supporting projects for 20 IPPs in 6 states with over 30 project sites. To support this growth, the company has established an annual manufacturing capacity of 3 GW for Nacelle & Hub in Pune, and a 2.5 GW capacity for blades with 9 moulds including at its own plant at Trichy.

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