August 10, 2024: Envision Wind Power Technologies India Private Limited announces it has signed a turbine supply agreement for the EN-156 3.3 MW turbines with Blueleaf Energy, a leading pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund.
Blueleaf Energy will commence construction on a co-located wind-solar hybrid power project in Madhya Pradesh in 2024. The construction is expected to be completed in 2025.
Amiram Roth-Deblon, Blueleaf Energy Chief Operating Officer commented, “This project includes Blueleaf Energy’s innovative solution to combine optimized generation profiles with bespoke commercial arrangements that meet the needs of strategic energy off-takers. Combining wind and solar and co-locating their power generation facilities, our plant will generate clean energy 24/7, reducing the need for grid expansion, and lowering the levelized cost of energy (LCOE). We look forward to a successful collaboration and project delivery with Envision for our Pachora Hybrid Power Project, as we work towards our goal of deploying over 5 GW of renewable energy capacity in India by 2030.”
RPV Prasad, CEO, Envision Wind Power Technologies India said, “It is a proud moment for us as we partner with Blueleaf Energy to leverage the enormous wind energy potential in Madhya Pradesh. As part of our commitment to the Atmanirbhar Bharat vision, we would be assembling the Nacelle and Hubs at our Pune factory, Blades from our own or vendor’s factory in India, and sourcing tower and its components from reputed manufacturers in Maharashtra and Gujarat. The booming Indian wind energy landscape would play a pivotal role in propelling the country towards net-zero.”
Mr. Kane Xu, Global Vice President of Envision Energy and Chairman of Envision Energy India, said, “It has become imperative for us to collaborate and accelerate green energy transition to avert the climate crisis. This partnership with Blueleaf Energy is a testament to our long-term commitment in solving the challenges for a sustainable future. Together, we can develop reliable renewable energy solutions in India.”
With an investment of around ₹ 500 crores, India has emerged as a strategic market for Envision and created over 2,000 job opportunities (direct and indirect). Envision has successfully installed over 1550 MW of wind projects and has been awarded 7.7 GW of projects from 21 IPP customers. To maintain this growth trend, the company established an annual manufacturing capacity of 3GW for Nacelle & Hub in Pune, and 2.5 GW for blades between its own plant in Trichy and that of a globally reputed vendor near Bengaluru.