Envision Energy, the second largest wind turbine manufacturer in China, intends to bring its products to India, the company’s Founder and Managing Director, Lei Zhang, said on Thursday.
“We will set up manufacturing facilities for sure,” Zhang told BusinessLine here, on the sidelines of the 8th Clean Energy Ministerial, a policy-cum-technical conference of clean energy ministers of 25 countries including India. Zhang was a speaker at the event.
Envision has been waiting for approvals from the Indian authorities to begin selling its turbines in India for a year now. Asked about this, Zhang said that the company was to be in India for the long term.
“Because we are making a long-term commitment, we are patient,” he said. Envision Wind Power Technologies India Pvt Ltd has been in existence since July 2016. In the meantime, all preparations are happening gradually, he said. Envision has a somewhat different model than other wind turbine manufacturers — it designs its machines and gets the components manufactured by other companies. Zhang said Envision would come to India “along with our OEM partners”.
“For us, India is as big a market as China,” he said.
Envision has 2 MW, 3 MW and 4 MW turbines in its portfolio, but Zhang did not answer a question about which machine would be introduced, saying instead that his India team would know better.
Envision is the third Chinese company attempting to enter the growing wind energy market in India. Earlier, Sinovel and Ming Yang tried unsuccessfully to get their foot in, but neither company went as far as Envision.
(The writer is in Beijing at the invitation of China Dialogue, an independent, non-profit organisation dedicated to promoting a common understanding of China’s urgent environmental challenges.)
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.