Call Us

Call us Today
(888) 846-4937

Envision: China’s renewable energy giant

Written by: Leonard Parker | Solar News | 05th July


Plans were announced this week for two new electric car battery plants in France and Britain involving Envision, the Shanghai-based company that has quietly built a global renewable energy empire.

Envision's two billion euro ($2.4 billion) electric car battery plant in Douai, northern France, will supply French carmaker Renault, it said, becoming France's second so-called "gigafactory".

Carmaker Nissan -- Renault's Japanese partner -- also said Thursday that it will invest £1 billion ($1.4 billion) to build facilities including an electric car battery plant with the Chinese company at its Sunderland manufacturing site in the UK.

- Who's behind Envision? -

Envision was founded in 2007 after its founder Zhang Lei returned to China from the UK.

Zhang, a former energy analyst, aims to build "infrastructure for a net zero world," according to a company report.

At the time the company was founded, solar panels were the hot sector receiving political support from Chinese policymakers.

But Envision, whose Chinese name "Yuanjing" means "prospect", set its sights instead on wind turbines, which were then considered more inefficient.

The company equips its turbines with sensors which it monitors in order to optimise their performance.

Envision says it has installed more than 12,500 wind turbines in China and other countries including India, France, Argentina and Kazakhstan.

- Auto batteries -

Envision, which brands itself as a champion of renewable energies, has since branched into the electric car battery sector.

The company's automotive battery arm, Envision AESC, is headquartered in Japan and will be responsible for the Douai plant.

Envision bought AESC, originally a subsidiary of Nissan, from the Japanese automaker in 2018.

Another US-based subsidiary, BEAM, specialises in rapid charging technology for electric vehicles.

The Chinese firm says it has equipped nearly 600,000 electric vehicles globally with its Envision AESC lithium-ion batteries.

- Electric racing -

In addition to power generation, Envision develops software and technologies for energy management at research and development centres in the US, Germany, Denmark and Singapore.

Its partners include Microsoft.

The group owns the Envision Virgin Racing Formula E Team, which competes in the electric car world championship.

Envision said it hopes by next year to become the first company in China to achieve carbon neutrality.

sbr-tjx/jfx

NISSAN MOTOR

MICROSOFT

Renault


Related Links
All About Solar Energy at SolarDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly paypal only



Marines shut off power, run base with renewable energy
Washington DC (UPI) Jun 30, 2021
A Marine air base successfully tested its independent electric microgrid after external power supplies were deliberately cut off, it said on Wednesday. Marine Corps Air Station Miramar conducted two tests of its Energy Resilience Readiness Exercise this week, a program undertaken by the Pentagon to ensure electricity to military installations in the event of an interruption. Miramar's microgrid power plant, completed in March, is a $20-million electrical backup system, which provides the ... read more



Source: https://www.solardaily.com/reports/Envision_Chinas_renewable_energy_giant_999.html