Latest news with #EnvisionEnergy
Yahoo
a day ago
- Business
- Yahoo
Envision Energy Partners with SUN Terra to Build Full-Chain Energy Storage Ecosystem
SHANGHAI, June 4, 2025 /PRNewswire/ -- Envision Energy, a global leader in green technology, announced a strategic partnership with SUN Terra, Indonesia's leading renewable energy company, to advance collaboration on energy storage technologies and solutions in key markets including Southeast Asia, India, and Australia. The partnership aims to accelerate the deployment of advanced energy storage solutions, enhance global supply chains, and foster the localization of manufacturing and technological expertise - all in support of the clean energy transition across these regions. According to the agreement, Envision and SUN Terra will collaborate on key areas including energy storage system procurement and distribution, localized assembly and manufacturing, technology licensing, and solution delivery. Together, both parties aim to establish a comprehensive strategic partnership covering the full value chain to accelerate the deployment and scaling of energy storage solutions in the target markets. Kane Xu, Senior Vice President and President of International Product Lines at Envision Energy, said: "SUN Terra's strong local presence and project development capabilities are highly complementary to Envision's expertise in the energy storage. Together, we will accelerate the growth of energy storage markets across Southeast Asia, India and Australia, delivering sustained momentum for enhancing local energy ecosystems." Karina Darmawan, CEO of SUN Terra, added, "As a key part of Sinar Mas' renewable energy portfolio, SUN Terra is committed to advancing clean energy development in Indonesia, Australia, and India. This strategic collaboration with Envision will not only bring advanced energy storage systems to Indonesia, but also empower the localization of production and technology advancements in the Australian and Indian markets." SUN Terra, a subsidiary of Sinar Mas - one of Indonesia's most influential conglomerates, specializes in end-to-end renewable energy development. The company has successfully delivered large-scale solar projects across Indonesia, Australia, and India, and offers integrated solutions for energy storage systems and battery lifecycle management, actively advancing the energy transition in local markets. View original content to download multimedia: SOURCE Envision Energy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Nikkei Asia
3 days ago
- Business
- Nikkei Asia
Marubeni signs 'green ammonia' deal with China's Envision Energy
TOKYO -- Japanese trading house Marubeni has signed its first-ever deal to buy "green ammonia" on a long-term basis, as the Warren Buffett-backed company doubles down on the gas that it deems critical to decarbonization. Marubeni announced Tuesday that it has signed the offtake deal with Shanghai-based Envision Energy, the world's second-largest wind turbine manufacturer, from its plant in Inner Mongolia.
Yahoo
3 days ago
- Business
- Yahoo
New Global Trade Benchmark: Envision Energy and Marubeni Sign Green Ammonia Offtake Agreement
CHIFENG, China, June 2, 2025 /PRNewswire/ -- Envision Energy, a global leader in green technology, announced a historic green ammonia offtake agreement with Marubeni Corporation, one of Japan's five major trading companies. This pioneering agreement on a global scale validates the commercial viability of green ammonia as a scalable energy solution, sets a global benchmark for its trade, and highlights the vast potential of green hydrogen-ammonia energy across the Asia-Pacific and beyond. The partnership brings together Envision Energy's leadership in integrated green hydrogen-ammonia solutions with Marubeni's expansive global network and energy trade expertise, facilitating large-scale production, supply, and commercialization of green ammonia. It aims to fast-track the global transition to low-carbon energy solutions, particularly in industries such as chemicals and fertilizers, driving sustainable growth across diverse sectors worldwide. This collaboration will also accelerate Japan's shift to a green economy, drive greater investment and innovation, and support the government's sustainability goals. "The global energy landscape is undergoing profound changes, with hydrogen-ammonia playing an increasingly pivotal role." said Mr. Frank Yu, Senior Vice President of Envision Energy, "Together with Marubeni, we are accelerating the commercialization of ammonia, turning it into a key energy solution that powers the world's transition to carbon-neutral fuels. This partnership lays the groundwork for ammonia-powered transportation and electricity generation, ultimately fostering a cleaner and more sustainable energy ecosystem." Envision Energy is the world's leading green hydrogen producer and the only company that possesses core technologies in renewable energy, hydrogen production, and net-zero industrial park, targeting for decarbonization at scale by green hydrogen-ammonia solutions. By pioneering full-stack green hydrogen technologies, including alkaline and PEM electrolysis technologies, along with its engineering competences and system integration capabilities, the company aims to address key challenges in the green hydrogen arena, particularly those related to efficiency and the intermittency of renewable energy sources. The company is at the forefront of developing the world's largest commercial green hydrogen-ammonia plant, leveraging its innovative net-zero industrial park model and full-stack green hydrogen technologies. Fully powered by green electricity from directly coupled wind and solar energy, the plant efficiently integrates wind, solar and storage with hydrogen-ammonia production to optimize costs and enhance sustainability. The initial production phase, launched in early 2024, targets 300,000 tons of green ammonia annually and plans to scale up to a total annual capacity of 1.5 million tons upon completion. Envision's outstanding contribution to decarbonization earned it the Energy Transition Changemaker Award at COP28 and recognition as an "Energy Innovator" on Fortune's Change the World list in 2024. View original content: SOURCE Envision Energy
Yahoo
3 days ago
- Business
- Yahoo
New Global Trade Benchmark: Envision Energy and Marubeni Sign Green Ammonia Offtake Agreement
CHIFENG, China, June 2, 2025 /PRNewswire/ -- Envision Energy, a global leader in green technology, announced a historic green ammonia offtake agreement with Marubeni Corporation, one of Japan's five major trading companies. This pioneering agreement on a global scale validates the commercial viability of green ammonia as a scalable energy solution, sets a global benchmark for its trade, and highlights the vast potential of green hydrogen-ammonia energy across the Asia-Pacific and beyond. The partnership brings together Envision Energy's leadership in integrated green hydrogen-ammonia solutions with Marubeni's expansive global network and energy trade expertise, facilitating large-scale production, supply, and commercialization of green ammonia. It aims to fast-track the global transition to low-carbon energy solutions, particularly in industries such as chemicals and fertilizers, driving sustainable growth across diverse sectors worldwide. This collaboration will also accelerate Japan's shift to a green economy, drive greater investment and innovation, and support the government's sustainability goals. "The global energy landscape is undergoing profound changes, with hydrogen-ammonia playing an increasingly pivotal role." said Mr. Frank Yu, Senior Vice President of Envision Energy, "Together with Marubeni, we are accelerating the commercialization of ammonia, turning it into a key energy solution that powers the world's transition to carbon-neutral fuels. This partnership lays the groundwork for ammonia-powered transportation and electricity generation, ultimately fostering a cleaner and more sustainable energy ecosystem." Envision Energy is the world's leading green hydrogen producer and the only company that possesses core technologies in renewable energy, hydrogen production, and net-zero industrial park, targeting for decarbonization at scale by green hydrogen-ammonia solutions. By pioneering full-stack green hydrogen technologies, including alkaline and PEM electrolysis technologies, along with its engineering competences and system integration capabilities, the company aims to address key challenges in the green hydrogen arena, particularly those related to efficiency and the intermittency of renewable energy sources. The company is at the forefront of developing the world's largest commercial green hydrogen-ammonia plant, leveraging its innovative net-zero industrial park model and full-stack green hydrogen technologies. Fully powered by green electricity from directly coupled wind and solar energy, the plant efficiently integrates wind, solar and storage with hydrogen-ammonia production to optimize costs and enhance sustainability. The initial production phase, launched in early 2024, targets 300,000 tons of green ammonia annually and plans to scale up to a total annual capacity of 1.5 million tons upon completion. Envision's outstanding contribution to decarbonization earned it the Energy Transition Changemaker Award at COP28 and recognition as an "Energy Innovator" on Fortune's Change the World list in 2024. View original content: SOURCE Envision Energy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
E&E News
22-05-2025
- Business
- E&E News
China was striking climate deals as Trump toured oil kingdoms
While President Donald Trump was in the Middle East last week cutting deals to boost fossil fuels, something very different was happening in China: Beijing was making clean energy agreements with Brazil. Among its new commitments are a wind, solar and battery storage hub in Brazil, a renewable energy research and development center and a $1 billion investment from Envision Energy in sustainable aviation fuel and green hydrogen. China is tapping fast-growing countries to expand its market for solar panels, electric vehicles and other green goods — particularly as its trade relationship with the U.S. becomes more volatile. Advertisement Brazil stands out because it's hosting the COP30 global climate talks this November as the U.S. retreats from international agreements to address rising temperatures. Brazil and other developing countries are leaning closer to China for trade and investments to help aid their climate goals.
