Published by Todd Bush on June 6, 2023
RIYADH, Saudi Arabia, June 6, 2023 /PRNewswire/ -- Envision Energy, a global leader in green technology, today announced that it has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world's largest utility-scale hydrogen plant powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia's region of NEOM.
>> In Other News: Biorem Order Backlog Exceeds $50 Million on Strength of $11-million in New Orders
Under the contract, Envision's cutting-edge 171-6.5MW wind turbines will be installed and are expected to be fully operational by 2026.
"This contract represents a significant milestone for both our companies and the industry at large," said Zhang Lei, CEO of Envision Energy. "We are proud to be associated with such an ambitious project that will pave the way for other companies to follow suit in pursuing sustainable initiatives."
>> In Company Spotlight: Air Products & Chemicals Inc.
"We are extremely excited to collaborate with Envision on this groundbreaking project," said Wolfgang Brand, Vice President of NEOM Green Hydrogen from Air Products. "This milestone demonstrates our shared commitment towards meeting sustainability objectives through project deliveries."
NEOM Green Hydrogen Company aims to produce carbon-free hydrogen using solely renewable energy sources such as wind and solar power to produce up to 600 tonnes per day of carbon-free hydrogen by the end of 2026 This initiative serves as a critical step forward in promoting Saudi Arabia's Vision 2030 mission of reducing carbon emissions while simultaneously encouraging economic growth and job creation.
David Edmondson, CEO of NEOM Green Hydrogen Company, said "Partnering with Envision Energy to deliver sustainable energy will enable NGHC to drive our vision of leading the global energy transition. We look forward to working closely as one team over the next few years during the project execution phase and subsequently into long term reliable operation."
As a global net-zero technology partner, Envision offers a comprehensive suite of system solutions. In addition to wind turbine technology, Envision has extensive expertise in new energy infrastructure, combining renewables with energy storage, digital grid, and power-to-x (P2X) technologies. The mega plant by NEOM Green Hydrogen Company serves as a testament to Envision's commitment and ability to enable organizations worldwide to achieve their renewable energy goals.
Envision Group is a world-leading green technology company and net zero technology partner. With the mission of "solving the challenges for the sustainable future of humankind". Envision designs, sells, and operates smart wind turbines, smart storage system and green hydrogen solutions through Envision Energy; AIoT-powered batteries through Envision AESC; and the world's largest AIoT operating system through Envision Digital. It also owns Envision Racing Formula E team. Envision continues to promote wind and solar power as the "new coal", batteries and hydrogen fuel as the "new oil", the AIoT network as the "new grid", the net-zero industrial parks to the "new infrastructure", and to promote the construction and cultivation of green "new industry".
Envision Group was ranked among the Top 10 of the 2019 'World's 50 Smartest Companies' by the MIT Technology Review. In October 2021, Envision was ranked second in the world on the Fortune "Change the World" list. Envision Group joined the global 'RE100' initiative and became the first company in mainland China committed to 100% renewable electricity by 2025.
For more information, please visit www.envision-group.com
SOURCE Envision Energy
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue đź’° Mantel Secures $30 Million to Bring Low Cost, Energy Efficient Carbon Capture to the Heavy Industrial Sector đź”— Ontras and H2 Energy Europe Sign MOU to Advance Hydrogen Infrastr...
Inside this Issue 🤝 Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil Partnering in World’s Largest Low-Carbon Hydrogen Facility 💡 Oxylus Energy Raises $4.5 Millio...
Inside this Issue 🛢️ Oil and Gas Giant Bp to Partner Aberdeen's Hydrogen Plans 💰 DOE Awarding $62M to 20 Projects to Improve Performance of Clean Hydrogen Infrastructure 🌍 DP World’s Bold Steps To...
With backing from leaders in the energy industry, the company is scaling its molten borate carbon capture technology, which could cut costs by more than half. BOSTON--(BUSINESS WIRE)--Mantel Captu...
Ontras and H2 Energy Europe Sign MOU to Advance Hydrogen Infrastructure for Industrial Customers
Zurich, 5 September 2024Â - H2 Energy Europe AG, a developer of large-scale green hydrogen ecosystems, and ONTRAS Gastransport GmbH (ONTRAS), a German transmission system operator (TSO), have signed...
New Underground Wells Could Store Carbon Dioxide Pollution for Microsoft and Amazon
A major project to capture and store carbon dioxide pollution for companies including Microsoft and Amazon just took a significant step forward — the Environmental Protection Agency (EPA) issued dr...
Hycamite Opens Europe’s Largest Methane-splitting Plant for Low-carbon Hydrogen Production
Today, Hycamite TCD Technologies, a leader in emissions-free methane-splitting technology, opens Europe’s largest methane-splitting plant in Kokkola, Finland. Once fully operational, the nominal ca...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.