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Envision Energy International has inked a MoU with AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group. The MoU is in connection with wind turbine manufacturing for clean energy projects of AM Green in India and to join forces for green hydrogen projects.
The MOU was executed during the World Economic Forum’s Annual Summit in Davos, Switzerland.
AM Green and Envision will partner to produce, supply, and service wind turbines tailored to AM Green’s needs in India. AM Green plans to commit to a minimum of 2GW of capacity annually for the next three years, with the turbines generating energy for renewable green molecule production.
This collaboration is a key component of AM Green’s broader initiative to enhance the establishment of a reliable supply chain for affordable, top-tier wind turbines in India. AM Green strives to attain the utmost economically efficient 24×7 power supply for its green molecule plants nationwide.
Additionally, they will combine technical expertise to jointly formulate relevant green hydrogen industrial standards.
Mahesh Kolli, President, AM Green said, “This partnership is bringing together two industry specialists to harness their manufacturing strengths to create sustainable business ventures for the long term. We are excited about the opportunity ahead in global decarbonisation.”
Mr. Kane Xu, Global VP and Country President – India, at Envision added, “Envision is very pleased to partner with AM Green which is part of the Greenko Group, one of India’s leading renewable energy conglomerates. Both Envision and AM Green share a similar vision for global decarbonization. This exciting partnership will also provide cutting edge solutions to positively impact India’s aggressive net zero and green energy goals.”
