Envision expects to deliver 6.3GW wind turbines this year

Envision expects to deliver 6.3GW wind turbines this year

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Envision is expected to deliver a total of 6.3GW in orders in 2019, a YoY increase of 47%, which equates to a 42% growth in total expected sales at RMB 23 billion.

According to financial reports audited by Deloitte, order intake of Envision reached RMB 6 billion in the first half of the year, with turbine delivery increased by 40% and profits by 45%. In terms of capacity, Envison’s delivered turbines amounted to 4.18GW in 2018, according to the China Wind Energy Association. It is estimated that Envision has thus far 18GW of existing orders in process.