Envision Energy seeks its next green breakthrough
The number of energy companies committed to a green-power transition continues to grow. Some pioneers remain at the leading edge, and Fortune recognized three of them on the 2024 Change the World list.
Among those companies is Envision Energy, headquartered in Shanghai. Envision is a top maker of wind turbines and energy storage systems in China. One of its latest marquee projects: a massive energy facility in Inner Mongolia designed both to run on renewable energy and to manufacture green fuels. The plant in Chifeng City aims by the end of 2024 to produce 300,000 metric tons of ammonia—a fuel that can be burned without creating carbon emissions—using only green electricity to create it.
Climate scientists hope that the widespread adoption of such fuels could eventually have a meaningful impact on reducing global CO2 emissions. Envision’s goal is for the Chifeng City facility to eventually produce 1.5 million metric tons annually.
