On September 2, the College of Engineering and Envision Energy established the COE - Envision Research Institute for Wind Energy Technology at Peking University.
Envision Energy is a leading wind turbine designer and manufacturer based in China backed by a European investment firm. Envision's core business is comprised of research and development, manufacturing, sales and maintenance of advanced-technology wind turbine generators (WTG).
"I wish to build a brand new Chinese company, a company that no longer relies on cheap labor or environment overdraft, but an intelligent enterprise that utilizes the wisdom of the Chinese people to win the high end of the international value chain," said Lei Zhang, the 35-year-old entrepreneur and president of Envision.
The College of Engineering has made great strides in its scientific research in the last six years. The College has undertaken over 605 research projects in various fields of engineering. The caliber of these projects represents the growing research abilities of the engineering school.
In order to promote technology transfer, COE has set up the Office of Industrial Partnership and Technology Transfer to seek the best mode for industrial cooperation.
“I hope that the cooperation with Envision will combine the College's research strengths with Envision’s industrial advantages in wind energy to better serve the community,” Said Dean Shiyi Chen.
Envision has experienced rapid growth since its 2007 inauguration - its sales revenue increased from 300 million RMB in 2008 to over 3 billion RMB in 2010. Envision's core management team consists of senior managers from McKinsey, Barclays Capital, Morgan Stanley, GE, GM and ITT. Currently, Envision has a development and operation center in Shanghai, a manufacturing and engineering base in Jiangyin, Jiangsu Province and a global innovation center in Aarhus, Denmark.
Dean Shiyi Chen
Envision President Lei Zhang