LM Glasfiber signs strategic deal with Envision

DENMARK: LM Glasfiber has signed a strategic cooperation agreement with Chinese manufacturer Envision to supply blades for around 2GW.

LM Glasfiber signs deal with Envision to supply blades for its 1.5MW turbine
LM Glasfiber signs deal with Envision to supply blades for its 1.5MW turbine

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The deal will see LM launch its fourth manufacturing facility in China near Envision’s own base, in Jiangyin. Production is due to start at the factory before the end of Q2.

Envision will be using LM’s 42.1 Globlade, which according to the company allows for an "annual increase of 4-5% over 40.3 blades". Envision employs around 400 people worldwide in China and at a Danish R&D facility.

Speaking about the deal LM VP sales and marketing Ian Telford said: "We are looking forward to our close cooperation with Envision which is a very professional and ambitious Chinese player.

With this agreement we further strengthen our foothold in China and secure our continued growth in this strategically important market. We again prove our leadership within rotor blade design as we bring the first series of GloBlades to the market.

Envision CEO Lei Zhang said: "LM Glasfiber's know-how, global footprint and long track record in the wind business will be a great asset to us as we expand our business in China and internationally."

Late last year LM signed a deal with Samsung for the supply of blades for Samsung's new 2.5 MW wind turbine.

The agreement comprises a firm blade supply contract of minimum 1,500 MW over the next five years. The blades will be delivered from LM Glasfiber’s facilities in the USA.

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