Asia Tech Wire (Jan 24) -- Chinese wind turbine maker Envision Energy has partnered with India's AM Green for wind turbines and green hydrogen projects.

Envision Energy International and AM Green announced Wednesday that they signed a co-operation agreement during the World Economic Forum's Annual Summit in Davos, Switzerland.

AM Green and Envision will harness complementary capabilities to manufacture, supply and service wind turbines in India specific to AM Green's wind turbine requirements in the country.

And AM Green, through its customers, will look to commit to offtake of at least 2GW of capacity per year over the next three years. The wind turbines will supply energy to produce renewable green molecules.

The companies said they will also work jointly in development of green hydrogen projects and develop net zero industrial parks.

Set up by the founders of Hyderabad-based Greenko Group - Anil Chalamalasetty and Mahesh Kolli, AM Green aims to become one of the lowest cost producers of green hydrogen, green ammonia and other green molecules in the world.

Envision Energy parent Envision Group owns electric vehicle battery technology company AESC, formerly Envision AESC, which supplies batteries in North America to automakers such as BMW and Mercedes-Benz.