The Green Transition Description Lei Zhang founded Envision Energy as a wind turbine manufacturer in 2007 By 2022, it had become the second largest wind turbine manufacture in China, and was increasingly selling its products abroad But Lei was also taking steps to address new challenges of the renewables transition In 2018, Envision purchased Nissan's battery company, AESC In 2020, it formed a new company called Envision Digital that was collaborating on a smart city project with Singapore And in 2022, Envision was about to launch the world's first net zero industrial zone in the Ordos in Inner Mongolia In a fast changing energy environment, was Lei making the right moves to position Envision to be ready for the future Session Preparation Please read the case and consider the following assignment questions What is the source of Envision's success to date Evaluate the Ordos project How does it fit with the smart city initiative in Singapore What is Lei's vision for the green energy transition Is he right Is climate change likely to affect your business in the near to medium future Has your business taken steps to mitigate climate related risk Is your business involved in discussions about current or future policies related to climate change Has your business set any specific carbon emissions goals or guidelines Yes No Not sure Has your business adopted a net zero target Yes No Not sure Any additional comments Is climate change likely to affect your business in the near to medium future Yes No Not sure Has your business taken steps to mitigate climate related risk Yes No Not sure Is your business involved in discussions about current or future policies related to climate change Yes No Not sure Has your business set any specific carbon emissions goals or guidelines Yes No Not sure Has your business adopted a net zero target Yes No Not sure Any additional comments

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The Green Transition Description Lei Zhang founded Envision Energy as a wind turbine manufacturer in 2007. By 2022, it had become the second largest wind

The Green Transition

Description

Lei Zhang founded Envision Energy as a wind turbine manufacturer in 2007. By 2022, it had become the second largest wind turbine manufacture in China, and was increasingly selling its products abroad. But Lei was also taking steps to address new challenges of the renewables transition. In 2018, Envision purchased Nissan's battery company, AESC. In 2020, it formed a new company called Envision Digital that was collaborating on a smart city project with Singapore. And in 2022, Envision was about to launch the world's first net-zero industrial zone in the Ordos in Inner Mongolia. In a fast-changing energy environment, was Lei making the right moves to position Envision to be ready for the future?

Session Preparation

Please read the case and consider the following assignment questions:

What is the source of Envision's success to date?
Evaluate the Ordos project. How does it fit with the smart city initiative in Singapore?
What is Lei's vision for the green energy transition? Is he right?
Is climate change likely to affect your business in the near-to-medium future?
Has your business taken steps to mitigate climate-related risk?
Is your business involved in discussions about current or future policies related to climate change?
Has your business set any specific carbon emissions goals or guidelines?