SKF signs Strategic Partnership Agreement with Envision Energy

2014 May 22, 14:00 CEST

SKF has signed a Strategic Partnership Agreement (SPA) with Envision Energy, a leading global provider of wind turbines. The partnership strengthens an ongoing and highly successful cooperation established during recent years, which has been focusing on bringing reliable, high performance wind turbines to the market.

“SKF has a close development cooperation with Envision Energy,” says Sunny Chan, Head of Renewable Energy, SKF China. “The Strategic Partnership agreement acknowledges our ongoing relationship and further strengthens the close cooperation between both companies, which focus on providing environmental and sustainable energy solutions.”

Envision Energy was founded in 2007 and is one of the most rapidly expanding companies in the wind industry and among the top five leading wind turbine manufacturers in China. Envision provides Smart Wind software and Smart turbine, by integrating advanced sensor technology, machine learning and sophisticated control technology into the turbines as well as offering big data analytics.

“From the beginning, SKF has been Envision Energy’s major supplier, and we applied each other’s core competence to assist both parties to reach their business innovation objectives.” says Alex Sun, Head of Strategy and Business Development, Envision Energy. Envision Energy has developed close relationship with SKF for the supply of bearings and cross-platform solutions incorporating sealing solutions and lubricants, as well as technical cooperation.

The SPA was signed between Envision and SKF at a ceremony in Shanghai during March 2014.


Aktiebolaget SKF
     (publ)

For further information, please contact:
Press Relations: Nia Kihlström, +46 31-337 2897; +46 706 67 28 97; nia.kihlstrom@skf.com


SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2013 were SEK 63,597 million and the number of employees was 48,401. www.skf.com

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