ENVISION-ENERGY
3.5.2016 10:01:57 CEST | Business Wire | Press release
Envision, one of the world’s leading renewable energy and technology companies, today announced the acquisition of Norway-based BazeField technology in a partnership that will drive both companies forward in the digital energy revolution.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160503005810/en/
The partnership with BazeField is a continuation of Envision’s commitment to cooperate with the best companies around the world to develop solutions to meet global energy and climate challenges, and enable the necessary transition to a low-carbon global economy.
“BazeField is at the cutting edge of renewable energy system management technology,” said Felix Zhang, Envision executive director. “The acquisition will provide the resources and support for BazeField to further develop its state-of-the-art technology, and provide better products and services to its global clients. The synergies and complementary technologies between Envision and BazeField will create a partnership that will drive forward growth and innovation for both companies.”
According to Zhang, the digital energy technology market is at an early stage of development, fragmented and geographically diverse. “At this stage of the market’s development, innovation and growth requires more partnerships and greater cooperation,” he said. “The new relationship between Envision and BazeField will play a key part in achieving those goals and pushing the market forward.”
BazeField will continue to operate independently under the agreement. “The independence of BazeField is important for the success of this partnership,” Zhang said. “With Bazefield operating independently, customers will have more choice and BazeField will have the autonomy it needs to continue its development efforts.”
“We decided we would need a partner to grow with,” said BazeField CEO Sigurd Juvik. “Envision is the right partner for us. The companies have a similar vision for smart energy technology and the partnership offers us the resources and industry insights that will accelerate our product development and entry into new market regions. We have confidence in our technology. Moving forward with Envision Energy is an endorsement of that, and a massive vote of confidence.”
Zhang pointed out that the world is rapidly moving to a future energy system that is completely different from today’s. “This energy future will rely on society and business being able to run an energy system in which digitalisation means greater control and improved efficiency at every juncture,” Zhang said. “Envision Energy and BazeField are at the forefront of this transition, using software to maximise the efficiency of every piece of hardware they help to operate. The global market is undergoing a fundamental paradigm shift and global cooperation is a must.”
After the acquisition is complete, customers will be able to use the same technology platforms they have chosen from Envision or BazeField, but with added innovation and potential. Juvik said, “The combination of BazeField and Envision Energy will accelerate investment in BazeField’s technology, increase both companies’ rate of growth and geographic expansion, and increase employment and investment in Norway and Europe, all of which will help us overcome the challenges we face today in energy and the environment.”
About Envision Energy
Envision Energy (www.envision-energy.com ) is one of the world's largest smart energy management companies and among the eight largest turbine companies in the world with more than 7.5 GW of Envision smart wind turbines in operation. Envision's Energy OS platform is used to manage more than 50 GW of renewable energy assets, including charging stations and energy consumption devices worldwide. Envision has regional offices across Asia, Europe, North and South America and has established global R&D and engineering centers in Denmark, Germany and the United States.
About BazeField
Baze Technology is a software company headquartered in Norway. It’s industry leading product, BazeField Wind, is a turbine independent Wind Farm Management System (WFMS) that provides tools for real-time monitoring, reporting, availability planning, stop and loss analysis and fact-based decision making. BazeField’s Wind Farm Management System includes turnkey interfaces such as: turbine SCADA, grid, met, forecasts, trading systems etc. It also includes a suite of monitoring, analysis and operations management applications, KPI's measurements and reports needed for support in O&M of wind farms.
Envision Energy/BazeField
Transaction Summary
Purpose of the deal
With the partnership with BazeField, Envision Energy continues to cooperate with the best companies around the world to develop solutions to meet the global energy and climate challenges.
Envision Energy
Founded: 2007
HQ: Registered in Hong Kong
Employees: More than 1,000 renewable energy and software development professionals working in 12 countries.
Market position in global renewables energy and technology market:
- Second largest wind turbine company in China
- A top-10 wind turbine technology provider in the world
- Developed a leading lifecycle management system that features smart sensor networks and cloud-based IT infrastructure designed to create smart wind farms
- Largest smart energy management company in the world, currently managing more than 50 million kilowatts of global alternative energy assets
- Largest offshore turbine supplier in China
- Current markets: China, UK, Mexico, Chile, Denmark (R&D), Germany (R&D), US (R&D, System Management)
Products/Services
Wind turbines and systems
Solar power software systems
Smart energy management technology
Many other digital energy solutions
Executives
Zhang Lei - Chief Executive Officer
Felix Zhang - Executive Director
Tim Naylor - Head of Software Sales in Europe
Tim Hertel - Head of Software Sales in North America
John Childs - Head of Turbine Business Development for Europe Middle East & Africa
Michael Friedrich - Chief System Engineer
Mathias Mier - Director of Technology & Quality
Markets
Envision in North America/South America – Aerodynamics R&D, global digital energy centre and innovation lab, Envision Ventures
Envision in Europe – 1 global innovation centres
Envision in APAC – Global manufacturing, R&D, international project CoE business operations and smart energy software R&D
BazeField
Founded: 2007 as a spin-off from CARDIAC AS
HQ: Porsgrunn, Norway
Products/Services
BazeField Wind is a turbine independent Wind Farm Management System (WFMS) that provides tools for real-time monitoring, reporting, availability planning, stop and loss analysis, and fact-based decision-making. Approximately 7 GW of installed wind power capacity are managed on a daily basis.
Executives
Sigurd J. Juvik – Chief Executive Officer
Tor-Egil Tinderholt – Chief Financial Officer/Chief Operating Officer
Thorstein Rinker – Vice President Business Development
John Båserud – Chief Technology Officer
View source version on businesswire.com: http://www.businesswire.com/news/home/20160503005810/en/
Contact:
For Envision Energy:
UK
Stephanie Bailey, +44
(0) 208 618 2809
Press office
Stephanie.bailey@fhflondon.co.uk
or
Norway
Rune
Mørck Wergeland, +47 913 88 914
Press office
rmw@wask.no
or
Brussels
Alexandria
Hicks, +32 470 904 333
Press office
alexandria.hicks@fleishmaneurope.com
or
San
Francisco
Yang Stratton, 650-564-5036
yang.stratton@envision-energy.com
or
Houston
-
Joe Brettell, +1713-513-9511
Press office
joe.brettell@fleishman.com
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IFF Declares Dividend for Third Quarter 202628.7.2026 22:15:00 CEST | Press release
IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on October 9, 2026 to shareholders of record as of September 18, 2026. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, and health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing wellness, delighting the senses and enhancing the human experience.Learn more at iff.com, LinkedIn, Instagram and Facebook. © 2026 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved. View source version on businesswire.com: https://www.businesswire.com/news/home/20260728319763/en/
Logitech Announces Q1 Fiscal Year 2027 Results28.7.2026 22:06:00 CEST | Press release
Strong First Quarter Marks Tenth Consecutive Quarter of Growth SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2027. Sales were $1.23 billion, up 7 percent in US dollars and 5 percent in constant currency, compared to Q1 of the prior year. GAAP gross margin was 49.5 percent, up 780 basis points, compared to Q1 of the prior year. Non-GAAP gross margin was 49.8 percent, up 770 basis points, compared to Q1 of the prior year. These numbers include $61 million in tariff refunds. GAAP operating income was $259 million, up 60 percent, compared to Q1 of the prior year. Non-GAAP operating income was $290 million, up 44 percent, compared to Q1 of the prior year. These numbers include $61 million in tariff refunds. GAAP earnings per share (EPS) was $1.63, up 66 percent compared to Q1 of the prior year. Non-GAAP EPS was $1.85, up 47 percent compared to Q1 of the
Nexo Reaffirms EU Compliance28.7.2026 16:00:00 CEST | Press release
The digital assets wealth platform announces sustained operations across the European Economic Area in the MiCA era Nexo, a leading digital assets wealth platform, today reaffirmed product compliance across the European Economic Area (EEA), achieved ahead of MiCAR’s entry into force. The company operates with a local setup through two MiCAR-licensed partners bringing technical depth and operational maturity to Nexo's client-facing platform in the region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260728038475/en/ Nexo's setup pairs its global wealth platform with dedicated, licensed European infrastructure — splitting custody and brokerage across two regulated partners: Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets. Meanwhile, DLT Finance, licensed under MiCAR and authorized under MiFID II, provides brokerage infrastructure for digital assets and financial instrumen
Estée Lauder Announces New Fragrance, Glimmer, with Global Campaign Starring Hailee Steinfeld28.7.2026 16:00:00 CEST | Press release
Today, Estée Lauder announces the launch of Glimmer, a new prestige fragrance created for a new generation of consumers. An amber floral fragrance with a gourmand twist, Glimmer transforms the power of everyday "glimmers” - small moments of joy, hope, and connection - into a sensorial fragrance experience designed to inspire optimism, foster community, and leave a lasting impression. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260727469772/en/ Hailee Steinfeld stars as the face of Glimmer Acclaimed actress and singer Hailee Steinfeld stars as the face of Glimmer. Rooted in the belief that one spark can ignite many, the campaign positions Hailee and her singing voice as catalysts for the joy, optimism, and connection that are at the heart of Glimmer. “Hailee is the embodiment of what Glimmer represents; she is confident, has a contagious sense of joy, and understands the power of connecting with her community,” said Justin
Interactive Brokers Opens AI Connectivity to Any Tool Built on the MCP Standard28.7.2026 16:00:00 CEST | Press release
Clients can now connect their accounts to the AI tools they already use, built on the open Model Context Protocol standard Interactive Brokers (Nasdaq: IBKR), an automated global broker, today announced that clients can now connect their accounts to nearly any AI tool they already use. Previously limited to the certified marketplaces for ChatGPT, Claude, and Grok, clients can now also connect from a growing range of tools that support the Model Context Protocol (MCP), including Claude Code, Cursor, Perplexity, and Windsurf. MCP has become the common standard for connecting AI applications to outside services. Interactive Brokers' AI Integration has been built on MCP since launch, and clients can now connect from any MCP-compatible tool in addition to the certified marketplaces. “Interactive Brokers has long offered open APIs that let clients connect their accounts to the tools and systems they choose,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Supporting AI too
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom