GE to partner with Toshiba on Haliade-X production in Japan
The Haliade-X turbine in Rotterdam. Image by: Twitter @GErenewables.
GE Renewable Energy and Toshiba Energy Systems and Solutions Corp have teamed up on bringing GE's Haliade-X offshore wind turbine to the Japanese market.
In a joint statement today, the two said they have signed a strategic partnership agreement to localise part of the turbine manufacturing process and facilitate its commercialisation in Japan.
According to the companies, the deal will make GE's offshore wind turbine more competitive in upcoming Japanese auctions. Japan plans to award 10 GW of offshore wind capacity by 2030 with annual tenders of 1 GW, the pair noted. The country aims to install 30 GW-45 GW of offshore wind, including floating technology, by 2040.
Under the agreement, GE will provide the Haliade-X technology, as well as parts and components for nacelle assembly, and will support Toshiba in developing a local supply chain. Its Japanese partner will assemble, warehouse and transport Haliade-X nacelles. It will also provide preventative maintenance services and will have sales and commercial responsibilities for the Japanese market.
The partnership builds on a long-lasting relationship between General Electric (NYSE:GE) and Toshiba Corp (TYO:6502), bringing together Toshiba's local manufacturing capabilities and energy expertise with GE's powerful offshore wind technology.
"Through this strategic alliance, Toshiba will actively participate in offshore wind projects by supplying reliable products and contribute to the spread of renewable energy in Japan," said Toshiba Energy Systems and Solutions president and chief executive Mamoru Hatazawa.
Earlier this year, Japanese media reported that Toshiba and GE were planning an offshore wind equipment tie-up.