Scottish small wind co Gaia-Wind forecasts growth in Japan - report

Gaia-Wind turbine. Source: Gaia-Wind. License: All Rights Reserved.

January 18 (SeeNews) - Scottish small wind turbine maker Gaia-Wind Ltd expects to sell more than 100 machines in Japan in 2016, chief executive Johnnie Andringa told The National.

The company hopes to double that amount per year in time. Gaia-Wind has sold its first devices in Japan only weeks after setting up a subsidiary there, according to the article. It already has two turbines in the country and a contract for another eight.

Andringa said that Japan had the most attractive feed-in tariff (FiT) worldwide and that the company's local reselling partners were preparing to help deliver the shift from nuclear to renewable energy after the 2011 disaster. YBM Japan Inc will be selling and distributing Gaia-Wind's GW133 turbines.

The Scottish company plans to cut its exposure to the domestic UK market to some 15% of its total sales after the changes to the local subsidy mechanisms, the CEO told the paper, adding that its export strategy would not only protect but create jobs.   

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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