For the development of sustainable energy in Japan, GE Renewable Energy and Toshiba Energy Systems and Solutions Corporation have signed a strategic partnership agreement. The companies will localize critical phases of the manufacturing process of GEs Haliade-X offshore wind turbine and to support its commercialization in Japan.
- Based on the long-lasting relationship between GE and Toshiba in Japan and beyond, this strategic agreement will help GEs offshore wind technology to be more competitive in upcoming auctions in Japan
- The two companies said that they will leverage their collective technology, manufacturing facilities and skills, construction, operation, and maintenance expertise as part of the agreement.
- Toshiba brings local manufacturing capabilities, a highly skilled workforce, strong energy domain expertise including in wind power, and an in-depth knowledge of the Japanese offshore market.
The prominent partnerships and deals by Toshiba are mentioned below:
March 2021: With an aims to expand radar-based security solutions business, Toshiba Infrastructure Systems & Solutions Corporation, a Toshiba Group company has announced a strategic business alliance with Fortem Technologies, Inc. and also invested USD 15 million in the company.
June 2020: Toshiba JSW Power System Pvt. Ltd. (TJPS) is a joint venture between Toshiba Corporation, Japan (Toshiba) and JSW Group, India (JSW) had pledged USD 752,000 to the Uttar Pradesh government in India to support the fight against COVID-19.
June 2020: Toshiba Corporation and its group companies and Hitachi, Ltd. and its group companies, joined in the establishment of Asahikawa Factory to start its operation early. Fujirebio Inc., a wholly-owned subsidiary of Miraca Holdings Inc., to establish a new production base Fujirebio Asahikawa Factory in Asahikawa City, Hokkaido, for the ESPLINE® series rapid diagnostic kit.
May 2020: SBS Holdings, Inc and Toshiba Corporation had signed a share purchase agreement for the transfer to SBSHD of 66.6% of Toshibas holding in Toshiba Logistics Corporation, Toshibas consolidated subsidiary in the logistics services business. The companies expect to complete necessary procedures and close the transaction in October 2020.
April 2020: Toshiba Energy Systems & Solutions Corporation had received an order for two units of an approximately 14 MW hydro turbines and a control system from the Toyota Tsusho Corporation, the main contractor in a project to rehabilitate the Sedawgyi Hydropower Plant being undertaken by the Myanmar Ministry of Electricity and Energy-affiliated Electric Power Generation Enterprise.
About Toshiba Corporation
Toshiba Corporation is global company headquartered in Tokyo, Japan. Toshiba Corporation is one of Japan’s oldest and largest producers of consumer and industrial electric and electronic products. The company has a workforce of nearly 200,000 in 30 countries around the globe. The company also provides services in information technology, communications equipment, industrial motors, electric power equipment and home appliances.
About GE Renewable Energy
GE Renewable Energy is world leader in renewable energy industry. It is division of of General Electric company headquartered in Paris, France. GE Renewable Energy offers onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services. GE Renewable Energy has installed more than 400 gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. GE Renewable Energy has nearly 40,000 employees present in more than 80 countries.