Toshiba has signed a memorandum of understanding with Unison that will see the Japanese company invest $36.5 million.
The deal will see the two companies cooperate on the development of wind turbine generators. Toshiba will also be given worldwide distribution rights for Unison’s generators.
Toshiba said the projected worldwide growth of wind energy up until 2020 prompted its decision to enter the wind industry.
Regulatory approval is required before the deal can proceed.
Although Toshiba has interests in renewables companies, much of its energy activity has been based around nuclear power.
The Unison deal is Toshiba’s first step into the wind sector. In 2002, Toshiba linked up with Gamesa to buy the Spanish manufacturers turbines and manufacture its towers.
In 2006, Gamesa supplied Toshiba Plant Systems with 10 G80 2MW wind turbines to be installed at Kashima, Ibaraki Prefecture, north-east of Tokyo. And in 2003, Toshiba also designed a 400kv vertical axis turbine, dubbed Wind Flower.
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