The agreement will provide Tosmo with exclusive representation of WSTI’s products in Japan and also defines the framework for a collaborative relationship between the two companies with regard to distribution and ongoing technology development and manufacturing.
The patented SolarMill range consists of vertical axis turbines and solar panels, which are controlled by WSTI’s proprietary "smart" electronics. They are easily assembled and installed and are scalable, enabling customers to grow their particular installation to suit their energy demands. The products have been deployed in Japan for pilots and testing with the first full container of products becoming available in the country at the end of September. Additional shipments are scheduled for December 2014 and into 2015.
Japan has been making a nationwide effort to switch to renewable energy sources since the Fukushima nuclear disaster in 2011. Between 2012 and 2014, total power from renewable energy and distributed generation projects in the country escalated to around 6.9GW, a growth of more than 80 percent year over year. This was assisted by a generous Feed-in Tariff from the Japanese government and distributed energy solutions have now become a critical component for Japanese energy security and the economy.
“Tosmo has recently displayed the SolarMill at trade shows throughout Japan, including this year's Grand Renewable Energy Show in Tokyo to an overwhelmingly positive response” said Mr. Shigeo Ozawa, CEO of TOSMO Inc. “This is the right product at the right time for our marketplace.”
Tosmo specialises in energy efficient lighting and has designed and developed electronic control devices for power stations, medical devices, and automobile applications for over twenty years.
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