Spanish giant Gamesa Eólica gains foothold in Japan

Spain's dominant turbine maker, Gamesa Eólica, has found a foothold in Japan via an agreement with Toshiba Engineering Corp. As part of the deal, Toshiba agrees to buy Gamesa Eólica turbines for its own developments in Japan. As well as receiving trading rights over Gamesa technology, Toshiba can make Gamesa Eólica towers and carry out wind plant installation and maintenance. Gamesa Eólica expects to sell 200 MW in Japan by 2005, aiming to corner 6.1% of the market.