Next Step for $300 Toaster Maker May Be Foray Into Wind Power - BNN Bloomberg
Next Step for $300 Japanese Toaster Maker Balmuda May Be Foray Into Wind Power - Bloomberg
Next Step for $300 Toaster Maker May Be Foray Into Wind Power
- Balmuda to start trials of small wind power generators
- Company is known for making high-end household appliances
A Japanese boutique appliance maker has its eyes on a new challenge amid the energy transition trend: developing a small-scale wind power generator.
Balmuda Inc.— the manufacturer of products including a $300 toaster that has a cult following — said it will begin trials this fall of a small wind power generator it’s been developing. The company said it is seeking to expand into “making” electricity as well as “using” it, according to a statement Monday.
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Next Step for $300 Toaster Maker May Be Foray Into Wind Power
Related Knowledge Center: ENERGY BASICS: wind
Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent.