GE is in advanced talks over an offshore wind tie-up with Toshiba that would cover Japan and other Asian markets, according to reports from Tokyo.

The US group – whose GE Renewable Energy unit is among the world leaders in offshore turbine technology – and Japanese conglomerate could reach an agreement to work together in the sector as soon as next month, said Japan’s Kyodo news agency and Nikkei, citing unidentified sources with knowledge of the matter.