Vertical Axis Wind Technologies is dedicated to developing a new innovative technology for first vertical axis wind turbine (VAWT) in large scale (over 500kW) which is substantially more effective in energy production terms compared to currently widely used technology of horizontal axis wind turbines and at the same time is durable and reliable. The concept has been heavily tested using computational fluid dynamics models (over 4500 simulations) and proves to work meeting expectations and assumptions. Lab scale model has been developed and sub-scale model is due to be completed by the end of 2018. The analyses and simulations confirmed 30% more energy production per year compared to similar horizontal axis wind turbine under same wind conditions. Investment and operational costs reduced compared to horizontal axis wind turbines. Social and environmental impact highly reduced. The technology is patent pending and has been already awarded "Polish investments of the future" first prize by the Polish Ministry of Investment and Economic Development.