In this report, a novel magnetic levitated bearing suitable for Vertical Axis Wind Turbines (VAWT) is introduced, fabricated and tested. The bearing system generates a magnetic force, which can support the weight of the wind turbine rotor. A Finite Element Method (FEM) simulation shows how low the torque of this bearing is. A small scale prototype model of this novel magnetic levitated bearing system was constructed and tested successfully. The test results show how low the torque of this novel bearing is.