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May 17, 2010

$445M China Order For AMSC

American Superconductor Corp. said it has received a $445 million order from China's Sinoval Wind Group Co. Ltd., a wind turbine manufacturer.

The order calls for core electrical components for 1.5-megawatt turbines. The components will ship over the next 30 months and are in addition to a previous order from Sinoval that extends through early 2011.

AMSC, which is based in Devens, said it is also working with Sinoval on the development of 3 megawatt and 5 megawatt turbines.

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