July 24, 2007
$70 million summer breeze for AMSC
By Cory Hopkins
AMSC Windtec, a wholly-owned subsidiary of Westborough-based American Superconductor Corp., announced today that it has received a $70 million order for wind turbine electrical systems from Sinovel Wind Corporation Limited in Beijing.
Windtec will ship customized electrical systems to Sinovel in 2008 for use in that company's 1.5-megawatt wind energy systems, the company said.
Last year, Sinovel manufactured more than 100 1.5-megawatt wind energy systems.
The order is a follow up to a March contract signed between the two companies that will make AMSC the qualified electrical system supplier for Sinovel's future three-megawatt and five-megawatt wind energy systems.
"China's appetite for electricity continues to grow in parallel to its rapidly growing economy," said Greg Yurek, AMSC founder and CEO. "The Sinovel-AMSC team is addressing this challenge with state-of-the-art technology that will help meet this demand in an economical, environmentally friendly way."
Windtec will ship customized electrical systems to Sinovel in 2008 for use in that company's 1.5-megawatt wind energy systems, the company said.
Last year, Sinovel manufactured more than 100 1.5-megawatt wind energy systems.
The order is a follow up to a March contract signed between the two companies that will make AMSC the qualified electrical system supplier for Sinovel's future three-megawatt and five-megawatt wind energy systems.
"China's appetite for electricity continues to grow in parallel to its rapidly growing economy," said Greg Yurek, AMSC founder and CEO. "The Sinovel-AMSC team is addressing this challenge with state-of-the-art technology that will help meet this demand in an economical, environmentally friendly way."
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