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November 17, 2009

AMSC Gets $10 Million Turbine Parts Order

Devens-based American Superconductor Corp. has received a $10 million order for wind turbine parts from a Chinese company.

AMSC will sell the core electrical components for wind turbines to China's CSR Zhuzhou Electric Locomotive Research Institute Co., which will produce 1.65 megawatt wind turbines that were designed by an AMSC subsidiary, AMSC Windtec.

The $10 million order marks AMSC's largest order that has been received from CSR-ZELRI, although the Chinese company has purchased about $20 million worth of products from AMSC since 2007.

The turbine parts AMSC is selling to CRS-ZELRI control the operations and power flows of the turbines.

China was estimated at the end of 2008 to have the fourth largest installed wind power capacity in the world with 12.2 gigawatts. By 2020, that is expected to exceed 200 gigawatts, according to Emerging Energy Research.

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