June 28, 2007
DOE grid projects run by AMSC
By Matthew L. Brown
The U.S. Department of Energy will fund $21.7 million of two power grid modernization projects run by Westborough-based American Superconductor Corp.
The two high-temperature superconductor projects are in Long Island, New York and California.
The energy department has agreed to fund $9 million of the $18 million Long Island project, and $12.7 million of the $25 million California project. American Superconductor is the project manager, and will supply wire for both undertakings.
According to the energy department, the American Superconductor projects are two of five department-funded projects designed to accelerate the modernization of the country's electricity grid.
American Superconductor's high temperature cables and fault current limiters are able to handle far more power than copper cables.
The two high-temperature superconductor projects are in Long Island, New York and California.
The energy department has agreed to fund $9 million of the $18 million Long Island project, and $12.7 million of the $25 million California project. American Superconductor is the project manager, and will supply wire for both undertakings.
According to the energy department, the American Superconductor projects are two of five department-funded projects designed to accelerate the modernization of the country's electricity grid.
American Superconductor's high temperature cables and fault current limiters are able to handle far more power than copper cables.
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