AMSC China Established

Energy technology company, American Superconductor Corporation, announced yesterday that it has formed AMSC China, a new division to serve the growing wind energy, power grid and industrial markets in China.

AMSC China, which currently employs 25 Chinese citizens, is expected to enable AMSC to better serve its local customers while also reducing costs.

“With its rapidly growing economy and increasing energy demands, China has become a key target market for AMSC in recent years,” said Greg Yurek, founder and chief executive officer of AMSC.

“By serving these markets locally, we believe we will foster stronger ties with our current customers and more rapidly develop new customers in the region. We also expect to be able to reduce costs for standard products…by locally sourcing, assembling and testing certain non-proprietary components.”

AMSC has also reported that it has received an initial order for wind turbine electrical systems from a second Chinese turbine manufacturer – Zhuzhou Electric Locomotive Research Institute (ZELRI). ZELRI will install these systems in the first 10 wind turbines rated at 1.65 megawatts (MW) it expects to produce under a license it purchased from AMSC’s Windtec division in January 2007.

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