AMSC Gets $8M Order for 1.5 MW Wind Turbine Electrical Systems

American Superconductor Corporation’s wholly owned subsidiary, Windtec, has received a new order exceeding $8 million for 150 additional 1.5-megawatt (MW) wind energy electrical systems from Beijing-based Sinovel Wind Corporation Limited.

AMSC expects to ship all 150 electrical systems in its fiscal year ending March 2008. “Sinovel has quickly emerged as one of China’s largest and most respected wind energy companies,” said Greg Yurek, founder and chief executive officer of AMSC. “The relationship we have formed with Sinovel continues to expand as they aggressively ramp up manufacturing capacity of their 1.5 MW wind energy systems.” Since late 2005, Windtec has received orders from Sinovel for more than 900 sets of electrical systems for wind energy systems rated at 1.5 MW, representing more than 1,400 MW of wind generated electricity. AMSC’s wind energy electrical systems, based on its proprietary PowerModule power converter technology, provide high-performance wind turbine controls for customers such as Sinovel. “Over the course of only 18 months, we have received five substantial electrical system orders from Sinovel worth nearly $50 million. Our relationship also recently grew to encompass development work on the 3 and 5 MW wind energy systems they will begin manufacturing over the next few years,” said Yurek. The Global Wind Energy Council estimates that approximately 1,347 MW of wind capacity was installed in all of China in 2006. Sinovel expects to increase its output of 1.5 MW wind energy systems from 500 in 2007 to 800 units in 2008 and 1,000 in 2010.
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