AMSC Receives Additional $20 M Order From China’s Sinoval Wind

American Superconductor Corporation (AMSC) announced that it has received an order for approximately $20 million in wind turbine electrical systems from Beijing-based Sinovel Wind Corporation Limited. The order calls for AMSC to ship approximately $20 million worth of customized power electronic systems to Sinovel for use in the company’s 1.5-megawatt (MW) wind energy systems.

The order follows a $70 million order received from Sinovel Wind in July and additional D-VAR orders for grid interconnection of domestic and international wind farms.

According to Greg Yurek, Founder and CEO of AMSC, the company is “also working closely with two additional customers in China to help them initiate production of wind turbines in order to meet China’s growing demand for zero-emission, wind generated electricity. We see strong potential to add a fourth Chinese customer this fiscal year and are working with other potential customers to expand our reach into other countries.”

The Global Wind Energy Council estimates that approximately 1,347 MW of wind generated electrical capacity was installed in all of China in 2006 and expects 8,000 MW of additional capacity to be added from 2007 through 2010. Worldwide wind power capacity is expected to more than double from 74 gigawatts (GW) at the end of 2006 to nearly 150 GW by the end of 2010.

Previous articleBiodiesel Production Trumps Medical Research
Next articleNaturener Expands Wind Energy Portfolio to 1,000 MW

No posts to display