ABB_id2059
in News Departments > New & Noteworthy
print the content item

Devens, Mass.-based American Superconductor Corp. (AMSC) has received a $450 million order from Beijing-based Sinovel Wind Corp. Ltd. for core electrical components for 1.5 MW wind turbines. The contract calls for shipments to begin in January 2009 and increase in amount year-over-year through the contract's completion in December 2011.

"Sinovel is the epitome of business success in China and is one of the fastest-growing wind turbine manufacturers in the world," says Greg Yurek, founder and CEO of AMSC. "The core electrical components covered under this contract will be used to support more than 10 GW of wind power capacity, nearly double China's total wind power installed base at the end of 2007."

SOURCE: American Superconductor Corp.


Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015