in News Departments > FYI
print the content item

Windtec, a subsidiary of American Superconductor Corp., has signed a contract with Sinovel Wind Corp. Ltd., a Beijing-headquartered manufacturer, to develop wind turbines.

Under the terms of the agreement, Windtec and Sinovel will design and jointly develop 3 MW and 5 MW wind turbines that Sinovel plans to market and sell worldwide. Sinovel will have the exclusive ownership and property rights for the large-scale onshore and offshore wind turbines that are developed under the contract, the companies add.

"We look forward to benefiting from our expanded relationship with Windtec as we continue to implement our plan to manufacture 500 wind energy systems in 2007, 800 in 2008 and reach an annual capacity of 1,000 wind energy systems in 2010," says Han Junliang, Sinovel's chairman and president.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015