Xantrex Receives Tall Order For Wind Converters

NAW Staff, Tuesday 15 May 2007 - 10:41:00

Vancouver, British Columbia-headquartered Xantrex Technology Inc. has signed a three-year supply agreement with a North American wind turbine manufacturer for its wind converters, which convert and control variable power from wind turbine generators into AC power for a utility grid. In addition, the manufacturer has placed an initial order for Xantrex's wind converters worth $12 million to be delivered this year.

"This contract and purchase order builds on our substantial wind business from 2006 and secures our long-term participation in the growth of wind power, which is part of our renewable power business and our primary growth market," says Mossadiq S. Umedaly, Xantrex's chair.


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