AAER Inc. has announced that it has signed an agreement for the sale of a 1.65MW wind turbine to Hyundai Heavy Industries Co., Ltd. (HHI).
HHI recently licensed the 1.65MW wind turbine technology from AMSC
Windtec and the acquisition of this A-1650 turbine will enable them to
accelerate the development of their wind energy business. The A-1650
turbine will be shipped as separate components and is scheduled for
delivery in Korea during the second quarter of 2009. The contract
excludes the blades and tower which will be sourced directly by HHI.
