American Superconductor Corporation (AMSC) has announced its recent successes in the wind power and power grid markets, including nearly US$ 100 million in new contracts since the start of the company’s fiscal year on April 1, 2011.
Within its Wind segment, AMSC signed contracts with wind turbine manufacturers in China, India, Korea and Taiwan. In China AMSC signed a new multi-year contract to deliver wind turbine electrical control systems (ECS) to Beijing JINGCHENG New Energy Co., Ltd. (JCNE). Shipments under this contract are expected to begin in late calendar year 2011 and conclude early in calendar year 2014. In India AMSC signed a new contract to deliver wind turbine ECS to Inox Wind Limited. Shipments under this order are expected to begin in late calendar year 2011 and conclude in 2012. In South Korea: AMSC signed new contracts to provide wind turbine core electrical components to Hyundai Heavy Industries (HHI) in calendar year 2011.
Within its Wind segment, AMSC signed contracts with wind turbine manufacturers in China, India, Korea and Taiwan. In China AMSC signed a new multi-year contract to deliver wind turbine electrical control systems (ECS) to Beijing JINGCHENG New Energy Co., Ltd. (JCNE). Shipments under this contract are expected to begin in late calendar year 2011 and conclude early in calendar year 2014. In India AMSC signed a new contract to deliver wind turbine ECS to Inox Wind Limited. Shipments under this order are expected to begin in late calendar year 2011 and conclude in 2012. In South Korea: AMSC signed new contracts to provide wind turbine core electrical components to Hyundai Heavy Industries (HHI) in calendar year 2011.
