American Superconductor Corporation (AMSC) has announced that it has licensed several of its proprietary AMSC Windtec wind turbine designs to Beijing JINGCHENG New Energy Co., Ltd. (JCNE), a subsidiary of state-owned Beijing JINGCHENG Machinery Electric Holding Co., Ltd.
JCNE has been producing wind turbines since 2006 and now has a base of operations that is capable of producing 2,000MW annually. Under the terms of the contracts, AMSC has granted JCNE licenses to manufacture, market and sell AMSC Windtec 2MW, 3MW and 5MW full conversion wind turbine models as well as a 3 MW SuperGEAR™ wind turbine model. AMSC will receive upfront license fees for these wind turbine designs. JCNE also will purchase electrical control systems and core electrical components for each of the wind turbines covered under these licenses exclusively from AMSC. JCNE plans to begin producing 2MW and 3MW full conversion wind turbines in 2011 and the rest of the wind turbines in subsequent years.
JCNE has been producing wind turbines since 2006 and now has a base of operations that is capable of producing 2,000MW annually. Under the terms of the contracts, AMSC has granted JCNE licenses to manufacture, market and sell AMSC Windtec 2MW, 3MW and 5MW full conversion wind turbine models as well as a 3 MW SuperGEAR™ wind turbine model. AMSC will receive upfront license fees for these wind turbine designs. JCNE also will purchase electrical control systems and core electrical components for each of the wind turbines covered under these licenses exclusively from AMSC. JCNE plans to begin producing 2MW and 3MW full conversion wind turbines in 2011 and the rest of the wind turbines in subsequent years.
