American Superconductor Corporation (AMSC) has announced that it has received a new multi-year order worth approximately US$ 445 million (excluding value added tax) from Sinovel Wind Group Co., Ltd.
Under the terms of the agreement, AMSC will begin shipping core
electrical components for Sinovel’s 1.5MW wind turbines (branded the
SL1500) in early 2011. Shipments under the new contract will span a
period of 30 months.