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June 10, 2008 – Vol.13 No.12 American Superconductor Corporation (AMSC) Receives $450 Million Follow-On Order from China’s Sinovel Wind. The electrical components covered under this contract will be used to support more than 10 gigawatts of wind power capacity, nearly double China’s total wind power installed base at the end of 2007. China’s installed base of wind power capacity grew more than 130 percent in 2007 to approximately 6.1 gigawatts (GW). The China Wind Power Report 2007 – published jointly by the Global Wind Energy Council (GWEC), Greenpeace and the Chinese Renewable Energy Industry Association – predicts that figure could exceed 120 GW by 2020. AMSC will provide core electrical components for Sinovel’s 1.5 Megawatt wind turbines over three years. Those components include the company's proprietary PowerModule (tm) power converters which enable reliable, high-performance wind turbine operation by controlling power flows, regulating voltage, monitoring system performance and controlling the pitch of wind turbine blades to maximize efficiency.
The contract calls for shipments to begin in January 2009 and increase in amount year-over-year through the contract’s completion in December 2011. AMSC is an energy technologies company offering an array of solutions based on two proprietary technologies: programmable power electronic converters and high temperature superconductor (HTS) wires. (6/10/08)
Links: American Superconductor
Related: --- AMSC/TECO-Westinghouse Research Joint Venture Could Yield 10 Megawatt Offshore Wind Turbines.
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: Yes
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