American Superconductor receives $18 million order

American Superconductor Corp. said today that it has received an $18 million order for wind-turbine electrical systems and components from Beijing-based Sinovel Wind Corp.

American Superconductor, which is located at the former Fort Devens military base in Central Massachusetts, will deliver the products over the next 15 months. The parts will be installed in three-megawatt turbines that have been developed by American Superconductor's wind-power subsidiary.

American Superconductor shares rose $1.23, or 5.1 percent, to $25.20 in morning trading on the Nasdaq Stock Market. (AP)