American Superconductor gets $20m order

April 6, 2010 08:00 AM E-mail| |Comments ()| Text size +

American Superconductor Corp., a Devens company focused on energy technologies, said it has received an initial order for full wind turbine electrical control systems worth more than $20 million from Ghodawat Energy Pvt. Ltd., an Indian company that makes wind turbines.

"In India, wind power is projected to continue to account for an increasing percentage of the country’s energy mix," American Superconductor founder and chief executive Greg Yurek said in a statement. "Ghodawat is capitalizing on this opportunity by producing towers, developing wind farms and – now – manufacturing and deploying entire wind turbine systems. With its years of industry experience and proven wind turbine technology from AMSC (American Superconductor), we believe Ghodawat is positioned to be a winner in the market."

American Superconductor's press release said that the contract calls for the company to begin shipping the electrical control systems to Ghodawat in the middle of this year; shipments are expected to be completed by the end of calendar 2013 at the latest.

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