$40 million order for AMSC
FreeDigitalPhotos.net
Power grid and wind energy equipment manufacturer AMSC said Monday it has received a $40 million order from Inox Wind Limited for wind turbine electrical control systems (ECS).
The Devens-based company, formerly known as American Superconductor, expects to begin shipments under the new order during the current second quarter of fiscal 2015 and to complete the vast majority of shipments by the end of fiscal year 2015, which is March 31, 2016.
Inox Wind Limited is part of the Inox Group of India.
"This latest order from Inox demonstrates the strong growth in its business. We expect to complete deliveries under this order in approximately half the time of the previous order," Daniel McGahn, president and CEO of AMSC, said in a statement.
AMSC’s ECS are a suite of electronics systems that serve as the “brains” of the wind turbine to control power flow, voltage, pitch of the blades and other tasks that maximize efficiency.
“By using AMSC's sophisticated technology and design, we produce wind turbines with a highly competitive cost of energy," Inox Wind Limited director Devansh Jain said in the statement from AMSC.
WBJ Web Partners
Most Recent
Most Recent
0 Comments