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August 17, 2010

AMSC Buys Stake In Turbine Blade Developer

American Superconductor Corp. of Devens has acquired a 25 percent ownership position in wind turbine blade manufacturer Blade Dynamics.

The 3-year-old British turbine firm builds blades with proprietary materials and structural characteristics designed to increase the efficiency and performance of very high-power turbines.

The Dow Chemical Co. also has a minority equity stake in Blade Dynamics.

AMSC said demand for turbines that can produce between 2 megawatts and 5 megawatts of power requires blade technology that reduces both weight and cost.

The company said it and Blade Dynamics are already working to optimize blades for AMSC's Windtec turbine designs.

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