June 6, 2008
AMSC Licenses Turbine In Taiwan
Devens-based American Superconductor Corp. has licensed a proprietary wind turbine design to a Taiwan-based company.
AMSC said TECO Electric & Machinery Co. Ltd. will pay a multi-million dollar upfront fee, plus royalty payments for the turbines it produces. The Taiwanese company will begin manufacturing the 2 MW turbines in 2009 and sell them in Taiwan and mainland China.
TECO is the world's third largest motor manufacturer.
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