Wind deal for AMSC

Energy technology company American Superconductor Corporation has received a multi-million dollar wind energy system development contract from Dongfang Steam Turbine Works Corporation.

Energy technology company American Superconductor Corporation has received its third multi-million dollar wind energy system development contract from a Chinese company in the past few months.

 

Under the terms of the contract, AMSC’s wholly owned Windtec subsidiary will develop a portfolio of 2.5MW wind energy systems for China’s Dongfang Steam Turbine Works Corporation (DTC).

 

In addition to development work, Windtec will provide project management during assembly and installation of the first prototype.

 

DTC plans to commence series production of its new 2.5MW systems by the end of 2009.