Windtec, a wholly owned subsidiary of Westborough, Mass.-headquartered American Superconductor Corporation, has sold a license for its 1.65 MW Model WT1650 wind energy system to Zhuzhou Electric Locomotive Research Institute (ZELRI), a division of China-Southern-Loric based in Hunan, China.
According to AMSC, ZELRI will pay an up-front fee of approximately $2 million to AMSC and a royalty payment for each WT1650 system installed, and AMSC will have right of first refusal to provide the electrical components for each WT1650 manufactured by ZELRI.
‘China needs more renewable energy sources to power generation to meet the needs of our rapidly growing, technology-driven society,’ says Du Jinsong, general manager of ZELRI's wind power business unit. ‘To achieve this goal, ZELRI aims to become a leading manufacturer of wind energy systems, and Windtec's services and electrical systems are integral to our success in the market. With Windtec's assistance, we plan to demonstrate our WT1650 prototypes late in 2007 and begin full-scale production of the units in 2008.’