Devens, Mass.-based American Superconductor Corp. (AMSC) and South Korea-based Hyundai Heavy Industries Co. Ltd. (HHI) have expanded their strategic alliance to include the joint development of a 5 MW full-conversion wind turbine primarily for use in the offshore wind industry.
Under the terms of the alliance, the 5 MW wind turbine design will be jointly developed by HHI and AMSC's wholly owned AMSC Windtec subsidiary. Once HHI begins volume production of the wind turbines, which is expected to begin by the end of 2011, HHI will purchase power electronic components for the 5 MW wind turbines from AMSC.
‘While we expect our 1.65 MW and 2 MW wind turbines to be our onshore workhorses, the global offshore wind market holds tremendous growth potential for HHI,’ says Keh-Sik Min, chairman and CEO of HHI.
Under the terms of the new development contract, HHI will have the ability to market, manufacture and sell 5 MW wind turbines globally.
SOURCE: American Superconductor Corp.