American Superconductor Corp. (AMSC) has licensed several of its proprietary AMSC Windtec wind turbine designs to Beijing Jincheng New Energy Co. Ltd. (JCNE), a subsidiary of state-owned Beijing Jincheng Machinery Electric Holding Co. Ltd., which also owns Beijing Beizhong Steam Turbine Generator Co. Ltd. JCNE has been producing wind turbines since 2006 and now has a base of operations that is capable of producing 2,000 MW annually.
Under the terms of the contracts, AMSC has granted JCNE licenses to manufacture, market and sell AMSC Windtec 2 MW, 3 MW and 5 MW full-conversion wind turbine models, as well as a 3 MW SuperGEAR wind turbine model. AMSC will receive up-front license fees for these wind turbine designs.
CNE also will purchase electrical control systems and core electrical components for each of the wind turbines covered under these licenses exclusively from AMSC. JCNE plans to begin producing 2 MW and 3 MW full-conversion wind turbines in 2011 and the rest of the wind turbines in subsequent years.
SOURCE: American Superconductor Corp.