AMSC Receives $15 Million Follow-Up Order From Inox Wind

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Massachusetts-based AMSC has received a $15 million follow-up order for wind turbine electrical control systems (ECS) from India-based Inox Wind Ltd.

AMSC expects the majority of shipments under this contract to occur during fiscal year 2015. This is the seventh order that AMSC has received from Inox since the latter company began volume production of its 2 MW wind turbines, which were licensed from AMSC in May 2009.

‘Together with AMSC's wind turbine design expertise and smart electrical control systems, Inox is delivering wind turbines with some of the highest availability, reliably and power in India,’ says Devansh Jain, director of Inox Wind Ltd.

AMSC says its ECS are an integrated suite of power electronics systems that include the wind turbine power converter cabinet, internal power supply and various controls. Together, the company adds, these systems serve as the ‘brains’ of the wind turbine and control power flows, regulate voltage, monitor system performance, and determine the pitch of the blades.

‘The effects of this most recent order from Inox are to extend our existing backlog and provide us greater visibility into fiscal 2015 revenues,’ says Daniel P. McGahn, president and CEO of AMSC. ‘Inox continues to execute on its ambitious growth plan and its planned [initial public offering] later this year is expected to provide the capital needed to continue on its path of being a major player in the Indian wind market.’

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