AMSC Receives Additional Order From CSR-ZELRI

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Devens, Mass.-based American Superconductor Corp. (AMSC) has received an additional follow-on order for $10 million worth of wind turbine core electrical components from China's CSR Zhuzhou Electric Locomotive Research Institute Co. Ltd. (CSR-ZELRI).

CSR-ZELRI is a subsidiary of China South Locomotive & Rolling Stock Corp., a railway equipment and associated power systems manufacturer. CSR-ZELRI will use the components in the 1.65 MW wind turbines designed by AMSC's wholly owned AMSC Windtec subsidiary. AMSC expects to ship all of the core components to CSR-ZELRI by the end of this year.

CSR-ZELRI installed its first prototype wind turbine in November 2007, approximately 10 months after licensing AMSC Windtec's 1.65 MW doubly fed induction wind turbine design. The company entered series production of the turbines in mid-2008. This latest core component order is the fifth that AMSC has received from CSR-ZELRI and follows a $10 million order booked in November 2009.

CSR-ZELRI licensed AMSC Windtec's proprietary model WT1650 wind turbine designs under a contract signed in December 2006. Under the terms of the agreement, CSR-ZELRI has the rights to manufacture, use and sell the 1.65 MW wind energy system in China.

Windtec also provided training for CSR-ZELRI's staff, as well as project management services for the company's first two prototype units. Under the terms of the original license agreement, AMSC also received the right to provide CSR-ZELRI with core electrical components for all of its 1.65 MW wind turbines.

SOURCE: American Superconductor Corp.

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