American Superconductor (AMSC) Enters Power Market In Turkey

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06:01:20 am on August 7, 2008

AMSC licensed its proprietary WT1650 wind turbine design to Model Enerji Ltd., Turkey’s first megawatt-class wind turbine manufacturer.  Model Enerji has exclusive rights to manufacture, sell, install, operate and maintain the WT1650 in Turkey. 

“Because of its vast wind resources, open terrain and industrial infrastructure, Turkey is predicted to be among the world’s fastest growing wind energy markets,” said M. Celal Keki, General Manager of Model Enerji. “Our highly experienced management team has extensive expertise in Turkey’s energy industry. Utilizing AMSC Windtec’s designs and expertise, our company will be the first wind turbine manufacturer in Turkey and is ideally positioned to capitalize on this advancing market.”

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Read more on Investing in Turkey, American Superconductor, Wind Energy at Wikinvest
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