American Superconductor (AMSC) & Shenyang Blower Works Partner For Wind Turbine Development In China

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10:21:36 am on November 18, 2008

AMSC and leading Chinese industrial equipment manufacturer Shenyang Blower Works announced today a partnership that will position SBW as a leading supplier of wind turbines for the China marketplace.  AMSC will provide designs for its 2MW induction wind turbines, help localize the supply of all core components, establish the wind turbine manufacturing line and build and test SBW’s first prototype turbines.  Sounds like a great deal for SBW!  Once SBW receives certification, they will manufacture and sell the turbines themselves.  Their strong ties to all of China’s five state owned electric utilities position them to capitalize quickly on the rapid growth of the China wind industry.

“After conducting an extensive search among competing firms, we selected AMSC because of its superior wind turbine designs, its extensive experience in China and its broad level of support. In addition to manufacturing complete wind turbine systems, we plan to be highly vertically integrated, which will enable us to scale production faster and offer our wind turbines at very competitive prices. By integrating our company’s experience with AMSC’s unique capabilities, we plan to become a major participant in China’s growing wind power market.”

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