AMSC just announced that it will be expanding its strategic partnership with Sinovel. As part of the expanded partnership, the two companies will work together to develop new advanced, multi-megawatt-scale onshore and offshore wind turbine designs.
American Superconductor Corporation has just announced the signing of a multi-year agreement with Sinovel worth $445 million. Per the new 30-month contract, AMSC will begin shipping core turbine electrical components early next year, when the company’s current contract with Sinovel expires.
American Superconductor Corporation just announced that it has received $12 million in funding from the US Department of Energy. The funding comes from the American Recovery and Reinvestment Act and will fund smart-grid related projects. Here’s a breakdown:
$4.8 million to wrap up development of a three-phase 138 kilovolt (kV) fault current limiter (FCL) using the company’s 344 superconductors and low-inductance coil technology developed by Siemens.
$7.6 million to help complete phase II of AMSC’s … Read the rest
American Superconductor Corporation just announced that it has signed a supply agreement worth more than $10 million with ACCIONA Energy. ACCIONA has ordered enough Dynamic VAR Ride Through (D-VAR RT) solution to retrofit approximately 250 MW of first-generation wind turbines and make them comply with current regulatory standards in Spain that require wind turbines to have a stable connection to the power grid.
American Superconductor Corporation just announced that it has received an order for 80,000 meters of its 344 superconductor wire from a Korean company, LS Cable. LS Cable will use the wire to improve the power grid in the city of Seoul, South Korea. Under the agreement, AMSC will deliver the wire by the end of this year, and LS cable will use it to create a 50 MW superconductor cable system. The high capacity and … Read the rest
Shanghai Electric Cable Research and American Superconductor Corporation have expanded their strategic alliance, and Shanghai Electric Cable Research has just placed a new order for high temperature superconductor wire from AMSC. The wire will be used to develop a 30-meter long cable system, with AMSC providing consulting services to assist Shanghai Electric Cable Research.
In a company press release, AMSC Superconductors’ General Manager Dan McGahn commented on the expanded agreement:
American Superconductor Corporation just announced that it has received an order from Southern California Edison for its its pad-mounted Distribution Static VAR Compensator (“dSVC”) solution. Southern California Edison will use this product as part of its "Circuit of the Future" project.
Timothy Poor, AMSC’s Vice President of Global Sales and Business Development, commented on the order in a company press release:
“A spin-off from our larger-scale transmission SVC, our dSVC solution allows electric utilities … Read the rest
AMSC has announced that its subsidiary AMSC China has begun to ship electrical core components directly to its Chinese customers, including Sinovel. AMSC has been working with Sinovel since 2006 to supply China’s growing wind energy market. To date, more than 100 sets of electrical core components have been shipped to Sinovel, including the following (from an AMSC press release):
AMSC’s core electrical components include the company’s proprietary PowerModule(TM: 63.772, -2.188, -3.32%)
American Superconductor Corporation just announced that it will work with the Department of Energy to see if a 10-MW superconductor wind turbine would be economically feasible. Under the terms of the 12 month Cooperative Research and Development Agreement, AMSC will analyze the costs of developing a 10-MW superconductor wind turbine based on the same technology the company has previously deployed in ship propulsion motors and generators for the Navy. Then, the National Wind Technology … Read the rest
National Grid, the company that manages power in Long Island, New York, for American Superconductor Corporation’s D-VAR Statcom service. This Smart Grid service will help maintain the efficiency and reliability of Long Island’s electrical grid. Under the agreement, AMSC will install the D-VAR Statcom service for National Grid by 2010.
About the D-VAR Statcom service:
D-VAR dynamic reactive compensation systems are classified as Static Compensators, or “STATCOMs,” a member of the FACTS (Flexible AC-Transmission System)