American Superconductor (AMSC) & Hyundai Heavy Industries announced today that they have expanded their existing joint venture relationship to include the collaboration on a 5MW wind turbine for use in offshore wind farms. Once HHI begins production near the end of next year, they will purchase the necessary electrical components from AMSC.
AMSC already licenses wind turbine designs to HHI for the 1.65MW and 2MW systems. The 1.65MW systems are currently in volume production and … Read the rest
American Superconductor (AMSC) is up a bit in pre-market trading today after announcing it has received another follow on order for 30 sets of wind turbine power electronic components from South Korea’s Hyundai Heavy Industries who will use the components in the AMSC designed 1.65MW wind turbines. All shipments to Hyundai for this order are expected by June 30.
Hyundai licenses AMSC designs (beginning in 2008) and is allowed to market and sell wind turbines … Read the rest
American Superconductor (AMSC) has received an initial order for 17 sets of electrical systems for wind turbines from Hyundai Heavy Industries. South Korea based HHI is the country’s largest shipbuilder and is looking to tap into the wind energy business by partnering with AMSC. The company has licenses for AMSC’s 1.65 and 2MW wind turbine designs and plans to use the electrical components purchased today for use in the 1.65MW doubly fed induction turbines.
Said … Read the rest
American Superconductor (AMSC) announced that it has licensed two of its wind turbine designs, the 1.65 MW and 2MW doubly fed induction versions, to South Korea’s Hyundai Heavy Industries, the world’s largest shipbuilder and global supplier of electrical equipment. Hyundai plans to begin production on the turbines at the end of 2009 and will initially target the US market.
“Hyundai Heavy Industries is one of the largest manufacturers of high quality, large-scale electro-mechanical equipment … Read the rest