AMSC will provide more than US$20 million worth of full wind turbine electrical control systems to Ghodawat Energy.
American Superconductor Corporation will begin shipping the electrical control systems to Ghodawat in the middle of calendar 2010. It will complete all shipments by the end of calendar 2013 at the latest.
Ghodawat is the sixth customer to place a volume production order for wind turbine power electronic components or systems with AMSC over the past 12 months.
"Pollution, greenhouse gas emissions and energy independence are growing, global concerns that are helping to drive the adoption of clean, renewable power," said Shrenik Ghodawat, Managing Director of Ghodawat Energy. "We are now beginning the production of wind turbines in India that are at the leading edge of technology to help meet this critical need. Our goal is to achieve 25 percent market share in India's wind power market while also building our business in foreign markets."
"In India, wind power is projected to continue to account for an increasing percentage of the country's energy mix," said AMSC founder and Chief Executive Officer Greg Yurek. "Ghodawat is capitalising on this opportunity by producing towers, developing wind farms and – now – manufacturing and deploying entire wind turbine systems. With its years of industry experience and proven wind turbine technology from AMSC, we believe Ghodawat is positioned to be a winner in the market."
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