Hyundai Heavy Industries Places Order for Wind Turbines with American Superconductor
| Brian Ohlfest - November 18, 2009 |
American Superconductor Corporation (AMSC), a global power technologies company, today announced that it has received a follow-on order for 30 sets of electrical control systems from Hyundai Heavy Industries Co., Ltd. (Korean Stock Exchange: HHI) for its 1.65 megawatt (MW) wind turbines now in production in South Korea. AMSC also has received an electrical control systems order for HHI’s 2 MW wind turbine prototypes. All of the systems will be shipped to HHI by the end of May 2010.
“HHI’s investment in the wind power industry has created a new growth engine for our company,” said Young N. Kim, Senior Executive Vice President and COO, HHI Electro Electric Systems. “Over the course of the past year, we have licensed high-quality wind turbine designs from AMSC Windtec, commissioned our first prototype systems and secured our initial wind turbine orders in Korea and the United States. We see tremendous growth opportunities in front of us and are expanding our wind turbine capacity to support our growth plans.”
“HHI continues to scale its manufacturing operation and execute its aggressive growth strategy in the renewable energies market,” said Timothy Poor, AMSC’s Senior Vice President of Global Sales and Business Development. “This follow-on order follows close on the heels of the first electrical control system order HHI demonstrating that its 1.65 MW wind turbines are quickly gaining traction in the marketplace.”