Thursday, January 27, 2011

India’s Inox Wind Orders More From American Superconductor

Inox Wind Limited of India has placed a $9 million follow-on order for a wind turbine electrical control system from American Superconductor (AMSC). AMSC is gaining a business presence in India with multiple orders for its products being used on renewable energy projects. In August AMSC received an initial order for 17 of the companies electrical control systems and another $20 million order from Ghodawat Energy in April of last year.

Inox will use the systems in its 2MW wind turbines and has the ability to manufacture 400 annually. India is currently the 5th largest wind energy market in the world and is expected to double its capacity within 4-5 years.

“India has one of the fastest growing economies in the world,” said Devansh Jain, Director of Inox Wind Limited. “When considering our rapid urbanization and industrialization combined with our need to reduce pollution and increase electricity generation, it is imperative that we continue to promote and produce zero-emission electricity from sources such as wind. Our partnership with AMSC has enabled us to enter full-scale manufacturing quite rapidly, taking us one step closer to our goal of becoming a leader in the global wind power marketplace.”

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