AMSC Enters Into License Contract with Inox Wind For 3 MW Class Wind Turbine

AMSC has announced that it has entered into an exclusive license contract for a 3 MW class wind turbine design in India with Inox Wind Limited.

Under the terms of the license contract, AMSC and Inox have agreed that AMSC will be the exclusive supplier of electric control systems (ECS) for Inox’s 3 MW class wind turbine. The terms and conditions of the ECS will be set forth in a distinct ECS supply arrangement between the parties.

“Inox was among the first manufacturers to produce 2 MW turbines locally, in volume, and quickly established a leadership position in the market based on performance and cost,” said Devansh Jain, director of Inox Wind Limited.

 “Leveraging our vertical approach, which combines best-in-class manufacturing with project development, the production of larger, more efficient 3 MW class turbines will give us the means to augment our market leadership. We remain committed to helping India bridge its power gap with high-performance wind turbines.”

Daniel P. McGahn, Chairman, President and CEO of AMSC, “This license agreement opens up the next chapter in our collaboration with Inox. Our 3MW turbine design extends Inox’s product line of 2 MW turbines to include 3 MW class turbines and enables the possibility of market expansion. We believe this will place Inox in a strategically competitive position.”

AMSC’s 3MW class wind turbine design is required to be certified as having a 3 MW power rating (according to GL2010 onshore guidelines). AMSC’s 3MW class wind turbine may operate up to 3.3 MW under certain grid conditions and certain ambient temperature conditions.