AMSC gets USD-9m wind turbine ECS order from Doosan Heavy
Offshore wind. Source: Natural Environment Research Council (NERC).
South Korea's Doosan Heavy Industries & Construction Co Ltd (KRX:034020) has awarded a USD-9-million (EUR 8.1m) follow-on order to AMSC (NASDAQ:AMSC) for wind turbine electrical control systems (ECS).
As was the case with the prior order, Doosan will use the ECS to produce 5.5-MW offshore wind turbines designed by AMSC and Hyundai Electric & Energy Systems Co Ltd (KRX:267260). Boston, Massachusetts-based AMSC has had the rights to design and exclusively supply ECS units to the Korean company since 2017 and that lead to an initial order in January 2018.
“We believe that this order represents the beginning of Doosan’s transition into volume production with one of the world’s largest offshore wind turbines,” said Daniel P McGahn, chairman, president and CEO of AMSC.
The US company expects to finalise the shipments under the follow-on order by no later than fiscal year 2020, it said.