AMSC To Deliver Nearly US$20 Million In Wind Turbine Electrical Control Systems To Inox Wind

The Order Will Support Inox Wind’s Share Of The Wind Market In India

American Superconductor (AMSC), a system provider of megawatt-scale power resiliency solutions, has agreed to deliver nearly US$20 million of demand for its wind turbine electrical control systems (ECS) to Inox Wind Limited (Inox), including its 2-MW ECS and an order for its 3-MW ECS. AMSC expects to ship these systems over the course of fiscal year 2023.

“Due in part to our strong and growing partnership with AMSC, Inox was among the first manufacturers to produce 2-MW and now 3-MW class wind turbines locally,” said Devansh Jain, director of Inox. “The production of larger, more efficient 3-MW turbines will provide us with the means to augment our market leadership. We remain committed to helping India bridge its power gap with high-performance wind turbines.”

“We believe this 3-MW ECS order marks the beginning of our next chapter with Inox as they expand their offering to include the 3-MW class wind turbine,” said Daniel P. McGahn, chair, president, and CEO of AMSC. “The wind energy sector in India is finding its footing, with strong support by private and public entities. We renew our commitment to supporting Inox’s growth through our proprietary technology that can enable our partners to deliver superior products to the marketplace. We are encouraged to begin scaling up production for Inox and to support our partner’s complete wind turbine product line with our proprietary ECS products.”

According to GlobalData, the Indian onshore wind market capacity is forecasted to add more than 35 GW by 2030.

3-MW ECS

AMSC has received a US$5 million order from Inox for its 3-MW class wind turbine ECS. AMSC expects to initiate shipments for this order beginning in fiscal year 2023 and to complete these shipments within the fiscal year.

Under the terms of the exclusive license agreement for AMSC’s 3-MW class wind turbine design in India between AMSC and Inox, Inox has agreed that AMSC will be the exclusive supplier of ECS for Inox’s 3-MW turbine.

The design is certified as having a 3-MW power rating (according to GL2010 onshore guidelines). The turbine may operate up to 3.3 MW under certain grid and ambient temperature conditions.

2-MW ECS

AMSC has agreed to provide nearly US$15 million of 2-MW wind turbine ECS to Inox. AMSC expects to initiate shipments for this purchase beginning in fiscal year 2023 and to complete these shipments before the end of fiscal year 2023.

AMSC and Inox have modified their relationship, transitioning from a long-term strategic ECS supply agreement to standalone ECS supply contracts.

The design is certified as having a 2-MW power rating (according to GL2010 onshore guidelines). The turbine may operate up to 2.15-MW under certain grid and ambient temperature conditions.