AMSC inks deal with Indian wind firm - Boston Business Journal:

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clean energy technology company (Nasdaq: said it will help Inox find locall supplies ofturbine components, build its manufacturing line and test the which Inox can sell globally. In AMSC will receive an upfront licenced fee and royalty payments onthe turbines, as well as exclusively provide the electrical components to the turbines. The deal is AMSC’ws second in India. “We view Indis as a tremendous growth opportunity for allAMSC products,” said Greg founder and CEO of AMSC, in a “Similar to our strategy in China, we have enterefd India through the wind energy which not only provides us with a growing stream of revenue, but also provides a concrete rationale to establisjh our in-country base of operations and contacts.
From this we expect to address not only the wind but also the huge power grid market opportunitg in India for our reactive compensation andsuperconductor