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American Superconductor
Corporation has added a news release to its Investor Relations website.
Title:
AMSC Launches PowerModule PM3000W Converter for
the Wind Power Market
Date: 9/9/2008 7:30:00
AM
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-- Revolutionary PowerModule(TM) PM3000W Converter Incorporates AMSC's Unique Combination of Wind Turbine Design, Power Electronics and Power Grid Operation Expertise -- New Features Include Low Voltage Ride Through and Wind Specific Controls -- Pre-Launch Orders Booked for More Than 3,300 Converters from Wind Turbine Manufacturers in Canada, China, Germany and India -- Product Shipments to Customers Initiated in September 2008
HUSUM, Germany--(BUSINESS
WIRE)--Sept. 9, 2008--American
Superconductor Corporation (NASDAQ: AMSC), a leading energy
technologies company, announced today at HUSUM WindEnergy
2008 the
launch of its proprietary PowerModule
PM3000W power converter, a fully
programmable, flexible and modular power converter developed
specifically
for wind power applications. This highly scalable
solution is designed for rapid integration into a wide range of wind
turbines with power ratings from 750 kilowatts (kW) - the basic
PM3000W building block - up to 6 megawatts (MW). AMSC developed the
PM3000W converter based on its core capabilities in power
electronics
hardware and software, the design and licensing of wind turbines,
knowledge gained in the deployment of thousands of PowerModule PM1000
converters in wind turbines, and the company's experience connecting
wind
farms to power grids utilizing its proprietary D-VAR(R) solution.
AMSC's PowerModule converters
are power dense, scalable and
programmable, allowing them to be readily customized for many
electrical
applications. Wind-specific PM3000W converters incorporate
algorithms and external communication protocols to enable universal
generator
connectivity. The product has successfully passed extensive
factory testing and rigorous field testing in operating wind farms,
and the company has already booked pre-launch orders for more than
3,300 PM3000W converters from customers in Canada (AAER Inc.), China
(Sinovel Wind, CSR-ZELRI and Dongfang Steam Turbine Works), Germany
(Fuhrlander AG) and India (Ghodawat Industries). AMSC shipped the
first
PM3000W converters to customers in September 2008.
"Our
PM3000W converter was developed utilizing AMSC's
unique
combination of world-class wind turbine design and engineering
expertise, wind turbine power electronics and wind farm-to-power
grid
interconnection solutions," said Timothy Poor, AMSC's Vice President
of Global Sales and
Business Development. "The PM3000W is the world's
first power converter building block developed specifically for
bridging the needs of both wind turbine generators and grid
connection.
This unique converter is a fully programmable, flexible
and modular power converter platform that provides universal
generator
connectivity, and can be utilized within virtually any
megawatt-class
wind
turbine. This revolutionary solution has also been designed to
withstand the severe changes in climate and poor power grid
conditions
that
are often encountered at remote wind farms."
The PM3000W
converter utilizes state-of-the-art thermally and
mechanically enhanced Insulated Gate Bipolar Transistors (IGBTs) and
features wind power specific controls and interfaces, low voltage
ride
through (LVRT) support, ground fault protection and mono-frame
construction
with slide mounts - offering unmatched versatility. Rated
at 750 kW, the PM3000W converter's compact design yields a power
density
of up to 130 W/in.(3) (7.9 W/cm(3)). In addition, multiple
PM3000W power converters can be configured in parallel to create
higher power-rated converter systems up to 6MW for all types of wind
generators.
PM3000W
converters incorporate advanced grid compatibility
controls.
This enables its use with asynchronous, synchronous,
induction and permanent magnet generators in wind turbines running
at
either 50 Hz or 60 Hz. AMSC offers PM3000W converters as a
stand-alone
product.
Through its AMSC Windtec(TM) subsidiary, AMSC
also provides
customized wind turbine electrical systems and core electrical
components, which include the PM3000W converter, pitch and yaw
controls
and SCADA systems.
AMSC
introduced its PowerModule converter technology
in 2000 and
thousands of the systems have been purchased by customers worldwide
for use in a wide variety of applications including wind turbines,
hydro-electric, energy storage, fuel cell, marine diesel-electric,
electric vehicle, utility-grade voltage regulation and military
pulsed-power
systems. For more information about AMSC's PowerModule
power converters, please visit:
www.amsc.com/products/powerconversion/wind_turbine_power_convert.html.
With more
than 600 exhibitors and 20,000 anticipated attendees,
HUSUMwind
2008 is one of the world's largest wind power trade shows.
The event is being held from September 9 to September 13 in Husum,
Germany. Attendees are encouraged to visit AMSC Windtec's
at Booth
#3C43.
About
American Superconductor (NASDAQ: AMSC)
AMSC is a
leading energy technologies company offering an array of
solutions based on two proprietary technologies: programmable power
electronic
converters and high temperature superconductor (HTS) wires.
The company's products, services and system-level solutions enable
cleaner, more efficient and more reliable generation, delivery and
use
of electric power.
AMSC is a leader in alternative energy, offering
grid interconnection solutions as well as licensed wind turbine
designs
and electrical systems. As the world's principal supplier of
HTS wire, the company is enabling a new generation of compact,
high-power electrical products, including power cables, grid-level
surge protectors, Secure Super Grids(TM) technology, motors,
generators,
and advanced transportation and defense systems. AMSC
also
provides utility and industrial customers worldwide with voltage
regulation systems that dramatically enhance power grid capacity,
reliability
and security, as well as industrial productivity. The
company's technologies are protected by a broad and deep
intellectual
property portfolio consisting of hundreds of patents and licenses
worldwide.
More information is available at www.amsc.com.
American
Superconductor and design, Revolutionizing the Way the
World Uses Electricity, AMSC, Powered by AMSC, D-VAR, PQ-IVR,
PowerModule,
Secure Super Grids, Windtec and SuperGEAR are trademarks
or registered trademarks of American Superconductor Corporation or
its
subsidiaries.
Any
statements in this release about future expectations, plans
and prospects for the company, including our expectations regarding
the future financial performance of the company and other statements
containing the words "believes," "anticipates,"
"plans," "expects,"
"will" and similar expressions, constitute forward-looking
statements
within the meaning of the Private Securities Litigation Reform Act
of
1995. There are a number of important factors that could cause
actual
results to differ materially from those indicated by such
forward-looking
statements. Such factors include: uncertainties
regarding the company's ability to obtain anticipated funding from
corporate and government contracts, to successfully develop,
manufacture and market commercial products, and to secure
anticipated
orders; the risk that a robust market may not develop for the
company's products; the risk that strategic alliances and other
contracts may be terminated; the risk that certain technologies
utilized by the company will infringe intellectual property rights
of
others;
and the competition encountered by the company. Reference is
made to these and other factors discussed in the "Risk
Factors"
section of the company's most recent quarterly or annual report
filed
with
the Securities and Exchange Commission. In addition, the
forward-looking statements included in this press release represent
the
company's views as of the date of this release. While the company
anticipates that subsequent events and developments may cause the
company's views to change, the company specifically disclaims any
obligation
to update these forward-looking statements. These
forward-looking statements should not be relied upon as representing
the company's views as of any date subsequent to the date this press
release
is issued.
CONTACT: American Superconductor Corporation (NASDAQ: AMSC) Jason Fredette, 978-842-3177 Director of Investor & Media Relations jfredette@amsc.com SOURCE: American Superconductor Corporation |