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AMSC wins India contract

By Christopher Martin

 |  Bloomberg News  

  May 24, 2012

American Superconductor Corp., a supplier of wind-turbine components, rose 13 percent, the most since April 11, after winning a contract to supply 100 megawatts of electrical systems to Inox Wind Ltd. in India. Inox designed a 2-megawatt wind turbine using American Superconductor’s technology in 2009 and on Wednesday ordered 50 of its electrical control systems to use in turbines this year, the Devens company said.

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