American Superconductor Corporation provides megawatt (MW)-scale solutions. In the wind power market, the company enables manufacturers to field wind turbines through its advanced power electronics products, engineering, and support services. In the power grid market, the company enables electric utilities, industrial facilities, and renewable energy project developers to connect, transmit and distribute power through its transmission planning services and power electronics, and superconductor-based products. Segments The company operates through two segments, Wind and Grid. Wind segment This segment, through the company’s Windtec Solutions, enables manufacturers to field wind turbines with exceptional power output. The company supplies advanced power electronics and control systems, licenses its wind turbine designs, and provides extensive customer support services to wind turbine manufacturers. The company’s design portfolio includes a range of drive trains and power ratings of 2 megawatts (MW) and higher. The company provides a range of power electronics and software-based control systems that are integrated and designed for optimized performance, efficiency, and grid compatibility. Solutions The company addresses the challenges of the wind power market by designing and engineering wind turbines, providing extensive support services to wind turbine manufacturers, and manufacturing and selling critical components for wind turbines. Electrical Control Systems: The company provides electrical control systems or a subset of those systems (core electrical components) to manufacturers of wind turbines designed by the company. Its electrical control systems regulate voltage, control power flows and maximize wind turbine efficiency, among other functions. As of March 31, 2016, the company shipped enough core electrical components and complete electrical control systems to power approximately 16,000 MW of wind power. Wind Turbine Designs: The company designs and develops entire onshore and offshore wind turbines with power ratings of 2 MWs and higher for manufacturers who are in the business of producing wind turbines or who plan to enter the business of manufacturing wind turbines. Customer Support Services: The company provides customer support services to wind turbine manufacturers. These services range from providing designs for customers’ wind turbine manufacturing plants to establishing and localizing their supply chains and training their employees on proper wind turbine installation and maintenance. Grid segment This segment, through the company’s Gridtec Solutions, enables electric utilities and renewable energy project developers to connect, transmit and distribute power. The company provides transmission planning services that allow it to identify power grid congestion, poor power quality, and other risks, which help it determine how its solutions could improve network performance. These services lead to sales of the company’s grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems. The company also sells ship protection products to the U.S. Navy. Solutions The company addresses the challenges in the grid market by providing services and solutions designed to increase the power grid’s capacity, security and efficiency. It also provides advanced ship protection equipment for the U.S Navy in this segment as each Navy ship could be thought of as having its own power grid. Superconductor Wire and Applications Conventional conductors of electricity, such as aluminum and copper wire, lose energy due to resistance. Using a compound of yttrium barium copper oxide, the company manufactures and provides high-temperature superconductor (HTS) wire that could conduct many times more electricity than conventional conductors with no power loss. The company has developed full system solutions that it sells and expects to continue to sell directly to customers. These systems comprise resilient electric grid (REG) systems and ship protection systems (SPS). REG Systems: The company’s REG system has two
american superconductor corp
64 Jackson Road
Devens, MA 01434
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