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Last $4.10 USD
Change Today +0.08 / 1.99%
Volume 23.9K
AMSC On Other Exchanges
As of 8:10 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

64 Jackson Road

Devens, MA 01434

United States

Phone: 978-842-3000

Fax: 978-842-3024

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 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 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 requirements 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. The company’s electrical control systems regulate voltage, control power flows and improve wind turbine efficiency, among other functions. As of March 31, 2015, the company shipped enough core electrical components and complete electrical control systems to power approximately 15,000 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 the company to identify power grid congestion, poor power quality, and other risks, which help the company determines 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 through this segment. Solutions 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 expects to sell directly to customers. These systems comprise: Resilient Electric Grid (REG) Systems: The company’s REG system has two primary applications that increase the reliability and the capacity of the urban infrastructure. For applications focused on reliability improvement, the REG cable is used in a ‘ring’ or ‘loop’ configuration to interconnect nearby urban substations. This enables urban utilities to share transmission connections and excess station capacity, while controlling the high fault


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