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Wednesday, August 06, 2008

AMSC Enters Power Market in Turkey with Wind Turbine License to Model Enerji Ltd.

"AMSC Enters Power Market in Turkey with Wind Turbine License to Model Enerji Ltd.

DEVENS, Mass. — American Superconductor Corporation (NASDAQ: AMSC), a leading energy technologies company, announced today that it has licensed its proprietary WT1650 wind turbine design to Model Enerji Ltd., Turkey's first megawatt-class wind turbine manufacturer. Under the terms of the contract, Model Enerji has exclusive rights to manufacture, sell, install, operate and maintain the WT1650 in Turkey and has non-exclusive rights for surrounding Mediterranean and Eastern European countries."

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