AMSC inks deal with Indian wind firm - Boston Business Journal:

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clean energy technology company AMSC) said it will help Inox find loca supplies ofturbine components, builf its manufacturing line and test the turbines, which Inox can sell In return, AMSC will receive an upfrong licence fee and royalty paymentss on the turbines, as well as exclusiveluy provide the electrical components to the turbines. The deal is AMSC’z second in India. “We view Indiw as a tremendous growth opportunity for allAMSC products,” said Greg founder and CEO of AMSC, in a “Similar to our strategy in China, we have entered Indisa through the wind energy market, whicyh not only provides us with a growing stream of revenue, but also providesa a concrete rationale to establish our in-countru base of operations and contacts.
From this base, we expect to addresd not only thewind market, but also the huge powerf grid market opportunity in India for our reactivd compensation and superconductor