-AMSC Receives $ 40 Million Follow-On Order from Inox Wind
DEVENS, Mass. - AMSC (NASDAQ:AMSC), a global solutions provider serving wind and power grid industry leaders, today announced that it has received an approximately $ 40 million order for wind turbine electrical control systems from Inox Wind Limited, part of India's Inox Group of Companies.
AMSC expects to begin shipments under this new order during the second quarter of fiscal 2015 and expects to complete the vast majority of shipments by the end of fiscal year 2015.
'Over the next ...