Strategic partnership

Under the new agreement, Sinovel and AMSC’s wholly-owned AMSC Windtec™ subsidiary, will design and jointly develop a range of advanced, multi-megawatt-scale wind turbines that Sinovel plans to market and sell worldwide. Sinovel expects to begin volume production of these multimegawatt-
scale wind turbines by the end of 2012 and, as part of the agreement, will purchase core electrical components from AMSC for these new machines.

AMSC Windtec and Sinovel first formed their relationship in 2005. Since that time, AMSC has provided core electrical components for Sinovel’s 1.5 MW wind turbines as well as engineering support services and power electronics for the 3 MW and 5 MW wind turbines that have been co-developed by Sinovel and AMSC Windtec. Sinovel began shipping 3 MW wind turbines for the onshore and offshore markets in 2009.