AMSC Announces over $19 Million of New Energy Power System Orders
American Superconductor Corporation (AMSC)
Last american superconductor corporation earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
AYER, Mass., June 02, 2021 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, today announced over $19 million of new energy power system orders. This includes orders for AMSC’s D-VAR® STATCOM system, AMSC’s D-VAR VVO® system as well as NEPSI metal enclosed capacitor banks and harmonic filters. The orders serve the industrial and renewable energy sectors in the United States and abroad. These systems are expected to provide voltage regulation by responding to varying load conditions at a variety of industrial settings including semiconductor fabs and mining. These orders also respond to varying load conditions while connecting wind power plants to the electric grid or connecting residential solar to the electric grid. The revenue from these orders is expected to be recognized in fiscal year 2021. “We a
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AMSC
Earnings
- 1/24/24 - Beat
AMSC
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- AMSC's page on the SEC website