- Published: 22 May 2012
- Written by Investor Ideas
New York, NY, - May 23, 2012 – (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for AMSC (Nasdaq:AMSC ) following news it has received a100 MW Wind Turbine Electrical Control System order from Inox Wind. The stock is trading at $3.96, up 0.42(11.86%) 3:05PM EDT on over 400,000 shares.
AMSC (Nasdaq:AMSC), a global solutions provider serving wind and grid leaders, today announced that Inox Wind Limited, part of India's Inox Group of Companies, placed a follow-on order for 50 of AMSC's electrical control systems (ECS) for Inox's 2 megawatt (MW) wind turbines. AMSC expects to ship all of these systems to Inox in 2012. This is the fourth volume order that AMSC has received from Inox in the past two years.
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