AMSC Agrees To Deliver Nearly $20M In Wind Turbine Electrical Control Systems To Inox Wind
Portfolio Pulse from Happy Mohamed
AMSC has agreed to deliver nearly $20 million worth of wind turbine electrical control systems (ECS) to Inox Wind Limited, including its 2 MW and 3 MW ECS. Shipments are expected to occur during fiscal year 2023.
May 31, 2023 | 12:18 pm
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POSITIVE IMPACT
AMSC's agreement to deliver nearly $20 million worth of wind turbine electrical control systems to Inox Wind Limited could boost its revenues and strengthen its partnership with Inox.
The agreement to deliver $20 million worth of wind turbine electrical control systems to Inox Wind Limited directly impacts AMSC's revenues and strengthens its partnership with Inox. This deal could lead to increased demand for AMSC's products and services, which would positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100