American Superconductor Corp. (AMSC) announced the receipt of an initial order for 100 sets of wind turbine core electrical components from China's XJ Group Corp.
American Superconductor specified that XJ is its third Windtec customer to enter volume production of advanced wind turbines in China.
The company noted that the components will be deployed in 2 megawatt doubly fed induction wind turbines that were co-developed with its subsidiary AMSC Windtec.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.