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Article: Electricite de France Orders New Industrial Power Quality SMES Product; American Superconductor to Deliver its First PQ IVR This Summer.
- Article from:
- Business Wire
- Article date:
- April 4, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business/Technology Editors
MIDDLETON, Wisc.--(BUSINESS WIRE)--April 4, 2000
American Superconductor (Nasdaq: AMSC) announced today an order for one of its new Power Quality-Industrial Voltage Restorer (PQ IVR(TM)) units from Electricite de France (EDF), one of the world's largest utilities. The PQ IVR is based on American Superconductor's proprietary superconducting magnetic energy storage (SMES) technology. The company expects to install the PQ IVR in the summer of 2000 at an EDF demonstration site near Paris.
American Superconductor's industrial power quality SMES products, which include the PQ VR(TM) and the new PQ IVR, are designed to ...