AMSC: Strategic Relationship with BASF
Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der ECOreporter.de-Redaktion bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.
AMSC, a global energy solutions provider serving wind and power grid industry leaders, and BASF Corporation, announced today that they have entered into a set of agreements to jointly develop an advanced low cost manufacturing process for second generation high temperature superconductor wire. In the joint development, AMSC’s manufacturing know-how for its Amperium® superconductor wire and BASF’s chemical solution deposition production technology will be combined. As part of the agreements, AMSC and BASF also entered into a royalty-bearing, non-exclusive license under which AMSC will provide BASF a specified portion of AMSC’s second generation (2G) high temperature superconductor (HTS) wire manufacturing technology. AMSC intends to continue its focus on HTS system-based solutions, such as its Resilient Electric Grid and Ship Protection Systems and to provide wire for those solutions as well as to AMSC’s strategic partners.
“BASF is committed to produce and commercialize HTS wire for standard applications. We expect to utilize our existing relationships to engage large, global organizations in the energy segment to support adoption and development of HTS applications,” said Dr. Guido Voit, Managing Director BASF New Business GmbH. “By combining BASF’s strength, experience and global reach with AMSC’s manufacturing know how, we believe we can accelerate the path to commercialize applications using HTS wire.”
“At AMSC’s founding over 25 years ago, our goal was to produce high temperature superconductor wire for commercial applications. We have succeeded in that goal and are producing high-quality wire in large quantities. We have since become focused on developing and selling system solutions to electric utilities and the U.S. Navy. We view this relationship as a validation of our technology and patent position,” said Daniel P. McGahn, President and CEO of AMSC. “We will potentially have two ways to source wire for superconductor applications. BASF’s manufacturing approach, which leverages our technology, is an attempt to dramatically change the economics of superconductors. We are excited to be working with BASF to refine wire process technology, while we focus on building our solutions business.”
The parties expect these agreements to result in the development of a potentially low cost manufacturing process at BASF and to enable AMSC to focus resources on driving down the total system cost. If the development is complete and successful, AMSC may utilize wire produced by this advanced manufacturing process for its systems business.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in North America, and had sales of $17.4 billion in 2015. For more information about BASF’s North American operations, visit www.basf.us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.
About AMSC (AMSC)
AMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner … better energy. Through its Windtec™ Solutions, AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy. Through its Gridtec™ Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency, and performance. AMSC’s solutions are now powering gigawatts of renewable energy globally and enhancing the performance and reliability of power networks in more than a dozen countries. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe, and North America. For more information, please visit www.amsc.com.