AMSC Receives Four D-VAR(R) Orders for Wind Farms on Three Continents

-- Wind Farms in Australia, Canada and the United Kingdom to
Utilize AMSC's Grid Interconnection Solution

-- Market for Grid Interconnection Solutions Expanding With
Growth in Worldwide Installed Base of Wind Power

-- Company to Host "Connecting With the Wind(TM)" Exhibit at
WINDPOWER 2008 Conference & Exhibition in Houston
DEVENS, Mass.--(Business Wire)--
American Superconductor Corporation (NASDAQ: AMSC), a leading
energy technologies company, today announced that it has received
orders for its D-VAR(R) solution for grid interconnection of wind
farms located in Australia, Canada and the United Kingdom. The wind
farms will utilize wind power systems from three different global wind
turbine manufacturers.

The D-VAR systems, which will provide voltage support for more
than 200 megawatts (MW) of aggregated power, will be delivered to all
four wind farms within the next 12 months. AMSC now has an installed
base and orders for solutions to serve approximately 7,350 MW of wind
power worldwide, an increase of more than 120 percent over the past 12
months.

AMSC's proprietary D-VAR systems enable wind farm developers to
meet the national and provincial requirements adopted in many
countries for connecting wind farms to power grids. AMSC customers
utilize D-VAR grid interconnection solutions to provide voltage
regulation and power factor correction, along with post-contingency
assistance to prevent voltage collapse on the power grid.

"Our D-VAR solutions are being used around the world to safely
connect wind farms to electric power grids," said Chuck Stankiewicz,
executive vice president and general manager of AMSC Power Systems.
"These solutions mitigate voltage instabilities at wind farms to
enable wind farm owners and operators to meet dramatically varying
grid interconnection requirements around the world. This ensures the
quality of the power being delivered to customers and in many cases
improves the reliability of the local power grid."

Worldwide wind power capacity increased 27 percent in 2007 to more
than 94 gigawatts (GW), according to a Global Wind Energy Council
(GWEC) report issued in April 2008. The global wind energy market,
according to the report, is expected to grow an additional 155 percent
to 240 GW of total installed capacity by 2012.

In addition to the D-VAR(R) grid interconnection solution, AMSC
offers a range of proprietary products and services for the growing
wind power market. From June 1-4, 2008, the company will host a
"Connecting With the Wind" exhibit at the WINDPOWER 2008 Conference &
Exhibition organized by the American Wind Energy Association. The
event will be held at the George R. Brown Convention Center in
Houston, TX. The exhibit, located at booth # 1452, will feature the
company's full suite of solutions for the wind industry ranging from
the D-VAR solution to AMSC Windtec(TM) turbine designs and consulting
services and wind turbine electrical components that utilize the
company's proprietary PowerModule(TM) power converter.

To learn more about AMSC's product offerings for the wind
industry, please visit
http://www.amsc.com/products/applications/windEnergy/index.html.

About American Superconductor (NASDAQ: AMSC)

AMSC is a leading energy technologies company offering an array of
solutions based on two proprietary technologies: programmable power
electronic converters and high temperature superconductor (HTS) wires.
The company's products, services and system-level solutions enable
cleaner, more efficient and more reliable generation, delivery and use
of electric power. AMSC is a leader in alternative energy, offering
grid interconnection solutions as well as licensed wind energy designs
and electrical systems. As the world's principal supplier of HTS wire,
the company is enabling a new generation of compact, high-power
electrical products, including power cables, grid-level surge
protectors, Secure Super Grids(TM) technology, motors, generators, and
advanced transportation and defense systems. AMSC also provides
utility and industrial customers worldwide with voltage regulation
systems that dramatically enhance power grid capacity, reliability and
security, as well as industrial productivity. The company's
technologies are protected by a broad and deep intellectual property
portfolio consisting of hundreds of patents and licenses worldwide.
More information is available at www.amsc.com.

American Superconductor and design, Revolutionizing the Way the
World Uses Electricity, AMSC, Powered by AMSC, SuperVAR, D-VAR, DVC,
PQ-IVR, PowerModule, Secure Super Grids and Windtec are trademarks or
registered trademarks of AMSC.

Any statements in this release about future expectations, plans
and prospects for the company, including statements containing the
words "believes," "anticipates," "plans," "expects," "will" and
similar expressions, constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. There
are a number of important factors that could cause actual results to
differ materially from those indicated by such forward-looking
statements. Such factors include: uncertainties regarding the
company's ability to obtain anticipated funding from corporate and
government contracts, to successfully develop, manufacture and market
commercial products, and to secure anticipated orders; the risk that a
robust market may not develop for the company's products; the risk
that strategic alliances and other contracts may be terminated; the
risk that certain technologies utilized by the company will infringe
intellectual property rights of others; the competition encountered by
the company, including several large Japanese companies. Reference is
made to these and other factors discussed in the "Management's
Discussion and Analysis of Financial Condition and Results of
Operation" section of the company's most recent quarterly or annual
report filed with the Securities and Exchange Commission. In addition,
the forward-looking statements included in this press release
represent the company's views as of the date of this release. While
the company anticipates that subsequent events and developments may
cause the company's views to change, the company specifically
disclaims any obligation to update these forward-looking statements.
These forward-looking statements should not be relied upon as
representing the company's views as of any date subsequent to the date
this press release is issued.

American Superconductor Corporation (NASDAQ: AMSC)
Jason Fredette, 978-842-3177
Director of Investor & Media Relations
jfredette@amsc.com

Copyright Business Wire 2008