For what its worth, the 7th Appeals Court is where the US case is at. There is a letter from July 17th, asking the court to deny Sinovel's motion to overturn their indictment. Apparently Sinovel tried to argue that the Chinese court set a precedent for dismissal but the USG argues: "The remote possibility of an arguably preclusive Chinese civil order should neither paralyze the appellate process nor hamstring the progress of justice. The United States respectfully requests this Court to promptly deny mandamus, dismiss the interlocutory appeal, and require Sinovel to face the indictment returned against it more than two years ago."
Ok more optimistic. Here is Inox's latest wording (no past tense and some interesting details): We have a perpetual license from AMSC, a leading wind energy technology company based in Austria, to manufacture 2 MW WTGs in India based on AMSC’s proprietary technology. Our license in India is exclusive, subject to three existing licenses that AMSC had previously granted for the production and sale of 2 MW WTGs worldwide, including in India. According to the December 2014 performance letter that we received from AMSC, more than 9,300 WTG units worldwide, with more than 15,000 MW of aggregate production capacity, are installed based on AMSC technology.
I think it's going to be good. DVAR and pushing Inox's pipeline out as fast as possible. Bit bummed no new announcement (and the past tense on the Inox site). Still hopeful geez. Also one or two random things could pop up - blade might turn out to be worth something. So I am guessing a small #gasp# profitable quarter.
The INOX wind website says they "have sourced" AMSC's technology but the prospectus said the company 'has a perpetual license from AMSC". Is there any significance to the past tense on the website now?
The INOX Wind site note this:
Inox Wind has sourced technology from AMSC, Austria, a wholly owned subsidiary of USA based American Superconductor Corporation. There are more than 7000 turbines with an aggregate capacity we believe of more than 15000MW successfully operating across the globe based on AMSC technology. Inox Wind’s WTGs are equipped with double fed induction gear (DFIG) technology. The swept area of the WTG is also one of the highest, which makes the WTGs ideally suited for low wind sites such as those prevalent across India.
In the prospectus, they said this:
The company has a perpetual license from AMSC, a leading wind energy technology
company based in Austria, to manufacture 2 MW WTGs in India based on AMSC's proprietary's technology.