Moog Components Group has announced the introduction of a new slip ring that is a direct replacement for pitch control slip rings on the GE 1.5 MW series wind turbines. The AC7008 slip ring provides reliable transmission of power and data signals from the nacelle to the control system for the rotary blades. The advantage…
Moog Acquires Remaining Ownership in German Wind Energy Company
Moog Inc. (NYSE: MOG.A and MOG.B ) announced that it has acquired the remaining 60% ownership of the wind energy business of LTi REEnergy GmbH in Unna, Germany and Shanghai, China. The consideration was €12 million in cash paid and the issuance of a €9.5 million note payable in February 2010. The company produces electric…