IGC takes on new partner in HTS cable project

摘要

Intermagnetics General Corporation (IGC) announced that BOC, a global supplier of industrial gases, refrigerants and related equipment, has joined in a project developing a high-temperature superconducting (HTS) cable for the Albany, New York, power grid. A press release said that BOC will be a strategic partner in the 26 million dollars project, which has received 19 million dollars in funding from U.S. federal and state agencies. Intermagnetics' Energy Technology subsidiary, SuperPower, Inc., BOC and Sumitomo Electric Industries will share the remaining 7 million dollars of project costs, it said.