By Panu Kurronen, Product Manager, The Switch The growing global demand of rare earth metals combined with China’s ever-tightening grip on the material keep pushing up magnet prices. While we at The Switch don’t think the price trend can last too long, we understand that the matter is of great concern for the wind power…

American Superconductor Corporation, a power technologies company, announced (March 14, 2011) that it has signed a definitive agreement to acquire The Switch Engineering Oy, a power technologies company headquartered in Finland. The 190-million-Euro acquisition (about  $265 million based on current exchange rates) is expected to be immediately accretive and support AMSC’s growth to US$1 billion…