 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
A-Power Energy Signs Its First Wind Turbine Sales Contract
Shenyang, China (SPX) Sep 24, 2008 A-Power Energy Generation Systems, Ltd. ("A-Power"), announced today that it has signed a sales contract with China National Automation Control System Corp. ("CACS") for the sale of five 2.7 MW wind turbines. Delivery of the five units is planned to occur in Q4 2008. These wind turbines will be the first to be produced at A-Power's new wind turbine production facility in Shenyang, China. This facility consists of two production lines with a designed annual capacity of 300 units of 2.7MW wind turbines and 420 units of 750kW wind turbines, totaling over 1.1GW in annual output. CACS, a subsidiary of China National Machinery and Equipment Group, has been a leading provider of power generation solutions to both China and the international markets since 1981. A-Power will supply wind turbines to CACS' wind farm projects in the Gansu province and the Inner Mongolia Autonomous Region. Mr. Jinxiang Lu, A-Power's Chairman and CEO commented, "We are excited to announce the first sales contract to come from our previously announced wind turbine LOIs. These 2.7MW units will be the largest land based wind turbines commercialized to-date in China and, for this reason, we are experiencing a surge of interest from buyers throughout the country. Now that we have determined the pricing and delivery schedule for our wind turbine components, we intend to convert the remainder of our wind turbine LOIs into sales contracts. "We are currently in late-stage discussions to sign additional contracts with CACS and the other parties that had signed letters of intent with A-Power in Q1 2008, which in aggregate provide for an additional 375 wind turbines. In addition, we are in discussions with a number of new potential buyers. Based on these discussions, we expect to announce additional contracts over the coming months for both our 2.7MW and 750kW wind turbine units. "CACS and other potential customers have expressed a great amount of confidence in A-Power's wind business which combines reliable European technology, a standard one-year warranty and a successful track record of commercial operation with an experienced team of energy professionals. We are very excited to begin working with CACS to deploy clean wind energy technology throughout China." Community Email This Article Comment On This Article Share This Article With Planet Earth
Related Links Powering The World in the 21st Century at Energy-Daily.com
Marquiss Wind Turbines Connect To Northern California Grid
Sacramento CA (SPX) Sep 22, 2008Marquiss Wind Power has announced that its wind turbine technology has met the requirements from two Northern California electric utilities to connect to the power grid. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook