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A-Power Energy Signs Contract With CACS for Sale of 50 2.7MW Wind Turbines

Posted on: Tuesday, 7 October 2008, 09:00 CDT

A-Power Energy Generation Systems has signed its second sales contract with China National Automation Control System Corporation for the sale of 50 2.7MW wind turbines.

The contract is in addition to the previously announced contract with China National Automation Control System Corporation (CACS) for five 2.7MW units. These units are expected to be delivered by July 2009.

These 2.7MW wind turbines will be produced at A-Power's new wind turbine production facility in Shenyang, China with components the company has secured from Fuhrlander and other European wind power component suppliers, which will begin arriving in November 2008.

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. A-Power will supply wind turbines to CACS's wind farm projects in the Gansu province and the Inner Mongolia Autonomous Region.

Jinxiang Lu, A-Power's chairman and CEO, said: "As expected, we continue to turn our previously announced wind turbine letter of intents into sales contracts and we are excited to announce the contract for an additional 50 2.7MW wind turbines with CACS."

Source: Datamonitor

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