A-Power Energy Generation Systems Ltd. Signs a Biomass-Based DG Contract with Sanmenxia New Energy Bio-Electricity Co., Ltd.

June 16, 2009

SHENYANG, China, June 16 /PRNewswire-Asia-FirstCall/ — A-Power Energy
Generation Systems, Ltd. (Nasdaq: APWR) (“A-Power” or “the Company”), a
leading provider of distributed power generation (“DG”) systems in China and a
fast-growing manufacturer of wind turbines, today announced it has signed a
contract with Sanmenxia New Energy Bio-Electricity Co., Ltd. to build
electricity-generation systems using biomass as fuel in Henan Province of

Pursuant to the contract, A-Power will be in charge of the overall design,
the construction, and the equipment procurement, installation and testing of
the biomass DG plant in Yinchi County, Sanmenxia City, Henan Province. The
project is expected to be completed and in operation by October 2010 and the
total value of the contract is estimated to be $14.1 million (RMB 96 million).

About A-Power

A-Power Energy Generation Systems Ltd. (“A-Power”), through its
China-based operating subsidiaries, is the largest provider of distributed
power generation systems in China, focusing on energy-efficient and
environmentally friendly projects of 25MW to 400MW. In 2008, A-Power entered
the wind energy market and has built China’s largest wind turbine
manufacturing facility, located in Shenyang, Liaoning Province, with
technologies licensed from German FUHRLANDER AG and Denmark-based Norwin, and
a total annual production capacity of 1,125MW. In March 2009, A-Power entered
into an agreement to establish a Joint Venture partnership with GE Drivetrain
Technologies to produce wind turbine gearboxes in Shenyang. A-Power also has
strategic relationships with Tsinghua University in Beijing and the China
Academy of Sciences in Guangzhou to develop and commercialize other renewable
energy technologies. For more information, please visit
http://www.apowerenergy.com .

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be identified by terminology such as “will,” “expects,” “anticipates,”
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statements. Statements that are not historical facts, including statements
relating to anticipated future earnings, margins, and other operating results,
future growth, construction plans and anticipated capacities, production
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forward-looking statements, based upon the current beliefs and expectations of
our management, are subject to risks and uncertainties, which could cause
actual results to differ materially from the forward-looking statements,
including but not limited to, the risk that: inclement weather conditions
could adversely affect our operating results in particular quarters and/or
fiscal years; we may experience construction and development delays on our
projects which could adversely affect our financial condition and operating
results; our limited operating history and recent entrance into new markets
may make it difficult for you to evaluate our business and future prospects;
the expected benefits of supply and partnership agreements may not materialize
to the extent expected or at all; we expect to rely increasingly on our
proprietary products and systems and on technology developed by our licensors
and partners, and if we or our licensors or partners become involved in an
intellectual property dispute, we may be forced to spend considerable
resources resolving such dispute; a decrease in the rate of growth of China’s
industry and economy may lead to a decrease in our revenues because industrial
companies in China are our principal source of revenues, as well as other
relevant risks detailed in our filings with the Securities and Exchange
Commission, including those set forth in our annual report filed on Form 20-F
for the fiscal year ended December 31, 2007. The information set forth herein
should be read in light of such risks. We assume no obligation to update the
information contained in this press release, except as required under
applicable law.

    For more information, please contact:

     Mr. John S. Lin
     Chief Operating Officer
     A-Power Energy Generation Systems
     Email: john@apowerenergy.com

     Mr. Valentine Ding / Mr. Dixon Chen
     Investor Relations
     Tel:   +1-646-284-9412
     Email: valentine.ding@us.grayling.com

SOURCE A-Power Energy Generation Systems Ltd.

Source: newswire

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