A-Power Gets Orders for 380 Turbines

A-Power Energy Generation Systems, Ltd. has announced that its wholly owned Chinese operating subsidiary, Liaoning GaoKe Energy Group, has received letters of intent for purchasing 380 of the 2.5-megawatt (MW) wind turbines that it manufactures for Fuhrlander AG.

The company is presently engaged in negotiations to finalize these contracts and turn them into purchase orders. In addition to orders for the Fuhrlander turbines the company has also announced deals for 750-kilowatt (kW) and 225-kW  turbines it manufactures for Norwin A/S.

“In order to meet this demand as quickly as possible, we are making arrangements to import many of the subassemblies from suppliers around the world that presently supply Fuhrlander and Norwin. Over time we are confident that we will be able to identify second-source qualified suppliers for many of these subassemblies in China to further improve the gross margins,” said Edward Meng, A-Power’s CFO.

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