CTC’s EU Energy Ships Wind Turbines from Germany

Irvine, California [RenewableEnergyAccess.com] Composite Technology Corporation (CTC) announced that its EU Energy subsidiary shipped four DeWind D6 wind turbines from the port of Hamburg, Germany, to Shanghai Electric Group in China. The aggregate value of this shipment is Euro 3.54 million ($4.53 million) and represents partial shipment of a previously announced order of Euro 13.71 million ($17.54 million) being fulfilled by EU Energy’s facilities in Lubeck, Germany. Shanghai Electric Group holds a license to manufacture and sell CTC DeWind D6 turbines in China; these shipments represent steps in the organization of production at their facilities.
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