Hanwei to Supply of Up to US$26 M in Wind Power Products

Vancouver, BC [RenewableEnergyAccess.com] Hanwei Energy Services Corp. announced that Daqing Harvest Longwall High Pressure Pipe Co. Ltd., its 82.15% owned subsidiary, has signed a cooperation agreement with Daqing Deta Electric Co. Ltd. to manufacture approximately C$28.1 million [US$26.5 million] worth of wind power products, including turbines, blades and towers. It includes an expression of intent to place additional orders with Harvest for wind power products in the amount of C$84.4 million in 2008 and C$126.6 million in 2009, subject to satisfactory completion by Harvest of the 2007 order. Under the agreement, Harvest will use its expertise in developing and manufacturing high-pressure fibre glass reinforced plastic (FRP) wind power blades, and will manage the assembly of the turbines and towers, while Deta will provide the wind power technology and expertise.
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