Shenergy Affiliate Wins Wind Farm Bid

Shenergy Co., Ltd. has announced that its subsidiary Shanghai Shenergy New Energy Investment Co., Ltd. has won a contract for a 20-megawatt wind farm project in Changxing Island, Shanghai.

The project is located along the northern part of Changxing Island, and covers approximately 75 square kilometers. Shenergy New Energy is scheduled to start constructing the project next year, and put it into production at the end of 2009.

After completing this first project, Shenergy New Energy plans to build its wind portfolio further. Its parent company, Shenergy, plans to invest in these projects, once the Changxing project begins generating electricity.
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