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A-Power Energy Generation Systems, Ltd. Inaugurates Its Wind Turbine Production Facility in Shenyang, China. On Jan. 12, 2009, A-Power Energy Generation Systems (Nasdaq: APWR) and GE Drivetrain Technologies, a unit of GE Transportation, announced... more
A-Power Energy Generation Systems, Ltd. Inaugurates Its Wind Turbine Production Facility in Shenyang, China. On Jan. 12, 2009, A-Power Energy Generation Systems (Nasdaq: APWR) and GE Drivetrain Technologies, a unit of GE Transportation, announced two Letters of Intent, one for GE to supply A-Power with 2.7 MW wind turbine gearboxes, beginning in 2010, and the second to establish a Joint Venture partnership for a wind turbine gearbox assembly plant. The joint venture will bring a multi-megawatt gearbox capacity to China and serve as GE Drivetrain Technologies' Southeast Asia manufacturing center from which it will serve its customers in the region beginning mid-2010. The combination of these two agreements fits well with A-Power's business strategy and complements investments that it has already made to build a world-class wind turbine business. To view Multimedia News Release go to http://www.prnewswire.com/mnr/ge/36748/ less
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