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Multi-Million-Dollar Wind Energy Contract In China

Posted on Monday, March 26, 2007 posted by posted by Ecacofonix @ 1:34 AM

Multi-Million-Dollar Wind Energy Contract In China

23rd March 2007

Windtec has signed a multi-million-dollar wind energy system joint development contract with Sinovel Wind Corporation Limited. AMSC also has a prior delivery right to sell future electrical components under the same conditions as other suppliers to Sinovel for the wind energy systems covered under the contract, creating a substantial follow-on business opportunity for AMSC. Since 2005, Sinovel has ordered electrical components from Windtec for 785 wind energy systems rated at 1.5 megawatts (MW).

Read the entire report from here @ Carbon Free, UK

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