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APWR Signs 2nd Wind Contract in China

Submitted by ruonan_zheng on Thu, 10/15/2009 - 11:34

APWR is starting to execute its plan to become a major player in China wind power. With the second totally integrated fully planned, built , and constructred wind turbine farm, APWR becomes a player in China wind. With capacity of 1100 MW’s for 2010, APWR has alot of excess capacity that could turn into revenues quickly given that APWR has the Shenyang Power Alliance as its partner along with General Electric and the Communist government of China, the PRC.

 

A-Power is to supply the wind turbines, the towers and the foundations, and oversee the construction, subcontracting and installation for this project. The estimated cost breakdown is as follows: equipment procurement $33.7 million; construction and installation $1.9 million; miscellaneous $586,000. The project is due to commence November this year and the estimated completion time is November 2010.
 
The Rizhao Donggang Wind Farm project, owned by Rizhao City Hengyuan Wind Power Co., Ltd., has an initial requirement of eight units of the 2.5/2.7MW wind turbines, and it is expandable to 100MW. The project has been approved by the provincial Development and Reform Commission and the National Resources Bureau of Shandong Province and the permit for transmission to the electricity power grid has been issued by the Shandong Electricity Co.