Dec 7 2009
A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) ("A-Power" or "the Company"), a leading provider of distributed power generation ("DG") systems in China and a fast-growing manufacturer of wind turbines, today announced it has signed a construction waste-heat power generation contract with Tieling Tiexin Cement Co. Ltd.
Tieling Cement Waste-heat Power Generation will be located in Tieling City, Liaoning province. A-Power has been working with Tiexin Cement since 2007. Currently A-Power's contracted projects include three main generators of power station: the steam turbine, the boiler and power generator. A-Power is also responsible for installation, adjustment of the precipitator, construction, procurement of the equipment and construction material. Contract total is approximately 110 million RMB (16 million USD). A-Power will act as the general contractor; its responsibilities include the construction, procurement, installation and adjustment of equipments and trial operation of the micro-grid DG. The construction will commence in December 2009 and will be completed in May 2010.
Mr. Jinxiang Lu, CEO of A-Power Generation, commented, "A-Power has enjoyed an excellent working relationship with Tiexin Cement since 2007. Previously completed cement waste-heat power generation projects for Tiexin Cement have been fully operational and connected to the grid. Tiexin has been satisfied with the quality of our work in the past."
Source: http://www.apowerenergy.com/