A-Power Subsidiary Awarded $1.7 Million Solar Contract $APWR

According to this press release,A-Power just announced that its wholly-owned subsidiary, EVATECH, hasbeen awarded a $1.7 million contract by an unnamed a Chinese leadingrenewable energy company. Under the terms of the agreement, EVATECHwill design, build and install one set of photovoltaic solar machines,which it is expected to ship on May 31, 2010. The Chinese company hasalready made a downpayment.

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A-Power (APWR) Subsidiary Awarded $1.7 Million Solar Contract