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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 [...]

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A-Power Energy (APWR) Adds Thin Film Solar To The Mix With EvaTech Purchase

A-Power Energy (APWR) is becoming quite the one stop shop for greenenergy solutions in China.  The company is now involved in windturbines, biofuels, LNG and with today’s announcement of its MOU to purchase EvaTech,thin film solar.  The all cash transaction of $50 million will befunded by government subsidies (about 40 – 45%) and loans.  APWRexpects [...]

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