


|


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
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
"We are proud to announce our second wind farm full-responsibility project,
after our Inner Mongolia project announcement in September," said Mr.
About A-Power
A-Power Energy Generation Systems Ltd. ("A-Power"), through its
Safe Harbor Statement
This press release may contain forward-looking statements. Any such
statement is made within the 'safe harbor' provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking statements
can be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and other similar
statements. Statements that are not historical facts, including statements
relating to anticipated future earnings, margins, and other operating results,
future growth, construction plans and anticipated capacities, production
schedules and entry into expanded markets are forward-looking statements. Such
forward-looking statements, based upon the current beliefs and expectations of
our management, are subject to risks and uncertainties, which could cause
actual results to differ materially from the forward-looking statements,
including but not limited to, the risk that: inclement weather conditions
could adversely affect our operating results in particular quarters and/or
fiscal years; we may experience construction and development delays on our
projects which could adversely affect our financial condition and operating
results; our limited operating history and recent entrance into new markets
may make it difficult for you to evaluate our business and future prospects;
the expected benefits of supply and partnership agreements may not materialize
to the extent expected or at all; we expect to rely increasingly on our
proprietary products and systems and on technology developed by our licensors
and partners, and if we or our licensors or partners become involved in an
intellectual property dispute, we may be forced to spend considerable
resources resolving such dispute; a decrease in the rate of growth of
For more information, please contact:
Mr. John S. Lin
Chief Operating Officer
A-Power Energy Generation Systems
Email: john@apowerenergy.com
Mr. Valentine Ding / Mr. Dixon Chen
Investor Relations
Grayling
Tel: +1-646-284-9412
Email: valentine.ding@us.grayling.com
dixon.chen@us.grayling.com
SOURCE A-Power Energy Generation Systems Ltd.



| ||||||
