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April 29, 2011 /PRNewswire-Asia-FirstCall/ -- A-Power Energy Generation Systems, Ltd. ("A-Power," Nasdaq: APWR), a leading provider of distributed power generation systems in
China and a manufacturer of wind turbines, today announced that Mr.
Jinxiang Lu, A-Power's Chairman and Chief Executive Officer, attended a meeting between a delegation of government officials and businessmen from the city of
Shenyang and U.S. Senate Majority Leader
Harry Reid (D-
April 22, 2011. Senator Reid was leading a senior U.S. congressional delegation in
Mr. Lu took this opportunity to update Senator Reid on A-Power's progress in establishing a wind turbine assembly facility planned for
A-Power plans to construct its first US turbine assembly facility, which is expected to be located in
Nevada. A-Power is currently leasing a 36,000 square foot temporary facility in
Henderson, Nevada. A-Power is seeking to assemble wind turbines in
the United States that are intended to supply Spinning Star Energy LLC's ("Spinning Star") proposed wind energy power plant in west
Texas and to other future customers in North and
South America. A-Power presently expects that it will need to secure external financing for the wind turbine assembly facility. The availability of such external financing is not assured.
Spinning Star is the joint venture enterprise owned by United States Renewable Energy Group Wind Partners I, LLC and Shenyang Power Group that was founded to develop and operate a wind power generation project of approximately 615 megawatt of capacity in west
Texas. This wind project is currently under development and requires additional external financing for completion. The availability of such financing is not assured.
A-Power Energy Generation Systems, Ltd. ("A-Power"), through its
China-based operating subsidiaries, is a leading provider of distributed power generation systems in
China and is expanding into the production of alternative power generation systems. Focusing on energy-efficient and environmentally friendly distributed power generation projects of 25 to 400 megawatts, A-Power also operates one of the largest wind turbine manufacturing facilities in
China. A-Power acquired Evatech Co. Ltd., a designer and manufacturer of industrial equipment for amorphous-silicon photovoltaic panels, in
January 2010, and acquired Hallys Corporation in
In addition to the establishment of strategic relationships with some of the world's leading wind energy design and engineering companies, A-Power has formed joint research programs with Tsinghua University and the China Academy of Sciences to develop and commercialize other renewable energy technologies.