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Alternative Energy: A-Power Renews German Turbine Agreement

July 29, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR), a provider of distributed power generation systems in China and a manufacturer of wind turbines, said that it renewed its license agreement with German wind technology company, Fuhrlander AG.

Under the renewed license agreement, Fuhrlander granted A-Power the right to manufacture, operate, service and sell 2.5 megawatt wind turbines using Furhlander's F2500 technology throughout China.

A-Power CEO Jinxiang Lu said, "This license agreement with Fuhrlander represents a great opportunity for A-Power to bolster its position in the market of high capacity 2.5MW turbines, as the wind industry is increasingly transitioning to higher capacity turbines."

China-based A-Power Energy Generation Systems is an engineering, procurement and construction services company. Through its China-based operating subsidiaries, it is a provider of distributed power generation systems in China and is expanding into the production of alternative power generation systems.

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