A-Power, Thailand Electricity Co. to Build Renewable Biomass Power Plant

Shenyang, China, Dec. 22, 2009 — A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR), a leading provider of distributed power generation (DG) systems in China and a fast-growing manufacturer of wind turbines, today announced it has signed a definitive DG contract with Thailand’s Biomass Electricity Co., Ltd. to develop a 150 MW renewable biomass firing power plant in Prachinburi, Thailand.


(For more renewable energy news, click here.)    


This contract covers the design of the power station, the procurement and installation of the three main engines and other auxiliary equipment. In addition, A-Power will be the general contractor for the five main power station systems: the civic engineering system, the chemical water treatment system, the output system, the electrical system and the thermal control system.


(For more biomass news, click here.)


The total value of the contract is US$ 86 million, which includes fees related to design and installation, and expenses related to procurement and sub-contracting with third-party vendors and construction companies. This biomass DG project has commenced in December and the estimated duration of the project is 27 months.


A-Power Energy Generation Systems Ltd., through its China-based operating subsidiaries, is the largest provider of distributed power generation systems in China, focusing on energy-efficient and environmentally friendly projects of 25 MW to 400 MW. In 2008, A-Power entered the wind energy market and has built China’s largest wind turbine manufacturing facility, located in Shenyang, Liaoning Province, with technologies licensed from German FUHRLANDER AG and Denmark-based Norwin, and a total annual production capacity of 1,125 MW. In March 2009, A-Power entered into an agreement to establish a joint venture partnership with GE Drivetrain Technologies to produce wind turbine gearboxes in Shenyang. A-Power also has strategic relationships with Tsinghua University in Beijing and the China Academy of Sciences in Guangzhou to develop and commercialize other renewable energy technologies.



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