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A-Power Energy (APWR) To Construct Wind Turbine Production Facility in Mongolia
A-Power Energy (APWR) has entered into an MOU agreement with Mongolia to construct a new 290,000 square foot wind turbine production facility with the capacity to produce approximately 800 MW of wind turbines each year.
"The new facility will be similar in size to the first phase of our facility recently completed in Shenyang and its strategic location will be advantageous to serve this particular part of Inner Mongolia’s wind belt. We plan to begin construction on this facility in October 2008 and it is expected to be completed in July 2009 at a cost of approximately $20 million."
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