A-Power (APWR) Subsidiary Awarded $1.7 Million Solar Contract

According to this press release, A-Power just announced that its wholly-owned subsidiary, EVATECH, has been awarded a $1.7 million contract by an unnamed a Chinese leading renewable energy company. Under the terms of the agreement, EVATECH will design, build and install one set of photovoltaic solar machines, which it is expected to ship on May 31, 2010. The Chinese company has already made a downpayment.


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