A-Power Energy (APWR), once a high flying China wind play now trading less than 6 bucks a share is announcing some decent contracts. Today, it announced the 2nd contract with China National Automation and this one is 10x the size of the previous contract announced just a few days ago. Under this contract APWR will deliver 50 2.7MW wind turbines by July of next year.
Said the CEO, “We are currently in late-stage discussions … Read the rest