Tag Archives: GE Drivetrain Technologies

A-Power (APWR) Signs Wind Turbine Gearbox Deal With GE, Shares Rise

A-Power announced yesterday that it has signed a deal for a joint venture with GE Drivetrain Technologies.Under the terms of the agreement, the companies will work together to create a wind turbine gearbox assembly business. GE Drivetrain will own the majority of the business.

The companies also entered into a supply agreement, under which GE will provide more than 900 2.7 MW gearboxes to A-Power, starting in 2010.

According to CNN Money:

The companies said

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