Pursuant to the renewed license agreement, Fuhrlander granted A-Power the right to manufacture, operate, service and sell 2.5 MW wind turbines using Furhlander’s F2500 technology throughout China.
"This license agreement with Fuhrlander represents a great opportunity for A-Power to bolster its position in the market of high capacity 2.5 MW wind turbines, as the wind industry is increasingly transitioning to higher capacity wind turbines," Mr. Jinxiang Lu, Chairman and Chief Executive Officer of A-Power, commented.
"Wind farm business is a key component of our long-term growth strategy for A-Power. We’re very excited with the prospects that our partnership with Fuhrlander provides, which will allow us to continue to extend our presence in the market and to realize our goal of becoming a leading turbine manufacturer in China."
A-Power Energy Generation Systems, Ltd. ("A-Power") is an engineering, procurement and construction ("EPC") services company. Through its China-based operating subsidiaries, it is the largest provider of distributed power generation systems in China and is expanding into the production of alternative power generation systems.
Focusing on energy-efficient and environmentally friendly projects of 25 MW to 400 MW, A-Power operates one of the largest wind turbine manufacturing facilities in China and in March 2009, entered into an agreement to establish a joint venture partnership with GE Drivetrain Technologies to produce wind turbine gearboxes in Shenyang, Liaoning Province.
It also acquired Evatech, a designer and manufacturer of industrial equipment for amorphous-silicon (a-Si) photovoltaic (PV) panels, in 2010.
In addition to the establishment of strategic relationships with the world’s leading wind energy design and engineering companies, A-Power has formed joint research programs with Tsinghua University and the China Academy of Sciences to develop and commercialize other renewable energy technologies.