Archive for July 31st, 2009

When one tries to do models and spreadsheets, one has to ”value” a company based on future valuations and future models and spreadsheets looking forward. Right now, nobody has a handle nor an estimate of how to value the GE/APWR gearbox joint venture or the Shenyang Power Alliance. Most analysts dont even look into future growth models cause they need predictability models and past history models to put forward their swag methods of future valuations. Well, for the “”INVESTORS”"” with VISION and KAHOONAS, APWR is your ticket for 2015. Why do I say this?? Well, look below and tell me the valuations of the various parts and pieces that add up to the whole of China green growth going forward. Why did GE pick APWR for the joint venture project???? What revenues will APWR produce in 2011 with the “”Lucky Wind Company”??????

For aggressive investors, look for “”REVENUE GROWTH”" and margin expansion which fits APWR with past history and future potential earnings makes the past look like slow motion.

Subsidiaries of A-Power Energy Generation Systems, Ltd.

1. Head Dragon Holdings Limited Hong Kong Direct 100%

2. Liaoning GaoKe Energy Group Company Limited People’s Republic of China Indirect 100%

3. Liaoning GaoKe (High-Tech) Energy Saving and
Thermoelectricity Design Research Institute
People’s Republic of China Indirect 51%

4. Liaoning International Construction and Engineering
Group Limited
People’s Republic of China Indirect 90%

5. Easy Flow Limited Hong Kong Direct 100%
Shenyang (Ruixiang) Lucky Wind Power Equipments
Co., Ltd.
People’s Republic of China
Indirect
100%

6. Shenyang (Jinxiang) Gold Luck Electric Power
Equipment Co., Ltd.
People’s Republic of China Indirect 80%
(Wind turbine production plus wind farm ownership)

Partnerships /Joint Ventures
1. *Shenyang Power Group, (Indirect) 60% (This may be classified as a Subsidiary or partnership. Time will tell)

2. GE /APWR (to jointly build a wind power gear box assembly plants.)
Indirect 25% ? (Can’t remember the exact percentage)

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  • Filed under: General
  • China Outlines Clean Power Blueprint
    By TONY JIN
    Published: July 31, 2009 06:04 PM
    China’s wind farms generated 11.8 million kW of power in the first 6 months of 2009, up 101% year-on-year, State Grid said Thursday. By 2020, 17% of the nation’s electricity generators are expected to be powered by clean energy totaling 290 million kW, where nuclear power will hit 86 million kW, wind power 150 million kW, solar power 20 million kW, and biomass 30 million kW, a National Development and Reform Commission researcher told China Business News. Environmentally friendly generators produced 21 million kW accounting for just 3% of all across China in 2008, with nuclear power contributing 8.8 million kW (up 113% year-on-year), solar power 140,000 kW (up 40% year-on-year), and biomass 3 million kW, according to State Grid vice manager Shu Yinbiao.

    I keep harping and pounding the table on China gets the need for more wind power and is going to expand beyond my wildest dreams for clean power going forward. Yes, China was the biggest polluter followed closely by USA in coal production. Why is it that ””China gets it going forward and we in the USA are just talking alot like T Boone Pickens”???

    The United States government must step up to the plate and authorize transmission lines from the plains to the populated centers of the west and build from North Dakota to the populated Chicago midwest regions. Its the only way wind developers in the USA are going to spend money on future clean power in the midwest!!

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  • Filed under: General
  • AMSC Soars on China Wind Demand

    Devens, Massachusetts-based American Superconductor (NASDAQ: AMSC – News) shares are trading higher by 30% today after the company posted net income of $1.8 million or 4 cents a share on record revenue. The company also boosted its full year guidance, now projecting EPS of 41 to 47 cents a share on revenue between $260 and $270 million. The outlook is a significant improvement over the company’s prior forecast of 27 to 30 cents in EPS on $225 to $435 million in revenue. Meanwhile the company’s largest customer, China’s Sinovel Wind, just upped its contract by $20 million to $470 million.

    As a whole, the Wind Energy Stocks Index is up by 4.7% today. It is now beating the S&P 500 fractionally over the last month

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  • Filed under: General
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