Since June 2009 , this NEWS of a convertible was known to raise money for the wind components that will provide growth and hundreds of millions of revenues for the future of APWR. Maybe a buying opportunity tomorrow for the last time this year of 2009.

6,844,041

Common Shares

A-Power Energy Generation Systems, Ltd.

This prospectus relates to the registration of 6,844,041 of our common shares which are issuable upon conversion of our outstanding convertible notes or exercise of our warrants issued on June 19, 2009. None of the convertible notes or warrants have been converted or exercised for our common shares as of the date hereof. The common shares are being registered pursuant to the requirements of a registration rights agreement dated June 18, 2009 among us and the holders of the convertible notes and warrants, to permit such holders, upon conversion of the convertible notes or exercise of the warrants, to sell the common shares from time to time in the public market.

We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of shares hereunder.

The common shares covered by this prospectus may be offered or sold from time to time directly to purchasers or through agents, underwriters, brokers or dealers at prevailing market or privately negotiated prices and on other terms to be determined at the time of sale. See “Plan of Distribution.”

Our common shares are listed on the Nasdaq Global Select Market under the trading symbol “APWR.” On November 20, 2009, the last reported sale price of our common shares was $13.78 per share.

as I have said, I love the AMSC story but the HIGH P/E gives me heartburn unlike APWR with a p/e of 13, AMSC P/E is 27 going forward

PEG of APWR is .65, PEG of AMSC is 3.86

I like AMSC but ???????

Piper Jaffray Reiterates an ‘Overweight’ on American Superconductor (AMSC); Multi-Pronged Growth Strategy on Track
10:00 am ET 11/20/2009 – StreetInsider
Piper Jaffray & Co. reiterates an Overweight rating on American Superconductor (Nasdaq: AMSC), price target $45. Piper analyst says, “We reiterate our Overweight rating on increased visibility into China wind growth. Using a sum of the parts valuation, we value the AMSC Power Systems business at $44, based on ~34x our CY2010 segment GAAP EPS estimate of $1.30 (from $1.29) ” a premium with the leading wind peer multiple of ~23x given its higher growth and margin. Also, AMSC is essentially insulated from the credit crisis affecting the European and North American wind industry and is not at risk of delayed US stimulus spending. We value Superconductors business at $1, based on EV of ~4x CY10 segment revenue of $9.2M given the strategic value and long term potential.”

will China Wind Systems have another APWR move in its future by end of 2010??? APWR sure took off from where I started studying APWR at $ 4 bucks per share.

Is China Wind Systems (soon to get NAZ listing CHWY.ob) $CHWY soon to move UP given the growth in wind and profits for wind power for China in gearboxes ?

The following is from the BEST writer on the net in following stocks Jan814:

Even I was surprised at the strength of CHWYs Q3 results especially since I had projected revenue of $14.25 million and they came in at $16.13 million. That was a hefty 37.1% gain over Q3 of last year and was even up 18.8% sequentially from Q2. My $.09 per share EPS estimate was right on the money but that was because I used fewer F/D shares than Q3 ultimately called for. So I will be refining my Q4 and FY 2010 projections.
The transition from textile revenues to forged product revenues continues. In Q3, the percent of total revenue generated from wind turbine sales was the highest ever at 42.9%. The other numbers were all good especially considering we incurred a “deemed preferred stock dividend” which reduced the net by $.462 million. That “deemed dividend” was a one time charge and a non-cash charge but still impacted the net by a little bit. Also, we continue in a transition phase from textiles to forged products. I liked the increase in cash & cash equivalents and the working capital position. Long term debt is not troublesome at $.665 million.
Here are a few items from the earnings release and conference call.
1) The Company has filed for a major listing and the filing is with NASDAQ.
2) In Q3, wind related forging revenue was up 176% from a year ago.
3) Electro-Slag (ESR) operations will begin mid 2010. The ESR facility will have an annual capacity of 6000 tons and the product will sell for about $4400 per ton which is well above the current price on current products.
4) The $14 million Chingxi Shipyard project is on its delivery schedule (will end in June of 2010). CHWY is negotiating to extend the contract with more product.
5) With the current cash position and with the ESR facility funding in place, CHWY has no immediate need for new funding
6) The textile business, though contributing less revenue than last year, continues to generate positive cash flow, contributes to earnings, and has a stable customer base.
7) Even though China is seeing an excessive supply of end item wind turbines relative to demand, CHWY is not seeing an impact on their components, especially since their components go into gear boxes and yaw bearings which remain in short supply.
As I mentioned a couple of days ago, CHWY has a couple of presentations coming up on November 20th and December 8th, but the next big event at CHWY may be the NASDAQ listing. That could bring a lot of recognition to China Wind Systems. As Rick Pearson said in one of his articles on the uplisting of stocks:
“— the uplisting represents the beginning of the institutions just getting into a newly available stock”
He also says:
“Once the uplist occurs, it is typically too late to get the pre-list value.”

It normally takes four to six weeks after filing, for NASDAQ to approve a new listing.
Since the CHWY filing is already in, we could get a nice Christmas gift from CWHY wrapped in NASDAQ paper complete with green ribbon and a green bow.

as early adapters and those with vision come into a crossing of price vs expectations, its time for me to weigh in on my thinking and my plans……….

I came up with the WIND VISION about 18 months ago….after cycling through hundreds of wind companies, APWR was chosen to be the JOCKEY to ride the CHINA HORSE RACE into the future…………as U reflect on your futures, remember, we have only scratched the surface of my expectations for this company!

In Crossing the Chasm, Moore begins with the diffusion of innovations theory from Everett Rogers, and argues there is a chasm between the early adopters of the product (the technology enthusiasts and visionaries) and the early majority (the pragmatists). Moore believes visionaries and pragmatists have very different expectations, and he attempts to explore those differences and suggest techniques to successfully cross the “chasm,” including choosing a target market, understanding the whole product concept, positioning the product, building a marketing strategy, choosing the most appropriate distribution channel and pricing.

Make SURE U are embedded and positioned for FUTURE GROWTH MULTIPLES beyond your wildest dreams and dont trade for quarters when U must be investing for TENS of DOLLARS in three years time frame………

Find your “”ZEN STATE”"”" of comfort and ride the wave…….a RISING TIDE LIFTS all SHIPS ”””’

and rememer, it ONLY takes “”"ONE MACAU MOMENT”"” to change your entire life and fortune down the road !!!

Skibare

well, folks, the research and time I have spent is ””just beginning ” to pay off for those LONG $APWR for the future……..again, this aint a quick jerk movement, this is a five year PLAN I have put into place…………the research, the website, the PLAN, and picking the “”RIGHT HORSE FOR THE RACE OF A LIFETIME”"”

This MAGNITUDE MOVE is just the beginning……….10 years from now, how much will APWR be worth to you ????

China news article (Part 2) 23-Nov-09 07:59 am Wang Ying, vice mayor of Shenyang City, said earlier that the establishment of Power Group will Shenyang equipment manufacturing firms to go abroad to play, “Shenyang equipment” of the brand effect, play a great role.
Lin Shen that, while involved in wind energy market, time is very short, but first the energy used at present the most advanced technology, product quality has adequate safeguards, it is able to participate in the U.S. supply of equipment and wind power plants in the United States to invest in building Plant main reason.

Six months to complete three-year target
It is understood that the group level to the development of Shenyang Power Group location, in the company after its establishment, will be entirely in accordance with the development of management of listed companies, and strive to 3 years available. At the same time, using three-year period towards the target of 10 billion turnover, with no more than 10 years to achieve an annual turnover of more than 500 billion yuan, among the hundred of domestic enterprises.
Just a few months, Shenyang Power Group has received orders for 1.5 billion U.S. dollars, it seems that within six months to achieve a three-year goals.
Lin Shen that, although it is very close to the target, but it can not be said to have fully achieved, as far as he revealed that the wind farm is expected to put to use the time in 2011, “until the moment came to make money, be considered a true success . ”
However, Lin Shen told reporters, “100 billion in turnover and the market within three years, are our goals, both have to be realized.”
NDRC Energy Research Institute Research Center for Renewable Energy Development Wang Zhongying, Director of the “Daily Economic News” said that at present wind power generation needs of the United States is the biggest country, while China is the fastest growing wind power equipment manufacturing country, China’s equipment manufacturing growth of a very good and take the path of globalization of Chinese enterprises is the inevitable path of globalization.
However, the Federation of Industry New Energy Chamber of Commerce, Executive Secretary, Wang on sea-to-first development model of the energy group expressed some doubt.
WANG Yue-hai that the first energy group if you want to have long-term, sustainable development or “should be more effort in the core technology.”

?Author: Lang Zhen Every time there was a trainee journalist from Beijing Source: NBD? (Editor: Wang Yingchun)

“>some of U who read this blog are going to be VERY HAPPY to share the love of Wind Power cause U have made a fortune over the year in Wind Power

A sure ”’conversation”” piece for the Wind future!

Skibare

AS APWR roars into the clear blue sky ahead, always TRY and give back in some small way in society!

for some of U following the story of APWR and Shenyang Power alliance, this is HUGE HUGE news as APWR is going to roll out the Shenyang Power Group to a public traded company and the 10 year targets are 100 BILLION YUAN……….

Six months to complete three-year sales target, Shenyang Power Group listing can be expected
http://www.nbd.com.cn2009-11-18 23:16:56 Source: NBD
Every time there was a trainee journalist from Beijing Lang Zhen
Among the high ranking U.S. officials in clean energy research firm commitment to increasing the time the new Sino-US energy companies are busy.
17, No. 1 Energy Group Chief Operating Officer, Group Managing Director Lin Shen, Shenyang power to the “Daily Economic News” said, Shenyang Power Group and the West Texas wind power project contract was formally signed next month, next year in March in the first batch units can be delivered, the new turbine factory in a formal contract is expected to sign early next year.
Prior to this, the first Energy Group (APWR) and the United States Renewable Energy (US-REG) signed an agreement of intent, work together to build turbine factory in the United States. The three weeks before the first energy holding Shenyang Power Group also won the Sino-US enterprises in the new maximum amount of energy an agreement – as investment in the west Texas wind farm of up to 1.5 billion U.S. dollars of the fan supplier.
Lin Shen also said that, Shenyang Power Group will be three years, seeking to A shares or H-share listed.
Wind Power Equipment recruits
For the supply of equipment will sign a formal contract, Lin Shen expressed optimism, “and the United States is currently the local government to discuss network issues, but is progressing very well, most of the matter is over, is now working on wind power equipment, the exchange of data to work on next year’s March delivery can begin. ” From the contact to the agreement be signed, took only six weeks time.
For this high efficiency, Lin Shen explained that the Energy Group is the first NASDAQ listed company in the United States itself has a high degree of attention. In addition, the first energy holding of Shenyang, Shenyang Power Group has a government background, “foreign firms are willing to and ownership of government-backed enterprises to cooperate.”
“In the current U.S. wind power plant equipment suppliers, we are the only suppliers from China,” Lin Shen added.
First Energy Group was established in 2003, it is concerned about the distributed power generation in China, design, construction and installation. Distributed generation involves the production of energy used to provide high performance and reliability of a large centralized power generation. However, in the fan equipment, the first energy group is a “new recruits.”
In 2008, the first wind energy began to get involved in Shenyang build China’s largest wind turbine manufacturing facility in Germany Flanders (Fuhrlander AG) and Denmark Norwin’s technology licensing, the annual total production capacity of 1125 MW. In March 2009, the first Energy and General Electric (GE) entered into a cooperation agreement, the joint production of wind turbine gearbox, the project on 15 square meters, total investment of 120 million U.S. dollars. Produce 2.5 MW wind turbines, the annual output of 300 units.
June 8 this year, in the lead and the Shenyang municipal government under the auspices of the First Energy Group was established in Shenyang Power Group Co., Ltd., registered capital of 1 billion yuan. Among them, the first energy group accounted for 60% of the Shenyang city government holds 20% of the shares.