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.