Cleantech Solutions Receives Wind Power Component Orders From Chinese Company

Posted by NAW Staff on May 23, 2012 No Comments
Categories : FYI

Cleantech Solutions International Inc. – a manufacturer of metal components and assemblies primarily used in the wind power, solar and other clean technology industries – says it has received purchase orders to supply motor shaft forgings to China-based Nanjing Turbine & Electric Machinery Changfeng Alternative Energy Co. Ltd. for an aggregate amount of $1.7 million.

The purchase orders provide that Cleantech Solutions will deliver a total of 800 units of motor shaft forgings, amounting to total revenue of RMB 10.6 million (approximately $1.7 million) by the end of this year. The company has received advance payments of RMB 1.6 million (approximately $300,000).

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