Cleantech Solutions International Inc. – a China-based 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 flanges to a wind power customer and an industrial customer for an aggregate amount of $1.9 million.
The purchase orders provide that Cleantech Solutions will deliver 12 units of flanges, amounting to total revenue of $1.2 million to an international customer and 30 units of flanges amounting to total revenue of RMB 4.2 million (approximately $700,000) to a domestic customer, both of which are deliverable by the end of this month. The company has received advance payments of $800,000.
