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Germany & China: EU Energy’s ships wind turbines from Port of Hamburg to Shanghai |
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Tuesday, 26 September 2006 |
Company news:
Composite Technology Corporation (CTC) (BULLETIN BOARD: CPTC) is pleased to announce that its EU Energy subsidiary has shipped last Friday, 22 September, four DeWind D6 wind turbines from the port of Hamburg, Germany to Shanghai, China to its customer, Shanghai Electric Group. The aggregate value of this shipment is euro 3.54 million ($4.53 million) and represents partial shipment of a previously announced order of euro 13.71 million ($17.54 million) being fulfilled by EU Energy's facilities in Lubeck, Germany. Shanghai Electric Group holds a license to manufacture and sell our DeWind D6 turbines in China and these shipments represent steps in the organisation of production at their facilities.
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Last Updated ( Tuesday, 26 September 2006 )
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