let the games begin again as (APWR) is going to deliver USA jobs and USA Wind Farms to Texas............
Press Release Source: A-Power Energy Generation Systems, Ltd. On Thursday March 11, 2010, 7:00 am
WASHINGTON, March 11 /PRNewswire-Asia-FirstCall/ -- The U.S. Renewable Energy Group (US-REG), A-Power Energy Generation Systems, Ltd. (Nasdaq:APWR - News), and American Nevada Group ("ANC") today announced the development and construction of a new production and assembly plant in Nevada that will supply highly advanced wind energy turbines to renewable energy projects throughout North and South America. The state-of-the-art facility will be approximately 320,000 square feet with annual production capacity of 1,100 megawatts of wind energy turbines annually, enough to power 330,000 homes. The facility is expected to employ approximately 1,000 Nevada workers and create even more jobs during the construction process. ANC will identify potential sites for the facility and will develop the facility for the group.
United States Senate Majority Leader Harry Reid (D-NV) is a leader in developing America's renewable energy sector and his commitment to the sector and to promoting investment in Nevada was instrumental to the decision to locate the new facility there. The wind turbine production and assembly plant will create over 1,000 high paying long-term jobs in Nevada and provide a major financial boost to the local and surrounding economies. The affordable real estate in Nevada and the proven track record of Nevada's skilled workforce made Nevada the ideal location for the assembly and production plant. In addition to production and assembly at the new plant, most of the key wind turbine components will be made by domestic U.S. manufacturers. When A-Power selects a suitable site, it intends to arrange the financing of the costs of site acquisition and the construction and operation of the assembly facility from its own funds.
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The stock price has suffered due to uncertainty in financing the Texas Wind Farm project. If a $38 million contribution to their newly formed LLC and a commitment to employ 1000+ Americans isn't an indication enough to load up on this one then i don't know what is. Texas will no doubt get their financing and APWR's SP will blow over $30 before 2010 is up.
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APWR to Build 1000 Job USA Wind Turbine Plant 2 comments
WASHINGTON, March 11 /PRNewswire-Asia-FirstCall/ -- The U.S. Renewable Energy Group (US-REG), A-Power Energy Generation Systems, Ltd. (Nasdaq:APWR - News), and American Nevada Group ("ANC") today announced the development and construction of a new production and assembly plant in Nevada that will supply highly advanced wind energy turbines to renewable energy projects throughout North and South America. The state-of-the-art facility will be approximately 320,000 square feet with annual production capacity of 1,100 megawatts of wind energy turbines annually, enough to power 330,000 homes. The facility is expected to employ approximately 1,000 Nevada workers and create even more jobs during the construction process. ANC will identify potential sites for the facility and will develop the facility for the group.
United States Senate Majority Leader Harry Reid (D-NV) is a leader in developing America's renewable energy sector and his commitment to the sector and to promoting investment in Nevada was instrumental to the decision to locate the new facility there. The wind turbine production and assembly plant will create over 1,000 high paying long-term jobs in Nevada and provide a major financial boost to the local and surrounding economies. The affordable real estate in Nevada and the proven track record of Nevada's skilled workforce made Nevada the ideal location for the assembly and production plant. In addition to production and assembly at the new plant, most of the key wind turbine components will be made by domestic U.S. manufacturers. When A-Power selects a suitable site, it intends to arrange the financing of the costs of site acquisition and the construction and operation of the assembly facility from its own funds.
Author is VERY LONG APWR
Disclosure: Author is APWR fanatic
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