GE Drivetrain Technologies And A-Power Energy Generation Systems Ltd. Sign Supply And Joint Venture Partnership Agreements

New York - GE Drivetrain Technologies, a unit of GE Transportation, and A-Power Energy Generation Systems Ltd. announced recently that the companies have signed agreements for GE Drivetrain Technologies to supply A-Power with 2.7 megawatt (MW) wind turbine gearboxes and to establish a Joint Venture partnership for a wind turbine gearbox manufacturing plant in China. The contracts follow the signing of letters of intent in January of this year.

The agreements support China's initiative to increase wind energy output from one gigawatt in 2005 to 100 gigawatts by 2020 and are the basis for additional future investments by GE Drivetrain Technologies in its local supply chain and advanced wind turbine drive train products.

SOURCE: GE Drivetrain Technologies