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There's not a lot of verifiable info on A-Power, much of what i've learned is through direct contacts with analysts.  I've been told that the father of A-Power's president is in jail in the US for securities fraud, which analysts claim to have verified, but i haven't.

What's most important to me is that industry history makes it unlikely that the turbine will be successful, despite its pedigreed design. The turbine has been undergoing testing in Germany since 2008, and there are several dozen installed this year in Europe. i was impressed when i visited three of them, after two days with the design team.

Chinese turbines' capacity factor is far lower than standards here, and that's for the best machines. it will take a minimum of 3-5 years before European quality begins to be reached, and likely longer.

Here's the turbine on the highest tower in the world, 160m.

What's even weirder about the story is that A-Power's license is upgraded from the somewhat tested 2.5 design to the untested 2.7MW version.

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Tue Nov 10th, 2009 at 05:31:41 PM EST
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