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As of October 30, 2009, GC China Turbine Corp. was acquired by Wuhan GC-Nordic New Energy Co.,Ltd., in a reverse merger transaction. GC China Turbine Corp. manufactures wind turbines.
GC China is a leading manufacturer of state-of-the-art 2-bladed wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture a groundbreaking technology which meets rigorous requirements for low-cost and high reliability.
The technology was developed through a 10 year European research project costing over $75 million. GC China's launch product is a 1.0 megawatt ("MW") utility scale turbine with designs for a 2.3MW and 3.0MW utility scale turbine in development.
The Company's initial efforts have been rewarded with contracts of approximately $128 million to-date.
Information provided by Capital IQ.
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PRESENTATION
Track Two - 7:30 am
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Presenting Companies:
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