A-Power Energy Generation Systems, Ltd Announces EPC Contract Worth $242M

A-Power Energy Generation Systems, Ltd. APWR today announced the signing of an EPC contract to build two 12MW and two 75t/h power plant projects in Liancheng, a total contract value of RMB 242 million. The Company anticipates that it will recognize revenue over the 19-month anticipated implementation period on the percentage of completion method it customarily employs for projects in its DG business.