China Wind Systems nabs order for solar cell manufacturing equipment components
(ADPnews) - Nov 8, 2010 - Wind power components supplier China Wind Systems Inc (NASDAQ:CWS) said Monday it had secured a USD-1-million (EUR 718,000) order to deliver precision-manufactured subassemblies for solar cell manufacturing equipment.
The company did not provide any details on the customer, saying that it will conduct an inspection of sample units before this year's end as a necessary condition for the deal to take place. If the inspection is successful, delivery of the units will be completed in the first half of 2011.
China Wind Systems expects that it can receive follow-on orders from the customer of between USD 12 million and USD 20 million in 2011 if the current contract is successful.