A-Power Energy Generation Systems Ltd. to Develop a 49.5MW Wind Farm in Inner Mongolia...

A-Power Energy Generation Systems Ltd. to Develop a 49.5MW Wind Farm in Inner
Mongolia for Jihe Orient Wind Energy Co., Ltd.
-- $90.5M contract includes equipment, construction and installation --

SHENYANG, China, Sept. 15 /PRNewswire-Asia-FirstCall/ -- A-Power Energy
Generation Systems Ltd. (Nasdaq: APWR) ("A-Power" or "the Company"), a leading
provider of distributed power generation ("DG") systems in China and a
fast-growing manufacturer of wind turbines, today announced the Company has
won a "full-responsibility" contract to develop a 49.5MW wind farm in the
township of Saiwusu, Guba County, Inner Mongolia ("the Saiwusu Wind Farm"),
for the Urat Rear Banner-based Jihe Orient Wind Energy Co., Ltd. ("Jihe
Orient"). The total value of the contract is $90.5 million.
A-Power is to supply the wind turbines, the towers and the foundations,
and oversee the construction, subcontracting and installation for this
project.
The estimated cost breakdown is as follows: equipment procurement $84.2
million; construction and installation $4.8 million; miscellaneous $1.5
million. The project is due to commence early October this year and the
estimated completion time is June 2010.
The Saiwusu Wind Farm project, owned by Jihe Orient, has been approved by
the National Resources Bureau of the Inner Mongolia Autonomous Region and the
permit for transmission to the electricity power grid has been issued by the
Inner Mongolia Power Co. Its feed-in tariff also has been approved by China's
National Development and Reform Commission.
"We are truly excited to embark on our first wind farm full-responsibility
project," said Mr. Jinxiang Lu, Chairman and CEO of A-Power. "Inner Mongolia
as we all know has the most promising wind energy potential among all of
China's provinces. Among the 787GW estimated exploitable wind power, only
1.6GW in capacity had been developed and installed as of September 2008,
according to the Chinese Renewable Energy Industry Association. A-Power is
very proud to set its foot in a region with such vast resources. We look
forward to leveraging our superior wind turbine technologies, our engineering
and construction expertise and our excellent relations with local governments,
and making headways as a participant in the robust growth of the wind power
market of China."
About A-Power
A-Power Energy Generation Systems Ltd. ("A-Power"), through its
China-based operating subsidiaries, is the largest provider of distributed
power generation systems in China, focusing on energy-efficient and
environmentally friendly projects of 25MW to 400MW. In 2008, A-Power entered
the wind energy market and has built China's largest wind turbine
manufacturing facility, located in Shenyang, Liaoning Province, with
technologies licensed from German FUHRL?NDER AG and Denmark-based Norwin, and
a total annual production capacity of 1,125MW. In March 2009, A-Power entered
into an agreement to establish a Joint Venture partnership with GE Drivetrain
Technologies to produce wind turbine gearboxes in Shenyang. A-Power also has
strategic relationships with Tsinghua University in Beijing and the China
Academy of Sciences in Guangzhou to develop and commercialize other renewable
energy technologies. For more information, please visit
http://www.apowerenergy.com .
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This press release may contain forward-looking statements. Any such
statement is made within the 'safe harbor' provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking statements
can be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and other similar
statements. Statements that are not historical facts, including statements
relating to anticipated future earnings, margins, and other operating results,
future growth, construction plans and anticipated capacities, production
schedules and entry into expanded markets are forward-looking statements.
Such forward-looking statements, based upon the current beliefs and
expectations of our management, are subject to risks and uncertainties, which
could cause actual results to differ materially from the forward-looking
statements, including but not limited to, the risk that: inclement weather
conditions could adversely affect our operating results in particular quarters
and/or fiscal years; we may experience construction and development delays on
our projects which could adversely affect our financial condition and
operating results; our limited operating history and recent entrance into new
markets may make it difficult for you to evaluate our business and future
prospects; the expected benefits of supply and partnership agreements may not
materialize to the extent expected or at all; we expect to rely increasingly
on our proprietary products and systems and on technology developed by our
licensors and partners, and if we or our licensors or partners become involved
in an intellectual property dispute, we may be forced to spend considerable
resources resolving such dispute; a decrease in the rate of growth of China's
industry and economy may lead to a decrease in our revenues because industrial
companies in China are our principal source of revenues, as well as other
relevant risks detailed in our filings with the Securities and Exchange
Commission, including those set forth in our annual report filed on Form 20-F
for the fiscal year ended December 31, 2008. The information set forth herein
should be read in light of such risks. We assume no obligation to update the
information contained in this press release, except as required under
applicable law.
For more information, please contact:

Mr. John S. Lin
Chief Operating Officer
A-Power Energy Generation Systems
Email: john@apowerenergy.com

Mr. Valentine Ding / Mr. Dixon Chen
Investor Relations
Grayling
Tel: +1-646-284-9412
Email: valentine.ding@us.grayling.com
dixon.chen@us.grayling.com

SOURCE A-Power Energy Generation Systems Limited

Mr. John S. Lin, Chief Operating Officer of A-Power Energy Generation Systems,
john@apowerenergy.com; or Mr. Valentine Ding and Mr. Dixon Chen, Investor
Relations at Grayling, +1-646-284-9412, or valentine.ding@us.grayling.com or
dixon.chen@us.grayling.com