GC China Turbine (OTC:GCHT) has announced the completion of the Share Exchange Agreement. The company now has in 100% ownership of GC Nordic Group. GCHT is now a leading manufacturer of state of the art 2 bladed wind turbines in China.
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GC China is based in Wuhan City of Hubei Province, china. Holding a license to manufacture groundbreaking technology that meets the rigorous requirements for low cost and high reliability, CGHT was developed during a ten year research project that cost more than $75 million. The company’s first product was a 1.0 megawatt utility scare turbine designed for a 2.3MW and 3.0MW utility scale turbine.
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