Buffalo, NY 11/24/2009 4:50:01 AM
News / Business

The Latest update on (OTC: GCHT)

GC China has recently announced that it has entered into beginning stages of co-operational intent with Yancheng regional government of Jiangsu province.  The intent of this is to develop a local manufacturing base which will build large utility scale turbines for offshore and coastal wind farms for the area.  Early plans call for the development of several offshore wind farms, each to offer 500 megawatt capacity. 

 

 

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About GC China Turbine Corp. (OTC.BB:GCHT)

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 US$ 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 US$ 128 million to-date.

 

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