don barrett

Green is Good!

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A-Power Energy Generation System is a "green" company located in the Peoples Republic of China. APWR is a company that will become more important as time goes buy. In layman's terms APWR makes systems to take different types of refuse and converting it into power. APWRs latest project is a $150 million dollar energy conversion plant in Thailand. APWR will design and build a 300 MW power distribution system for a large paper mill in Thailand. Half the system will be a conventional system fueled by coal and the other half will be a biomass distributed power generation system which will be fueled by the mills refuse.Any paper mill is going to have sawdust and other wood waste and this system will convert the waste into energy for electricity for various uses at the mill. Thailand is an emerging country and the infrastructure is not very reliable ans this system will be more reliable and cost saving too.
APWR was founded in 2003 and in my view this is a company on the rise. APWRS annual report was issued in March 2008 and the results are very impressive. For 2007 APWRS comprehensive income increased 119%. Their 2007 revenue increased by 54.5% to $152.5 million.Finished 2007 with about $100 million for future projects.Backlog orders of $550 million dollars on the table.Issued guidance for 2008 of net income of $35 to $45 million or about $1.05 to $1.35 for the year.
APWR is branching off into other alternative energy sources. APWR is planning on being a major supplier of wind turbines in China as they have a very aggressive plan to produce vast amounts of electricity with wind turbines. The wind turbines will produce from 2.5 MW to 750 kWs of electricity. APWR has signed an agreement with 2 companies to begin producing and installing the turbines in 2008.
APWR and the other Chinese companies have a couple of things that will benefit them in the future. APWR paid only $200,000 in taxes in China. APWR will have a tax exemption from the PRC for 2008 and 50% exemption for 2009-2012. APWR has the blessing of the PRC and thus will have 2 major university's th develop and help APWR market any other renewable energy technology they design.APWR is a young company that has set some high goals for the future in renewable energy systems and as they are starting various projects around the world the future looks bright,