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Composite Technology's DeWind Announces Order for D8.2 Turbines.

Publication: PR Newswire
Publication Date: 29-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
XRG Places Order Valued in Excess of $40 Million

IRVINE, Calif., March 29 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (BULLETIN BOARD: CPTC) announced today that its subsidiary DeWind, Inc., has received an order from XRG Development Partners LLC (XRG) for the delivery and service of 18 DeWind 2 megawatt D8.2 wind turbines. The contract value is in excess of $40 million and the turbines are scheduled for delivery in late 2007 to XRG's project site in Minnesota. This is the initial order for what both companies expect to be a long term relationship for as many as 750 turbines over the next five years.

Michael Porter, President of CTC and DeWind Inc, stated, "We are pleased that our advanced D8.2 turbine has been chosen...

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