Cleantech Solutions Receives $1.7M in Orders for Wind Power Components
Cleantech Solutions International, Inc. (NASDAQ: CLNT) today announced that the Company has received purchase orders to supply motor shaft forgings to Nanjing Turbine & Electric Machinery Changfeng Alternative Energy Co., Ltd for an aggregate amount of $1.7 million.
The purchase orders provide that Cleantech Solutions will deliver a total of 800 units of motor shaft forgings, amounting to total revenue of RMB10.6 million (approximately $1.7 million) by the end of 2012. The Company has received advance payments of RMB1.6 million (approximately $0.3 million).
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