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11:26 EDTAPWR
theflyonthewall.com: A-Power Energy call volatility flat as shares trend higher
A-Power Energy, a provider of power generation systems in China, is recently up 82c to $14.60. A-Power Energy is expected to announce Q3 EPS in early December. Call option volume of 2,991 contracts compares to put volume of 1,720 contracts. December option implied volatility is at 74, puts at 94, January calls are at 68, puts at 94; above its 26-week average of 75 according to Track Data, suggesting larger price movement. APWR puts are more expensive than calls because APWR is difficult to borrow. :theflyonthewall.com



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January 27, 2010
10:50 EDTAPWR
theflyonthewall.com: A-Power Energy announced delivery of 10 units of wind turbines to China
A-Power Energy announced earlier today that it has delivered 10 units of 2.7 MW wind turbines in China. On September 16, 2009, the Company signed a "full-responsibility" contract to develop a 49.5MW wind farm in the township of Saiwusu, Guba County, Inner Mongolia, for the Urat Rear Banner-based Jihe Orient Wind Energy Co., Ltd. The first 5 turbines were delivered today. On October 14, 2009, the Company signed another contract to develop a 19.5MW wind farm in the Donggang, Rizhao City of Shandong Province. The first 5 turbines for this wind farm were also delivered today. :theflyonthewall.com
09:30 EDTAPWR
theflyonthewall.com: A-Power Energy selected by China Machine-Building in Vietnam project
A-Power Energy Generation Systems, Ltd. announced it has entered into a definitive agreement with China Machine-Building International Corp, or CMIC, to co-develop a turn-key solution in the construction of a major cement plant in Vietnam. This DG project with CMIC has commenced immediately with the construction duration of 12 months. The total contract has a value of approximately $40M dollars with a down payment within 10 days from the contract date. No other details were disclosed. :theflyonthewall.com