A-Power Wins Biomass Power Plant Contract in Thailand
By wchung | 23 Apr, 2026
A-Power Energy Generation Systems Ltd. said Tuesday that it has signed a deal worth $86 million with Thailand’s Biomass Electricity Co. Ltd. to develop a 150-megawatt biomass power plant in Prachinburi, Thailand.
A-Power shares rose $1, or 5 percent, to $20.51 in trading Tuesday afternoon. The shares hit a 52-week high of $21.04 earlier Tuesday. The shares have traded as low as $3 in the past year.
The deal covers the design of the power station, procurement and installation of the three main engines and other auxiliary equipment. The company also will be the general contractor for the five main power station systems.
Work started this month and is expected to take two years and three months to complete.
A-Power, through its China-based subsidiaries, is the largest provider of distributed power generation systems in China. Its operations include China’s largest wind turbine manufacturing facility.
12/22/2009 1:58 PM NEW YORK (AP)
Recent Articles
- Tesla Becomes 1st Major Customer for Intel's 14A Chipmaking Process
- Trump Envoy Seeks to Replace Iran with Italy in World Cup
- Musk Warns of Likely SpaceX Chip Shortage, Aims to Make GPUs In-House
- South Korea's Q1 GDP Growth Roars Past Market on AI Chip Demand
- Xpeng to Begin Delivering Flying Cars in 2027
- TSMC Squeezes Smaller, Faster Chips from Old ASML Gear
- Jawbone Shaving and the Feminization of Korean Male Beauty Standards
- The Reality Behind the Asian Child Labor Scandals that Rocked Mega Brands
- Song: Thumb of Thunder
- SK Hynix to Invest $13 Billion in South Korea Plant to Meet AI Memory Demand