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Strategies & Market Trends : Ethical Stocks

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From: @sea5/23/2008 8:08:35 AM
   of 115
 
AAER To Deliver Wind Turbine To Marine Corps Logistics Base
in News Departments > New & Noteworthy
by NAW Staff on Thursday 22 May 2008


Montreal-based AAER Inc. has signed an agreement for the delivery of one 1.5 MW wind turbine to the U.S. Marine Corps Logistics Base in Barstow, Calif. The A1500 is scheduled for delivery at the end of the fourth quarter of the year.

"This is an important strategic sale for AAER as it gives us visibility on the West Coast of the U.S., a region with a long history of wind power generation that offers substantial commercial opportunities for the company," says Dave Gagnon, president and CEO of AAER. "We are also proud to be working in cooperation with Southern California Edison (SCE), the United States' leader in renewable energy." SCE is helping to manage the installation of the turbine.

AAER signed a turbine supply agreement and a warranty, maintenance and service agreement (WMSA) with ACCO Engineering Services for the implementation of the project. The WMSA will be assigned to the Marine Corps Logistics Base after commissioning. The A1500 wind turbine will supply a portion of the energy used by the base facilities.

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