Composite Technology Corporation (CTC) has announced that its EU Energy subsidiary has shipped last Friday, 22 September, four DeWind D6 wind turbines from the port of Hamburg, Germany to Shanghai, China to its customer, Shanghai Electric Group.
The aggregate value of this shipment is € 3.54 million and represents partial shipment of a previously announced order of € 13.71 million being fulfilled by EU Energy's facilities in Lubeck, Germany. Shanghai Electric Group holds a license to manufacture and sell the DeWind D6 turbines in China and these shipments represent steps in the organisation of production at their facilities.