GC China Turbines Receives Patents
01 March 2011 - 2:31AM
Marketwired
GC China (OTCBB: GCHT) announced today that it has applied for and
received Chinese utility patents for passive-yaw system, a flexible
drive system for support-tube structure, and a teeter-structured
flexible hub, which further underpin the Company's commitment to
technology leadership in the global wind energy market.
Description of Technology
- The adoption of passive-yaw system allows for a lighter tower
and smaller foundation, thereby reducing the manufacturing costs
for a complete machine.
- The adoption of a flexible drive system for support-tube
structure which is lighter than a stiff tower so as to directly
save raw materials costs.
- Compared to a traditional rigid connection design, the
teeter-structured flexible hub technology can significantly reduce
fatigue on all moving parts, extending the service life and
reducing operational costs.
Chairman Hou Tiexin commented that, "These patents are a
milestone in our pursuit of the idea of 'Soft Design,' and are
important to our strategy to differentiate our wind turbines
through enhancing performance and reducing costs, which are both
fundamental to building our presence in the Chinese wind market,
which is the largest in the world, and setting the stage for our
entrance into the international wind markets."
With a service life of about 20 years, wind turbine power trains
are subjected to a very diverse spectrum of dynamic loads. Due to
the high number of load cycles which occur during the life of the
turbine, fatigue considerations are of particular importance in
wind turbine design. Adoption of these patents will effectively
extend the service life of the wind turbine and improve its
performance as well as reduce the costs for manufacturing and
maintenance, and ultimately benefits the owner of the wind
farm.
GC China plans to incorporate these technologies into its future
wind turbine design in accordance with actual condition.1.1MW,
2.5MW and 3MW turbine designs which are in development.
About GC China Turbine Corp.
GC China is a leading manufacturer of state-of-the-art 2-blade
and 3-blade wind turbines based in Wuhan City of Hubei Province,
China. The Company holds a license to manufacture a groundbreaking
technology which meets rigorous requirements for low-cost and high
reliability. For more information visit: www.gcchinaturbine.com
Notice Regarding Forward-Looking
Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, completion of definitive agreements with local
and provincial governments, wind farms and utility companies,
number of wind turbine systems ordered, manufactured, delivered and
installed, the Company's future strategic plans, the outlook for
the Company's markets and the demand for its products, estimated
sales, the development, costs and results of new business
opportunities. Actual results could differ from those projected in
any forward-looking statements due to numerous factors. Such
factors include, among others, the inherent uncertainties
associated with new projects and development stage companies. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that any beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our annual report on Form 10-K
for the most recent fiscal year, our quarterly reports on Form 10-Q
and other periodic reports filed from time-to-time with the
Securities and Exchange Commission.
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Investor Relations Todd M. Pitcher Aspire Clean Tech
Communications Hayden Communications, International Phone:
760-798-4938 Email Contact
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