Xiangtian (USA) Air Power Announces Initial Sales Agreement with Zhongyangmeiyi International Trading Co., Ltd
WASHINGTON, Oct. 30, 2013 /PRNewswire/ -- Zhongyangmeiyi International Trading Co., Ltd., a Beijing Company, and Sanhe City Luck Sky Electrical Engineering Co., Ltd. (a subsidiary of Xiangtian USA Air Power Company, a Delaware Corporation OTCQB Ticker (GOAS)) based in Yanjiao, Hebei, signed an Initial Sales and Cooperation Agreement for Xiangtian's "natural energy power generation system." This agreement will provide for further cooperation and sales of electrical generation equipment to Zhongyangmeiyi International Trading Co., Ltd.
The agreement provides for Zhongyangmeiyi International Trading Co., Ltd. to utilize the green power generation equipment in the Company's agricultural processing areas. It will also allow for the expansion of cooperation across all of the enterprises administered by the Company.
Luck Sky Group Natural Energy Power System is a new energy production invention. This system provides energy by utilizing solar energy, wind energy, geothermal energy, tidal energy, water hammer potential energy and all the available natural energy as a raw power. This raw power is then converted into DC power, processed through an ultra-wideband, high-performance power inverter, which is registered in the Luck Sky Group's independent intellectual property rights list, and outputs stable power in line with national standards. Part of the output electric power is for the power needs of the operation facility, and remaining part will be supplied to the power grid. Any additional electricity will be stored as 20Mpa compressed air. When natural energy is intermittent or during times of equipment maintenance, the compressed air is released to drive compressed air engines linked with a generator to provide electrical power.
Natural Energy Power System's core technology is "compressed air energy storage power generation." The design of this system is novel and reasonable. Considering the energy structure, it will provide a reliable alternative to power supply systems that are mainly based on fossil fuels.
This natural energy power generation system has been developed through independent research and development by Luck Sky Group, with independent intellectual property rights. Luck Sky Group has filed and received almost 100 patents. Related products are: ultra-wideband voltage power inverter, new structures aerodynamic engine, low-speed aerodynamic generators, new structures isothermal air compressor, natural energy power systems, and the aerodynamic automobile motors, etc.
SOURCE Xiangtian (USA) Air Power Company