Xiangtian (USA) Air Power Announces Sales Agreement with Xianning Auspicious Day Air Energy Power Company Limited

Jan 07, 2014, 13:00 ET from Xiangtian (USA) Air Power

WASHINGTON, Jan. 7, 2014 /PRNewswire/ -- Xianning Auspicious Day Air Energy Power Company Limited, a Xianning City, Hubei 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 a Sales Agreement for Xiangtian's "natural energy power generation system." This agreement will provide for the installation of Xiangtian's power generation equipment in the currently being built power generation facility in Hubei Provence.

(Logo:  http://photos.prnewswire.com/prnh/20130930/PH88607LOGO)

This power station is scheduled to be a 35 MW power plant, and is scheduled to be online in early June 2014. All of the power generation equipment utilized in this station will be from Xiangtian.  As this first green power plant goes on line and demonstrates reliable and sustained electrical production, additional opportunities to supple power generation equipment throughout china will be available.  Xianning Auspicious Day Air Energy Power Company Limited is investing approximately 350 Million Chinese Yuan ($58,333 USD) for purchasing this equipment.

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 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, compressed air is released to drive compressed air engines linked with a generator which produces electric 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 the power supply system that mainly based on the 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