GC China Turbines Receives Patents
Extends IP Strategy and Path to Extending Wind Turbine Lifetime and Reducing Production and Maintenance Costs
NEW YORK, NY -- (Marketwire) -- 02/28/11 -- 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.
Todd M. Pitcher
Aspire Clean Tech Communications
Hayden Communications, International