Wind Turbine Order “Blows” CPTC up 5%
Shares of Composite Technology Corporation (OTCBB: CPTC) closed up strong yesterday evening after news of an order for one of its D8 wind turbines was announced.CPTC announced that its DeWind subsidiary has received an order from Sia Lenkas Energo, for one 2 megawatt (MW) DeWind D8 wind turbine for delivery to one of their projects in Latvia. The turbine is scheduled for delivery in mid 2008. Just like me, you must be wondering what one of these wind turbines costs ... D.J. Majendie, V.P. of Legal & Business Development for CPTC, told Market News First that the average going rate…