The purchase orders provide that Cleantech Solutions will deliver a total of 1,727 units of generator shafts by May 2012, which are deliverable in accordance with a schedule.
The company is required to deliver the first 77 units, for total of nearly $156,000 by July 2011, an additional 500 units for about $1m by December 2011 and the remaining 1,150 units, for total of about $2.3m, by May 2012.
Cleantech Solutions is a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries.
