RENEWABLE ENERGY

AES posts success in the Asian market

Advanced Energy Systems (AES) has had a measure of success marketing its products in East and Sou...

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Sales of the company's proprietary products have been confirmed in countries from Hong Kong, Taiwan and Indonesia to the Philippines, Malaysia and China.

AES is confident of further new orders of approximately another $1.0 million by late January 2004. These will help to expand AES's business in the region and will contribute to profits by June 30, 2004.

The company also recently signed an agreement with the Arizona Public Service to develop 10 megawatts of renewable energy projects and technologies for providing electricity service in various regions including Australia, Arizona and other world markets.

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