Exhibit 10.44

Confidential Materials omitted and filed separately with the

Securities and Exchange Commission. Asterisks denote omissions.

The Purchase Contract No. FDCG08050

for the Electrical System of SL 3000 Wind Turbine

This Purchase Contract is signed between:

Sinovel Wind Co., Ltd (hereinafter referred to as Buyer)

Buyer’s Agent: China National Machinery & Equipment Import & Export Corporation
(hereinafter referred to as Buyer’s agent)

And

Windtec™ Systemtechnik Handels GmbH in Austria (hereinafter referred to as
Seller) in a friendly way.

The contract equipment is used for the purchasing contract of the electrics for
SL 3000 wind turbine which is signed between Buyer and Seller.

Buyer and Seller agreed as follows:

 

1. Definition

In construing this contract, the following words and expressions shall have the
meanings hereby assigned to them unless otherwise specified in the contract.

 

1.1 Contact means this contract, including Article 1 to Article 20.

 

1.2 Contract price means the price payable to Seller under the contract for the
full and proper performance of its contractual obligations, which is not
influenced by the price fluctuations.

 

1.3 Contract currency means the currency used in the payment under the contract,
which is Euro.

 

1.4 Buyer’s Bank means Bank of China designated by Buyer for the other banks
designated by Seller.

 

1.5 Sellers Bank means Bank Austria Creditanstalt AG.

 

1.6 Effective date of the contract means the date when the contract enters into
force upon fulfillment of the conditions stated in Article 20.

 

1.7 Contract equipment means the 50 Hz electrics of SL 3000 wind turbine.

 

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2. Scope of Supply:

Each set comprises of:

 

Pos.

  

Name

   No.    Units    Total Price 1    Nacelle Cabinet (incl. Converter) plus Power
Supply Cabinet (located in TB)    +CC300/+CC310    1    EUR [**]      
+NC300/+NC310       EUR [**]       +PSC100       EUR [**]       +CRO300      
EUR [**] 2    IPS (Internal Power Supply)    +IPS100    1    EUR [**] 3    Slip
Ring inc,. Overvoltage Protection    +SR300/+OVP400    1    EUR [**] 4    Hub
Cabinets inc,. Power Caps Cabinets    +HC400/+HC410    3    EUR [**]      
+HC420/+PC400/             +PC410/+PC420       5    Servo Pitch Motor   
+PM400/+PM410/    3    EUR [**]       +PM420       6    Tower Base Cabinet incl.
SCADA    +TBC100    1    EUR [**] 7    CMS (Condition Monitoring System)(1)   
   1    EUR [**]    - incl. CPU MX213             - incl. AIC 212 Module      
      - incl. Dummy Module LM201             - incl. Electrical Cabinet MKL4
machined                TOTAL VALUE    EUR [**]              

 

(1) Sensors are beyond SELLER’s scope of core components supply. The respective
specification shall be defined by SELLER but purchased by BUYER separately.

 

3. Quantities:

Total number of goods is 4 sets.

 

4. Price

The total contracting price will be [**] Euros (INCOTERNS 2000, FOB packed).

 

5. Port of shipment:

Goods shall be on shipment from main European seaport or Austria airport.

 

6. Delivery Period:

The delivery will be made in batches as per preliminary schedule below.

CW 30, 2008 – [**] sets, tested

CW 35, 2008 – [**] sets, tested

 

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7. Documentation

Seller shall provide to the Buyer the certificate and test report of the
converter together with the equipment.

 

8. Payment Schedule

95% by L/C at sight.

Two weeks before each shipment date, an irrevocable Letter of Credit at an
amount of 95% of each shipment value shall be issued by a first class bank. The
L/C shall be according to ICP600. If L/C is delayed, the delivery time will be
postponed accordingly.

5% Retention Bond:

The Retention Bond shall be paid upon the expiry of warranty period of 24 months
after finished commissioning, or 30 months after the delivery, whichever is
earlier – within 14 days, under the precondition that the availability of the
electrical control system for each WT is at least [**]% during such period. Such
percentage will be the average of a respective wind park. The dependency of this
5%-payment from an availability of [**]% will only be on the condition that
(i) control cabinets have been manufactured by BUYER under supervision and
instruction of Seller, (ii) test and quality of electrical cabinets have been
released by Seller, (iii) fault of electrical control system will be diagnosed
by Seller, (iv) replacement of components will be executed by BUYER within 24
hours, and (v) Seller will have continuous and full access to the SCADA system
of the respective wind turbines.

BUYER is responsible for item I-V. If any of these items is not fulfilled, the
retention bond has to be paid to Seller even in case of an availability of at
least [**]% has not been reached.

Seller must provide the following performance bond to Buyer:

Within 30 days after effectiveness of the contract, SELLER shall through
SELLER’s bank open an irrevocable performance bond in favour of BUYER, for an
amount of EUR 100,000.00. Validity of the guarantee shall be by the end of
February 2009.

 

9. The Seller shall supply the following documents as part of L/C paperwork:

 

•  

B/L or Air Way Bill

 

•  

Commercial Invoice

 

•  

Packing List

 

•  

Certificate of Origin

 

•  

Certificate of quarantine for Packing Wood; Declaration for Packing Wood issued
by Seller marking IPPC

 

•  

Shipping Advice

 

•  

Quality Certificate

The details refer to the detailed definition in L/C.

 

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10. Delivery notice

Seller shall complete the delivery of Contract Equipment in batches and on time
as required in article 6. Two (2) weeks before shipping, Buyer will be informed
about the exact date of delivery.

 

11. Packing and Marking

Unless otherwise specified in the contract, the contract equipment shall be
packed by Seller in a properly manner. And necessary measures shall be taken to
protect the contract equipment from moisture, rain, rust, corrosion, shock and
other damages according to their different characteristics so as to withstand
numerous handling, loading and unloading as well as long distance sea and inland
transportation.

The following documents shall be enclosed in each package of the Contract
Equipment:

 

•  

Two (2) copies of detailed packing list;

 

•  

Two (2) of quality certificate;

 

•  

One (1) copy of technical documentation for relevant Contract Equipment.

 

12. Inspection

Seller shall inspect the Contract Equipment and issue the quality certificates
as well as inspection records. All involved expenses shall be for Seller’s
account. The quality certificates and inspection records including detail and
result of inspection before delivery shall be submitted by Seller to Buyer.

 

13. Warranty

Seller warrants, that the Contract Equipment shall be completely new, advanced
in technology and superior in quality, free from any defect in design, material
and workmanship, suitable for the use and purpose and in conformity with the
technical specification.

Seller warrants that the technical documentation shall be complete, clear and
correct. Warranty period is 24 months after finished commissioning, or 30 months
after the delivery, whichever is earlier.

Warranty means within warranty period in case of any damage or problem of any
core components, that the components for replacement will be provided by Seller
free of charge and Seller should ensure timely supply of spare parts. Seller
shall correct any such failure either at its option, (i) by repairing any
defective or damaged part or parts or the supplied products, or (ii) by making
available any necessary repaired or replacement parts. Fault of electrical
control system will be diagnosed by Seller and replacement of components will be
executed by BUYER, each party at his own expense.

 

14. Penalty for delayed delivery

In case of delayed delivery of any shipment, starting from the second week of
delay, every week of delay will be charged [**]% of the price of the delayed set
as penalty, only a delay for more than 4 days is counted as one complete week
Sum of the above mentioned penalty shall not exceed [**]% of the total contract
price. Payment of the delayed delivery penalty shall not relieve Seller from the
obligation of continuing delivery of relevant contract equipment.

 

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15. Claims

15.1 In case the Contract Equipment supplied by Seller does not meet the
specified technical performance during the Warranty Period and Seller doesn’t
fulfill his responsibility according to article 13, Buyer has the right to lodge
claims against Seller, and Seller shall settle the claims upon the agreement of
Buyer in the following way:

1) Repair or remove the defects and discrepancies of the equipment at Seller’s
expense. In case Seller cannot send his personnel to the Job Site, Buyer shall
have the right to do the repair or removal of the defects and discrepancies and
all the expensed incurred should be borne by Seller.

2) Replace the defective equipment or technical documents with new one at
Seller’s expenses and Seller shall guarantee the quality of the replaced
equipment for a recalculated warrantee period. The replaced and/or supplemented
equipment shall be delivered DDP to the Job Site.

In case Seller fails to make proposals for settling the claims according to any
and/or all the ways mentioned above within 14 days after notification of the
claim raised by Buyer, Buyer shall have the right to recover the claimed amount
from Retention Bond (maximum up to 5% of the total contract price).

15.2 The notice of claim for the defective equipment shall be effective if it is
issued not later than thirty (30) days after the expiration of the Warranty
Period, but the claim must be detected within the warranty period (proved and
reported by an independent expert).

15.3 In case Seller fails to accept the claim within thirty (30) days after
receipt of Buyer’s claim, the claim shall be regarded as not acceptable by
Seller.

 

16. Force Majeure

Neither party shall be held responsible for failure or delay to perform all or
any party of this contract due to flood, fire, earthquake, snowstorm, drought,
hailstorm, hurricane, or any other events that are beyond the control of the
affected party and could not reasonably be expected at the time of conclusion of
the contract or have been avoided or overcome by such party. However, the party
who’s performance is affected by the event of Force Majeure shall give a notice
to the other party of its occurrence as soon as possible and a certificate or a
document of the occurrence of the Force Majeure event issued by the relative
authority or a neutral independent third party shall be sent to the other party
not later than (14) days after its occurrence. If the event of Force Majeure
event continues for more than (180) days, both parties shall negotiate the
performance or the termination of this contract. In the case of such a
termination either party shall bear its own costs, further claims for
compensation in connection with the termination shall be excluded.

 

17. Taxes and Duties

17.1 All taxes in connection with and in the execution of the contract levied by
the Chinese government on Buyer in accordance with the tax laws of P.R. China
shall be borne by Buyer.

 

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17.2 All taxed levied by the Chinese government on Seller, in connection with
and in the execution of the contract, according to Chinese tax laws and the
agreement between the government of the People’s Republic of China and the
Government of Seller’s country for the reciprocal avoidance of double taxation
and the prevention of fiscal evasion with respect to taxes on income shall be
borne by Seller.

17.3 All taxes arising outside of China in connection with and in execution of
the contract shall be borne by Seller.

 

18. Arbitration

All disputes arising from, or in connection with the execution of the contract,
shall be settled through friendly discussion between the two parties. In case no
agreement can be reached throughout, the disputes shall be submitted to Chamber
of Commerce in Zurich Switzerland, for Arbitration.

Not withstanding any reference to arbitration, the two parties shall continue to
perform their respective obligations under the contact unless the two parties
otherwise agree.

 

19. Termination

19.1 Buyer may, without prejudice to any remedy by Seller for Seller’s following
breach of contract, by written notice of default sent to Seller, terminate the
contract in whole or in part, if Seller fails to deliver any or all of the
contract Equipment within 120 days after the delivery time specified in Article
6.

19.2 Buyer may at any time terminate the contract, by giving written notice to
Seller in case Seller becomes bankrupt or otherwise insolvent, and such
termination does not prejudice or affect any right of action or remedy available
to Buyer. The same applies vice versa to Seller.

 

20. Effectiveness of the Contract and Miscellaneous

 

20.1 The contract becomes valid on signing by the authorized representatives of
the two parties of the Contract.

 

20.2 The present contract shall be valid for 3 years from the effective date of
the contract, however the contract shall become null and void automatically when
each party of the contract has fulfilled its rights and obligations under the
contract.

 

20.3 At the expiration of the Contract, any unsettled credit and debt under the
Contract shall not be affected by the expiration of the Contract. The debtor
shall still effect his obligation of reimbursement to the creditor.

 

20.4 The Contract shall be made in English.

 

20.5 All amendments, supplements and alternations to the terms and conditions of
the Contract shall be made in written form and signed by the authorized
representatives of the two Parties.

 

20.6 Unless otherwise stipulated in the Contract, the terms and conditions of
the Contract shall be interpreted in accordance with INCOTERMS (2000 Edition).

 

20.7 No assignment of any right or obligation under the Contract shall be made
by either party to a third party without the previous consent of the other
party.

 

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20.8 The communication between the two parties shall be conducted in written
form. The fax concerning the important matter shall be confirmed timely by the
registered or express mail.

Buyer: Sinovel Wind Co., Ltd

Address: Culture Building, No.59, Zhongguancun Street, Haidian, Beijing, China

Post code:  100872

Fx:    (0086) 10-82500072

Ph:    (0086) 10-62515566

 

Liu Zhengqi:

 

/s/ Liu Zhengqi

  (Signature) Signing date:    March 7th, 2008

Buyer’s Agent: China National Machinery & Equipment Import & Export Corporation

Address:  12/F 178, Guangan Men Wai Street, Xuan Wu District, Beijing, China

Fx:    0086(0)10-63452264

Ph:    0086(0)10-63452250

 

Authorized representative:  

 

  (Signature) Signing date:  

 

Seller: Windtec™ Systemtechnik Handels GmbH

Address:  Schleppeplatz 5,9020 Klagenfurt, Austria

Fx:    (0043) 463-444604-44

Ph:    (0043) 463-444604-10

 

Gerald Hehenberger:  

/s/ Gerald Hehenberger

  (Signature) Signing date:    March 7th, 2008

 

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APPENDIX 1

Single Line Diagram SL3000

LOGO [g57452ex1044-img.jpg]

 

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[Confidential treatment has been requested for the remainder of this exhibit]

 

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APPENDIX 2

Main Components in Cabinets for SL3000

 

cabinet

  

main components

  

technical data

+CC3x0    grid choke    [**]    generator choke    [**]    conntectors   
circuit breaker more than [**]    PM3000    converter    control unit    [**]
Components for communication    busbar    [**] per phase lenght [**] meters( not
included connections)    high flexible cables    for connections    cabinet   
see attached dimensions, protected for vibrations +PSC100    Stator Circuit
Breaker with min Protection [**]    circuit breaker [**]    Rotor Circiut
Breaker with min Protection [**]    circuit breaker [**]    NH-fuse for
auxiliary power supply    disconnector functionality    busbar    [**] per phase
lenght [**] meters    cabinet    see attached dimensions, protected for
vibrations

 

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APPENDIX 3

Dimensions of Cabinets for SL3000

[Confidential treatment has been requested for this exhibit in its entirety.]

 

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