Welwind Energy International Corp. (WWEI.OB) Signs Letter of Intent for 80% Interest in Wind Energy Project
The goal of Welwind Energy International Corp. is to build, own and operate wind farms internationally on a profitable basis. The company announced today that they have made progress toward that goal. Executives from the company's China office recently successfully completed negotiations to acquire an 80 percent interest in a 300 megawatt, large-scale, wind energy project in Inner Mongolia, China. Welwind Energy and Inner Mongolia Test Power Limited signed a letter of intent for 80 percent ownership and future expansion rights in the Inner Mongolia Wind Turbine Complex 300MW Wind Farm Project. The project is located in Wu Lan Cha…