Welwind Energy International Corp. (WWEI.OB) Announces Negotiations of a Joint Venture Partnership
Welwind Energy International and YATU Wind Energy Manufacturing Co. Ltd. (formerly ENGGA) have begun negotiations for a Joint Venture Partnership to manufacture wind turbines internationally. The two companies have also signed a Turbine Supply Agreement for 66 wind turbines for the Zhanjiang Wind farm Project. YATU Wind Energy Manufacturing Co Ltd. is the developer of several types of wind turbine products. By joining forces, the two companies will be able to manufacture and distribute wind turbines on an international level. As per the Equipment Purchase Contract, YATU Wind Energy will deliver 66 turbines to the Welwind’s Zhanjiang site before October…