February 22, 2010 (FinancialWire) — Welwind (OTCBB: WWEI) was informed that the government bodies of Zhanjiang government and Zhanjiang Development and Reform Commission reached a consensus to relocate the company’s wind farm project to Nansan Island (Nansandao) in Guangzhou.

Nansan Island is located approximately 8 miles from the Zhanjiang Airport with a short ferry ride from the mainland. Nansan Island occupies an area of 123.4 square kilometers, with a coastline of 83 kilometers. Nansan Island is a famous tourist location and has a population of 72,000.

It is expected that the power generated from the company’s wind farm will be sent to the mainland utilizing a local bridge connecting Nansan and Potou District of Zhanjiang, which is currently under construction and it is expected to be completed this year.

Final approval will be issued in March or April. Welwind has agreed to the relocation to Nansan Island and will review final documentation supplied to the company by the government and Commission in March/April.

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