The PennyShac

[westcoastcash]

WWEI .07 CENTS CHINESE WIND FARM
About Welwind Energy

ZHANJIANG WIND FARM PROJECT

WEIC formally signed the commitment for a land lease pertaining to the Zhanjiang wind farm. As announced earlier, wind data has already been gathered for this property and build out of the project is now proceeding. The installation of the demonstration turbine is to occur within 90 days and the company being in receipt of concurrent funding.

On Oct. 27, 2006, the company closed on at $600,000 private placement to begin development of the Zhanjiang Wind Farm.

Summary -- The above yearly projection is based on the historical wind speed for the area of Zhanjiang. The figures reflect projected financials on a 49 megawatt install only.

The funds will be used to finance the phase one development activities of Zhanjiang Wind farm which is a five phase development totaling 600 Megawatts.

The company now has crossed the threshold to complete a 50 year Power Purchase Agreement and will have all the tools required to completely finance this first 49 Megawatts of development.


YANGXI WIND FARM PROJECT

In regards to the Yangxi wind farm project, the base is now complete for the installation of the 100 meter meteorological tower. The data collected over the next year will provide the necessary information required to build out the wind farm. The Yangxi wind farm will start as a 49 megawatt project building out to 400 megawatts.

http://www.welwind.com

----------

Ludlow China Upgrades Welwind Energy International

SAN DIEGO, Feb. 22, 2007 (PRIME NEWSWIRE) -- New York-based Ludlow China Fund upgrades Welwind Energy International Corporation (OTC BB:WWEI.OB - News), a leading developer of renewable wind energy projects in China, to a B- rating.

Gerry Salazar, the Managing Partner of the Ludlow China Fund commented, "Ludlow China is upgrading Welwind Energy to a B- rating as the company moves into the installation and execution phase of their business model. The growing demand for energy in China, let alone clean renewable energy makes Welwind Energy International Corp. an attractive 'speculative' investment within this sector."

http://www.ludlowchina.com/reports/wwei.htm

----------
WWEI - STOCK CHART