InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,131.60
(
-0.23%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.39
(
-0.10%
)
Bitcoin
60,605.36
(
-0.34%
)
Post# of 81470
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Tanaka

Send PM Follow Ignore
Followers 179
Posts 5679
Boards Moderated 0
Alias Born 10/18/2008

Tanaka

Re: None

Tuesday, 08/03/2010 8:18:47 AM

Tuesday, August 03, 2010 8:18:47 AM

Post# of 81470
Welwind Energy International Corp. (OTCBB:WWEI - News) (the "Company") announces the following projected revenues for the first 49.5 MW Inner Mongolia windfarm project. On July 15, 2010 the company announced a letter of intent to acquire 80% interest in the windfarm.

The first phase investment for the windfarm is USD $84 million.
Current on-grid power selling is 150 million KWh x 0.51RMB/KWh = 76.5 million RMB ($11,284,267.20 USD).
The output is 3000 hours/year x 50MW.
The Clean Development Mechanism income (CDM) is approximately 10 million RMB/year (USD $1.5M /year).
The total annual net profit is 86.5Million RMB x 80%= RMB 69.2million RMB (USD $10.2 million).

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up