Replies to post #2512 on Welwind Energy International Corp.(fka WWEI)

[Awro]

Final Approval for the Zhanjiang PPA:

...China's electricity grid is obligated to purchase all the electricity generated by approved renewable energy facilities located in its service area. The grid's buying price for renewables is set by the NDRC. Welwind's management is assured that it will have the final pricing and terms from the NDRC before Christmas along with the construction permit.
http://www.globenewswire.com/newsroom/news.html?d=155570


Not so smart to sell at these levels imo :)
Awro.