SAN DIEGO, July 21, 2008 (PRIME NEWSWIRE) -- Welwind Energy International Corp (the "Company") (OTCBB:WWEI) announces Zhanjiang update -- Heavy flooding that has swept through most parts of Southern China recently have caused a delay in Welwind's trip to China. Meetings previously scheduled with Provincial officials have been postponed until today due to the government's focus on relief efforts. The new wave of rainstorms have caused suspended shipping service in the Three Gorges section of the Yangtze River, blocked traffic in cities, delayed flights, destroyed homes, and flooded farmland. Welwind Canadian management anticipates leaving for China next week. Welwind's directors in China anticipate the PPA to be completed in early August.
Peace River Region -- On July 17th a train carrying the first wind turbines to be set up in British Columbia arrived at the Dokie wind farm, 40 kilometres northwest of Chetwynd. Eight turbines will be installed this fall and are the first of 48 3 MW turbines intended to be up and operating at the site by fall 2009. Once up, they will produce 144 megawatts, enough to power 34,000 homes a year. This is significant news for Welwind as this particular project is adjacent to the company's proposed wind farm project. With a PPA announced by this company a few weeks ago, Welwind is excited to see the development of British Columbia's first wind farm. "This project demonstrates BC hydro's commitment to the future of the Province, environment and in the industry as a whole. We are well aware of the viability of a project in the Peace region and look to a successful installation of the wind farm," says Shannon de Delley, Director of Welwind.
ABOUT WELWIND
Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations.
Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.
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This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.