Unfortunately, though we have chosen not to pursue our JV with Ningxia Electric, we wish Ningxia Electric success in the future and remain optimistic that we may be able to pursue other equal partnership joint endeavors at a later time, Welwind President Larry McNabb, said.

Shannon de Delley, a director of Welwind, said, New Year’s celebrations are ongoing in China, but we have been corresponding with government officials in China as pertains to the Zhanjiang Windfarm. We anticipate commencing construction on time at the end of the first quarter.