FEWP Far East Wind Power Corp.

[stockshark]

OTC STOCKSHARK PRESENTS FAR EAST WIND POWER CORP.
OTCBB:FEWP
Huge news concerning a major "LOI" with China below
OTCBB: FEWP will make a nice move starting tomorrow ...This major news has barely been
traded on as of yet ..So do yourself a favor and get in at the open tomorrow before FEWP
explodes


OTC STOCKSHARK MEMBERS,
Keep Far East Wind Power on your radar!
I am introducing Far East Wind Power. We all know Wind Power is very popular in the Untitled Sates and is growing in leaps and bounds. Many countries are introducing Wind Power and Far West Wind Power is developing Wind Turbine projects in China Provinces.
Enjoy The Company Profile
Harold



Far East Wind Power Corp.

OTCBB: FEWP






Company Overview


Far East Wind Power Corp. (OTCBB: FEWP)
The development of new technology in the Wind Turbine Industry is hobbled by the current structure of the industry. Entrepreneurs have difficulty raising money for innovative ideas because the turbine manufacturers are reluctant to include new technologies in their products and independent wind farmdevelopers with limited resources demand reliability in the turbines they buy. Reliability that comes at the cost of limited efficiency.
Far East is developing wind farms planned for the highest rates of return on investment in the industry. We intend to achieve this by developing innovative solutions to drive cost out of the turbine manufacturing process, purchasing the most cost-efficient turbines, or by increasing the efficiency of turbines as well as aggressively attempting to achieve a low cost of capital. The goal is the lowest cost per capacity of the resulting wind farms.
Far East is ideally positioned to fulfill its business model as the investments made in developing low cost generating capacity can be implemented directly into our own wind farms. Because Far East stands ready to test and deploy the technologies and innovations that it is developing with internal resources and through strategic alliances, the Company aims to solve an inherent economic bottleneck in the industry today.
We offer shareholders the unique opportunity to participate in one of the world's fastest growing energy sectors through access to a portfolio of high caliber utility class wind power generation development projects. The Company aims to develop a generating capacity of regional wind power projects of at least 1000 MW -- enough energy to power 300,000 modern homes within 2-5 years.
Web Site: www.fareastwind.com



Projects



Far East Wind Power Corp. aims to generate clean and profitable energy in one of the world's fastest growing energy sectors through access to a portfolio of high-caliber utility-class wind power development projects. Far East will inject innovation to drive cost out of turbine manufacturing, introduce new technologies and strategic relationships plus aggressively pursue low cost of capital to deliver the most competitive cost per capacity and highest rates of return in the industry.
The company is currently evaluating a number of projects. Several projects have agreements in place or in advanced stages subject to closure based on customary conditions and due diligence. Read More



Far East Wind Power Corp. has entered into a binding Letter of Intent with Beijing Tongchuang Hengyuan Technology Development Company (the "Owner") in order to acquire certain rights to a wind farm located in Ningxia Hui Autonomous Region, People's Republic of China. Read More


Far East Wind Power has entered into a binding Letter of Intent with Heilongjiang RuihaoTechnology Group Co., Ltd. ("Ruihao") of Daqing City, Heilongjiang Province, China ("Ruihao") to acquire certain rights to a number of development stage wind farm projects located within the People's Republic of China ("PRC"). Read More


The TianHe Project (phase 1) is an advanced stage development effort proposed for a 50MW turbine installation with all approvals in place and a site ready for construction commencing in April 2010. The location has been determined to be a robust wind resource offering favorable conditions for annualized wind power generation. The Project is located in Abaga Huitengliang District, Xilinguole League, Inner Mongolia Autonomous Region. Read More


Jilin Province is a province of the People's Republic of China located in the northeastern part of the country. Jilin borders North Korea and Russia to the east, Heilongjiang to the north,Liaoning to the south, and Inner Mongolia to the west. The province covers an area of 72,400 square miles and has a population of approximately 27,090,000. Read More
Jilin Province Agreements Pending


Han Project (Proposed)
The Han Wind project area, situated in the Hui Teng Liang grassland belt (the largest grassland in China), and is located in the middle of the Inner Mongolia Autonomous Region 65km south of the city of Xi Lin Hao Te (regional population of 940,000). Available wind data in the area shows annual average wind speed of above 8.5 m/s (meters per second). The location is considered to be a very attractive location for wind farm development with proximity to a large regional population, suitable road and train transportation, power transmission lines and substations. The initial project comes with preliminary rights from the local government for wind development and consists of a development property encompassing an area of 188 square kilometers in size with a recorded average annual wind speed in excess of 8 m/s. The property is 62 kilometers from a large and growing urban centre which includes a mix of both residential and industrial consumers. Plans for the project include a phase 1 stage to install up to 48 MW of wind turbines, and phase 2 plans are projected to increase the installation upwards to 300 MW or higher based on future demand considerations. Read More


The Company & Structure

Far East Wind Power Corp.
11811 N. Tatum Blvd.
Suite 3031
Phoenix, AZ 85028
Company Leadership
Mr. James Ping Xu, Chairman of the Board of Directors
Mr. Han Xiaoping , President & CEO
Mr. James T. Crane, CFO
Mr. Marcus Laun, Director
Mr. Cary Zhou, Advisory Board Member
*
Estimated Market Cap
$27,627,200 as of Aug 20, 2010
*
Outstanding Shares
89,120,000 as of Jun 10, 2009
*
Authorized Shares
100,000,000 as of Sept 30, 2008
Information Link: http://www.otcmarkets.com/stock/fewp/quote
Take a look at last weeks huge "LOI" with China ...This is big big news ..Do not miss out on FEWP !!!

Far East Wind Power Completes Negotiation for Controlling Position of Wind Farm Development in Yunnan, China

BEIJING, Aug 19, 2010 (MARKETWIRE via COMTEX) -- Far East Wind Power Corp. (OTCBB: FEWP ) ("Far East" or the "Company") has entered into a binding Letter of Intent ("LOI") with Taitong Energy Limited (the "Taitong") in order to acquire certain rights to a wind farm located in Yunnan Province of the People's Republic of China ("Yunnan").
James Crane, Chief Financial Officer, stated, "We came to terms with the representatives from Taitong and will move forward with Taitong immediately. Taitong's wind farm development is at a later stage than our previously announced wind farm development in Ningxia. Our business model is scalable and potentially could be extremely profitable due to unique market conditions in China. We are taking advantage of a niche marketplace in China. Chinese state-owned enterprises are developing wind farms but there is not enough development to meet China's stated renewable energy goals and many entrepreneurs in China are now aware of the value a wind farm can create and are attempting to enter the wind farm marketplace themselves. The issues these entrepreneurs face invariably revolve around start-up financing, of which these entrepreneurs generally do not have access to unless wind farm assets are already in place. We are working with these entrepreneurs to provide them with capital and refine their business plans so that as partners we can develop wind farms that will generate substantial cashflow for each partner for many years to come."
Highlights of the LOI are as follows:
-- FEWP will fund up to $20.0 million for development, agreement with Taitong that FEWP will be repaid if and once the wind farm receives financing from a PRC bank-- Commitment from Taitong to execute business plan and work to obtain all necessary remaining permitting andauthorizations for the wind farm, and secure low interest rate bank debt financing of up to $80.0 million-- FEWP's ownership interest in the wind farm, to be structured as a sino-foreign joint venture (the "JV"), will be 49%, Taitong will own 51%-- FEWP will consolidate all assets, liabilities and results operations under applicable accounting principles due to specific control provisions negotiated into the LOI by FEWP-- A monthly dividend distribution plan is agreed to whereby the maximum allowable dividend is distributed to FEWP and Taitong based on ownership percentages-- Initial plans are for development of a 49.5 megawatt wind farm with installed capacity to potentially generate $11.8 million in revenues on an annualized basis if fully utilized-- FEWP obtained a right of first refusal on remaining 99 megawatt ("MW") preliminarily approved wind farmscontrolled by Taitong in Yunnan. If all 148.5 MW are developed in Yunnan, potential revenue from the Yunnan wind farms are projected to total $34.4 million in revenue on an annualized basis if fully utilized.
The Wind Farm Industry in China:
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[chuck44l]

stockshark Thanks for the headsup Nice news as i feel that wind power is the way of the future. Im hearing lots of chatter on this one througout the web FEWP on watch here!!!!

[Jav992]

Took a look at the news that came out on FEWP Thurs. 8/19 "Far East Wind Power Completes Negotiation for Controlling Position of Wind Farm Development in Yunnan, China
" and from what I have heard around is that there is a stong possibility that there is more news to follow.
Take a look at the chart and you can see that there is support at .26 and resistance at .34 and also is in the over-sold range. Keep this stock on your radar list, and let's see how it plays out.

[Jav992]

.Far East Wind Power Corp. to Present at the Upcoming Rodman & Renshaw Annual Global Investment Conference

Press Release Source: Far East Wind Power Corp. On Tuesday August 31, 2010, 9:00 am
PHOENIX, AZ--(Marketwire - 08/31/10) - Far East Wind Power Corp. (OTC.BB:FEWP - News) ("Far East Wind" or the "Company") is pleased to announce that Jim Crane, CFO, will be presenting at the Rodman & Renshaw Annual Global Investment Conference September 2010 in New York. The presentation will be at 9:10AM on September 15, 2010. The conference is being held at the New York Palace Hotel in New York.

For additional information regarding the conference, Please visit http://www.rodm.com/conferences?id=55.

Investors who are interested in additional information or who want to schedule a one-on-one meeting with Far East Wind Power Corp. at this conference should contact Jim Blackman at 713-256-0369 or email jim@prfmonline.com.