Investor Presentation

January 2010
Forward-looking statements

This presentation contains “forward-looking statements” within the meaning

of applicable securities legislation. Forward-looking statements may include
financial and other projections, as well as statements regarding future plans,
objectives or economic performance, or the assumption underlying any of the
foregoing.
Forward-looking information involves significant risks, assumptions,
uncertainties and other factors that may cause actual future results or
anticipated events to differ materially from those expressed or implied in any
forward-looking statements and accordingly, should not be read as
guarantees of future performance or results. Accordingly, investors should not
place undue reliance on any such forward-looking statements. Further, any
forward-looking statement speaks only as of the date on which such
statement is made, and we undertakes no obligation to update any forward-
looking statement or statements to reflect information, events, results,
circumstances or otherwise after the date on which such statement is made
or to reflect the occurrence of unanticipated events, except as required by
law, including securities laws.

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About China Wind Power International Corp.

China
China Wind
Wind is
is uniquely
uniquely
positioned
positioned to
to capitalize
capitalize on
on
the
the growing
growing demand
demand for for wind
wind
energy
energy in
in China
China

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Demand
China

Exclusivity
Du Mon County

Guaranteed
Power Purchase Agreement

Profitable
12-14% IRR
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China overview

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Source: IEA
China’s commitment to wind power

2008 2010 2020

12.2 GW 30 GW 100 GW

4th today 1st tomorrow 66

We make it, they take it

Guaranteed demand
• National Renewable Energy Law, effective January 2006
• Grid is obligated to purchase all output!

for China Wind

• Heilongjiang Provincial Power Grid must buy our electricity

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Our current focus: Heilongjiang Province

Beijing

Exclusive rights to
Shanghai Wind Power Generation
Du Mon County

Heilonjoang Province
Population: ~38 million
Annual electricity use by 2010*: 74 million MWh 8
* forecast 8
 Favourable location

Power Grid <2km

Beijing

Shanghai
Wind Speed
70m: 6.9-7.5 m/s

Well located
• Flat, solid ground
• Easy access with roads
and highways
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 Our portfolio

546 MW over 5 development

phases
Beijing

Included in power grid

Shanghai
master plan

Longer-term potential for

building out 1,150 MW

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China Wind — Phase 1

Phase 1: 49 MW Phase 2: 49.5 MW Phases 3-5: 448.5 MW

Status Turbines Financing Completed

Commenced 26%
34 turbines equity
commercial
producing
Production 74%
power
Dec. 2009 bank

30.4 GWh generated by end of Nov. 2009

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11
Phase 1: turbines

DW1.0/56 DT-1500
Two-Bladed Doubly Fed

4 30
56% of all globally installed wind power
equipment is manufactured in China (2007) 12
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China Wind — Phase 2

Phase 1: 49 MW Phase 2: 49.5 MW Phases 3-5: 448.5 MW

Status Turbines Financing

24 on 30%
order, 9 equity
Construction delivered
in progress plus 2 70%
installed bank*

* awaiting final approval

from Bank headquarters

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Phase 2: turbines

DW1.0/56 HFDY1500/77 DT-1500

Two-Bladed Directly Driven Doubly Fed

6 8 21
14
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Phase 2: project timeline

Q1/09 Q3/09 Q3/09 Q1/10 Q2/10

Construction Equity Turbines Debt Construction

commenced financing installation financing completed
commenced

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China Wind — Phases 3 to 5

Phase 1: 49 MW Phase 2: 49.5 MW Phases 3-5: 448.5 MW

Status Turbines Financing (targeted)

30%
Phase 3 Phase 4 & 5 equity
feasibility feasibility 299 turbines
study studies planned 70%
complete underway bank

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Phases 3 to 5: project timelines

Phase 3 Phase 4 Phase 5

~100MW ~200MW ~150MW
Q4/11 Q2/13 Q4/14
Construction Construction Construction
completed completed completed

Q2/10 Q2/11 Q2/12

Construction
Construction begins Construction begins 17
17
begins
 Business model: costs and revenues*

Total Project Cost Total Revenue

(including installation)
Electricity Production
Turbines/towers: US $53.6M
• Production: 110,743 MWh/yr
• Power Price: US$89/MWh
Construction: US $13.1M • Revenue: US$8.5M /yr
• 20 Years PPA
Interest: US $4.1M
Carbon Credits
• Credit: 124,381 tons/yr
Other: US $2.2M • Price: US$14.81/CO2 ton
• Revenue: US$ 1.8M/yr
Total: US $73.0M • Forward sold to Goldman
Sachs
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* Based on average 49 MW project
Targeted project economics*
(20 year average)

Installed capacity 49MW

Capacity factor 26.31%
Revenue: wind power US $8.5M
Revenue: carbon credits US $1.8M
Total revenue US $10.4M
EBITDA US $8.3M
Total profit after tax US $3.2M
Annual cash flow to equity US $3.9M

Capital cost/MW Levered equity IRR

US $1.5 million 12-14%

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* Based on average 49 MW project
Demand
China

Exclusivity
Du Mon County

Guaranteed
Power Purchase Agreement

Profitable
12-14% IRR
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