Beijing, China [RenewableEnergyAccess.com] A signing ceremony held in London has given international firm IW Power exclusive rights to develop 400 megawatts (MW) of wind farms in China. The wind farms will be built in the Jilin Province of North East China, which has a population of 30 million and recently hosted the Asian Winter games. IW Power is a joint venture company including UK developer Wind Prospect, US investor Tang Industries, and Chinese power contractor, Insigma. Last year China overtook the UK in wind generation, and the Jilin agreement alone is equivalent to almost 20% of the UK’s wind capacity. Planning approval for the first of a series of 50 MW wind farms is expected this summer, with construction planned to be completed in 2008. A sub-station to take power to the grid is already under construction.