Point Roberts, WA - June 14, 2011 - Investorideas.com, a leader in renewable energy stock research issues a Q&A with Ronald W. Pickett, President and CEO, Chairman of Clean Wind Energy Tower, Inc (OTCBB: CWET). Mr. Pickett discusses developments within the company following its OTC listing Jan 2011.
Q: Investorideas.com
Ron, you recently issued a shareholder update outlining the developments within the company since you have become a publicly traded stock on the OTC. Can you tell us two of the most significant milestones you have met since that time?
A: Ronald W. Pickett, President and CEO, Chairman
The final design for our Tower requires "fine tuning" relating to the specific site. The actual height and resource requirements and consequently the turbine and power generation systems are modified to match the local wind speeds, temperatures and relative humidity. As luck would have it, our government has been monitoring the targeted site for our first Tower and we are now in possession of all the relevant data. Our team is now working diligently to validate power output data with third party industry experts- a big break for CWET as we "leap-frog" the atmospheric study phase of the project.
Q: Investorideas.com
You have announced two patent filings. Can you give us the significance of the patents in terms of the big picture for your company's positioning in the marketplace?
A: Ronald W. Pickett, President and CEO, Chairman
We have announced the acceleration of two patent filings and we intend to continue to file new applications as well as accelerating our previously filed applications. As we forge our way through the design of various systems, we anticipate that numerous additional opportunities will present themselves to us to protect our first-to-market techniques making CWET the clear leader in downdraft tower development.
Q: Investorideas.com
For new investors that really aren't familiar with your Downdraft Towers, can you explain what differentiates you from other wind towers?
A: Ronald W. Pickett, President and CEO, Chairman
Our Downdraft Tower is in an entirely separate league compared to traditional wind towers. Rather than being at the mercy of however the wind is blowing at any given time, we create wind 24/7 and harness that wind energy and feed it into generators that can produce 1,000 times the power of a traditional tower at a fraction of the cost per KWH.
Q: Investorideas.com
What are the steps and timelines for investors to see the first Downdraft Tower on location?
A: Ronald W. Pickett, President and CEO, Chairman
Certain components, machinery and equipment can require 9 months to one year's lead time for delivery. Site selection, engineering and land planning all require time as do permitting and financing. To speculate that the first Tower could be under construction in one year would be "possible" but very optimistic. Eighteen months would be aggressive and probably 24 months is more realistic.
Q: Investorideas.com
As a small company in the wind sector, you can see other companies moving ahead of the US in wind - what do you think the US has to do to be a leader in wind?
A: Ronald W. Pickett, President and CEO, Chairman
For the U.S. to become a world leader in wind energy, several parts must come together in unison. Governments, (state, local and federal) should embrace wind as an alternative renewable and valuable contribution to our energy solution and provide tax incentives and "clean air" credits as well as "stream-line" permitting to encourage development. Loan guarantees would also help jump-start things today in light of global credit markets. Perhaps the best way to create leadership is to educate our population as to the benefits of alternative energy and "clean wind" solutions. It has taken us 150 years to get where we are today as an industrialized society. We don't have another 150 years to solve our energy and clean air predicaments.
About Clean Wind Energy Tower, Inc (OTCBB: CWET) (http://www.cleanwindenergytower.com)
Clean Wind Energy, Inc. a wholly owned subsidiary of Clean Wind Energy Tower, Inc, is designing and preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology.
Visit the showcase page at Investorideas.com : http://www.investorideas.com/CO/CWE/
Contact the company:
Clean Wind Energy, Inc.
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations
Jody Janson
Phone: (855) 848-6937 Email: ir@cwetower.com
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