Annapolis, MD - May 24, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (
OTCBB:CWET)
(the "Company") announced today that on May 23th, 2012 the City Council
of San Luis, Arizona held a second and final hearing on the zoning and
voted unanimously in favor of zoning a parcel of land within the San
Luis City limits for the construction of Clean Wind Energy's
innovative
green renewable energy Downdraft Tower Facility. In a separate and
additional action, the City Council approved an agreement for protected
development rights with Clean Wind Energy, Inc.,
paving the way for the entitlement to develop a second Tower on the subject property.
This alternative energy project will bring significant employment
opportunities and economic stimulus to San Luis , Arizona and a number
of U.S. industries . The Company anticipates that during the Downdraft
Tower’s construction phase, 2,500 construction and transportation jobs
and 1,000 manufacturing jobs will be created. Once placed in service,
each Tower should generate 1,000 permanent jobs. The San Luis location
incorporates plans for two (2)
Downdraft Towers and a component parts Assembly Plant.
As designed, the Company anticipates that each Downdraft Tower
could generate enough electricity to power up to 1,600,000 homes using
the guidelines set forth in the California Statewide Residential
Appliance Saturation Study, 2004. As an independent power producer of
clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
Previously targeted as a prime region for alternative energy
projects, San Luis is an ideal location for Clean Wind Energy to build
this innovative alternative energy facility because this region of the
southwest United States provides the proper weather profiles, proximity
to the power grid, and other ingredients beneficial to the operation of a
Downdraft Tower.
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind
Energy Tower, Inc., has designed and is 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.
The Company's core objective and focus is to become a provider of
clean efficient green energy to the world communities at a reasonable
cost without the destructive residuals of fossil fuel, and to help
broker the chasm between both, while continuing to generate innovative
technological solutions for today and tomorrow's electrical power needs.
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 Energy, Inc. has filed several patents that the Company believes
will further enhance this potentially revolutionary technology. Clean
Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB
under the symbol 'CWET'. For more information visit
www.cleanwindenergytower.com
Contact:
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail:
Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email:
ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933, Section 21E of the Securities Exchange Act of 1934, and as that
term is defined in the Private Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as
competitive factors, technological development, market demand and the
Company's ability to obtain new contracts and accurately estimate net
revenues due to variability in size, scope and duration of projects, and
internal issues in the sponsoring client. Further information on
potential factors that could affect the Company's financial results, can
be found in the Company's various filings with the Securities and
Exchange Commission (SEC).
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Wind Energy Tower, Inc. (OTCBB: CWET) publishing program with
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(one thousand per month to publish news and updates on the company on
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