Annapolis, MD - July 23, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (
OTCBB:CWET)
announced the publishing of its patent titled Efficient Energy
Conversion Devices & Methods (U.S. Pat. No. 8,120,191) by the United
States Patent and Trademark Office.
The patent covers specific aspects of deploying multiple turbines
in a wind tunnel coupled to a novel hydraulic system capable of
maintaining high efficiency hydraulic to electric conversion under a
wide variance of wind speeds. The ultimate goal is to maximize the
capture and utilization of all available wind energy in any given wind
tunnel, as well as providing a consistency of
power
output during any deviations in wind speed. The Company considers this
patent to be a "Core Patent" providing a significant barrier to entry
for any potential competitor.
Ronald W. Pickett, President, Chief Executive Officer of CWET
previously stated, "Our innovative solution of extracting the maximum
energy generated by the captured wind, with the least loss of power
throughout the transmission cycle from capture to exhaust, produces a
much more consistent level of power output while compensating for the
normal differentials in atmospheric conditions over any given period,
and should coincide with our customers' requirements. The technological
concepts and applications claimed and embodied within this patent
provide significant benefits toward enhancing the level of efficient
power generation, as well as reducing operational
costs.
The annual capacity factor for the downdraft portion of the Energy
Tower is predicted at approximately 51%. Prime production periods are
daytime and evening during spring, summer and fall, which closely align
with electricity demand patterns. However, the External Wind Capture
keeps working 24/7, whenever a wind is blowing, including cold winter
months and at night. Its capacity factor is estimated at approximately
75%, which raises the Energy Tower's overall capacity factor to above
60%. Clean Wind believes that the Downdraft Tower will be capable of
recapturing and recycling the vast majority of the water used to create
the downdraft. This water may be returned to be reused in the Downdraft
Tower or diverted for local potable water.
As currently designed, the Company anticipates that each Downdraft
Tower will be capable of generating up to 1,200 megawatts per hour of
salable electricity to the grid. One megawatt equates to 1,000,000 watts
or 1,000 kilowatts of electricity. Currently, avoided costs per
kilowatt in California are running approximately $0.11 per kilowatt
hour.
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.
Our Company's core objective and focus is to become a leading
provider of clean efficient green energy to the world communities at a
reasonable cost without the destructive residuals of
fossil fuel, 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, engineering and scientific
consultants 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. Clean Wind
Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under
the symbol ‘CWET' . For more information, please 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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