ANNAPOLIS, Md. , Oct. 1, 2012 /PRNewswire/ -- Clean Wind Energy Tower, Inc. (OTCBB: CWET, the "Company") announced today that the Company had signed a Letter of Intent ("LOI") to enter into a Definitive Agreement to purchase a 3,200 acre site in Mexico that has the ideal attributes required for the Company's Downdraft Tower, an alternative energy project currently under development.

The Company intends to build and operate two Clean Wind Energy Downdraft Towers on this site. The proposed property is located in a particularly exceptional area for the development of these projects as it possesses suitable access, along with the required topography.

Both Clean Wind Energy Tower, Inc. and the current land owner have been in discussions regarding this project since the later part of 2011 and are working together diligently under the LOI towards the execution of a Definitive Agreement.

The land purchase is subject to the seller providing clear title and unrestricted access to the property as well as acquiring all of the needed prerequisites and approvals for the implementation of the Downdraft Towers including access to the power grid and the Company securing a satisfactory Power Purchase Agreement.

For an on-line demonstration of the proposed construction and operation of Clean Wind Energy, Inc.'s Downdraft Tower, please visit www.cleanwindenergytower.com/tower.html#demo .