Solar Wind Energy Tower, Inc. Reports Significant
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Posted On: 09/07/2018 4:21:05 PM
Solar Wind Energy Tower, Inc. Reports Significant Results at the Pilot Site
8:30 am ET September 7, 2018 (Globe Newswire) Print
via NEWMEDIAWIRE - Solar Wind Energy Tower, Inc. (USOTC: SWET) (the "Company"
, the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive, renewable electricity to meet the world's increasing demand, announced today that significant progress was achieved at the pilot site.
In conjunction with Solar RePurposing, LLC, the Company completed the installation of the water pumping and spraying system yesterday at the 400' pilot tower project. When weather conditions are favorable for testing, a series of tests will be performed and recorded. At the conclusion of the installation yesterday the system was activated while the climbing team was still in place. The system performed as designed. Although the weather conditions were not conducive to good comparative testing, and the monitoring equipment will not be installed until testing begins, within minutes demonstrative cold downdraft winds began forcing their way down the tower and out the wind tunnel. Solar RePurposing, the Company, and the industry professionals present were all extremely impressed with the immediate results.
Ron Pickett, CEO of Solar Wind Energy Tower, Inc., commented, "This was a major milestone for Solar RePurposing and its plans to pursue the retrofitting of abandoned tall smoke stacks. SWET views this proof of concept stack as hands on opportunity to showcase how our patented downdraft tower system actually works and we look forward to the formal testing."
About Solar Wind Energy Tower, Inc.
Founded in 2010, Solar Wind Energy Tower, Inc. and its wholly owned commercializing subsidiary, Solar Wind Energy, Inc., is the inventor of the patented Solar Wind Downdraft Tower, which uses state of the art technologies and construction systems to produce abundant, inexpensive electricity, 24 hours a day, 7 days a week.
The Company's core objective and focus is to become a leading enabler of clean, efficient renewable energy to world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions to meet tomorrow's electrical power needs.
For more information, please visit:
www.solarwindenergytower.com, and https://www.facebook.com/solarwindenergytower and https://twitter.com/SWETower and https://www.arizonagreenpower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements". Actual results may differ materially from those projected in forward-looking statements. 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 revenues, if any, 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).
Contact:
Solar Wind Energy Tower, Inc.
Phone: 410-972-4713
E-mail: info@SWETower.com
https://resource.globenewswire.com/media/3c11...nd-jpg.jpg
8:30 am ET September 7, 2018 (Globe Newswire) Print
via NEWMEDIAWIRE - Solar Wind Energy Tower, Inc. (USOTC: SWET) (the "Company"
, the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive, renewable electricity to meet the world's increasing demand, announced today that significant progress was achieved at the pilot site. In conjunction with Solar RePurposing, LLC, the Company completed the installation of the water pumping and spraying system yesterday at the 400' pilot tower project. When weather conditions are favorable for testing, a series of tests will be performed and recorded. At the conclusion of the installation yesterday the system was activated while the climbing team was still in place. The system performed as designed. Although the weather conditions were not conducive to good comparative testing, and the monitoring equipment will not be installed until testing begins, within minutes demonstrative cold downdraft winds began forcing their way down the tower and out the wind tunnel. Solar RePurposing, the Company, and the industry professionals present were all extremely impressed with the immediate results.
Ron Pickett, CEO of Solar Wind Energy Tower, Inc., commented, "This was a major milestone for Solar RePurposing and its plans to pursue the retrofitting of abandoned tall smoke stacks. SWET views this proof of concept stack as hands on opportunity to showcase how our patented downdraft tower system actually works and we look forward to the formal testing."
About Solar Wind Energy Tower, Inc.
Founded in 2010, Solar Wind Energy Tower, Inc. and its wholly owned commercializing subsidiary, Solar Wind Energy, Inc., is the inventor of the patented Solar Wind Downdraft Tower, which uses state of the art technologies and construction systems to produce abundant, inexpensive electricity, 24 hours a day, 7 days a week.
The Company's core objective and focus is to become a leading enabler of clean, efficient renewable energy to world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions to meet tomorrow's electrical power needs.
For more information, please visit:
www.solarwindenergytower.com, and https://www.facebook.com/solarwindenergytower and https://twitter.com/SWETower and https://www.arizonagreenpower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements". Actual results may differ materially from those projected in forward-looking statements. 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 revenues, if any, 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).
Contact:
Solar Wind Energy Tower, Inc.
Phone: 410-972-4713
E-mail: info@SWETower.com
https://resource.globenewswire.com/media/3c11...nd-jpg.jpg
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