Clean Wind Energy Tower, Inc.: San Luis Approves Zoning and Development Rights …

May 25, 2012 by  
Filed under Green Energy News

Clean Wind Energy Tower, Inc.

/quotes/zigman/3683486/quotes/nls/cwet 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

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 and operate with virtually no
carbon footprint, fuel consumption, or residual waste to generate
electricity and clean water economically by integrating and
synthesizing numerous proven as well as emerging technologies. This
technology will generate clean, cost effective and efficient
electrical power without the damaging effects caused by using fossil
or nuclear fuels, and other conventional power sources.

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

Cautionary Note Regarding Forward-Looking 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).

        Clean Wind Energy, Inc.
        1997 Annapolis Exchange Parkway
        Suite 300
        Annapolis, Maryland 21401
        Phone: 410-972-4713
        Investor Relations
        Jody Janson
        Phone: (855) 848-6937

SOURCE: Clean Wind Energy Tower, Inc.


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