SOURCE: Solar Wind Energy Tower

June 17, 2015 08:30 ET

Arizona Green Power Launches New Website Marketing Pre-Qualified 'Green Electricity' PPAs to California

Huge Benefits to Purchasing Clean, Green Electricity for Large Customers

ANNAPOLIS, MD--(Marketwired - June 17, 2015) - Arizona Green Power LLC ("AGP"), a subsidiary of Solar Wind Energy Tower, Inc. (OTCQB: SWET), the inventor of large Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity, today is pleased to announce the official launch of its new website www.arizonagreenpower.com solely focused on marketing its economical, long-term "Green" Power Purchase Agreements (PPAs) to California-based utilities, and large commercial and industrial customers looking to increase their green-energy initiatives and reduce their carbon footprint.

Electricity sourced from the AGP proprietary, hybrid solar-wind tower facility in San Luis, Arizona, scheduled to be deliverable in 2019, has been "Pre-certified Eligible for California's Renewables Portfolio Standard" (RPS), one of the most ambitious renewable energy standards in the country, by the California Energy Commission. Electricity will be delivered to power purchasers through their existing utilities, with zero capital investment or even change to where or how purchasers pay their electric bill or receive service and maintenance.

Ron Pickett, Managing Member of Arizona Green Power LLC., commented, "Not only is our technology sustainable and independent of other power sources, but also its operation does not rely upon the sun shining or the wind blowing. Purchasers mitigate blackout and brownout risk associated with other alternative power providers due to the variables associated with fluctuating wind velocities or cloudy conditions. This tower is able to produce an abundant amount of electricity 24/7 for up to 50 years which allows us to provide customers with long-term "green power" supply agreements with fixed pricing comparable with current rates."

Mr. Pickett continued, "For utilities and electric service providers who are required under the RPS program to increase procurement from eligible renewable energy resources to 33% of total procurement by 2020, and for large California-based companies that are also held to high standards and fixed goals when it comes to reducing their usage of energy produced from fossil fuels, we are an ideal solution. AGP power can facilitate the achievement of "green energy" targets, boost social responsibility measures, all while providing an abundant amount of electricity long-term at a fixed cost. It's a win for everyone."

Arizona Green Power is now accepting inquiries from interested California-based utilities, commercial and industrial customers who wish to engage in long-term power purchase agreements for its economical "green" electricity. Interested parties are encouraged to submit a purchase inquiry on AGP's website by clicking here.

About Arizona Green Power LLC
Arizona Green Power LLC (AGP) has a license to 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. AGP is developing its first hybrid solar-wind energy Tower in San Luis, Arizona that will be delivering economical "green" power to California-based utilities, government entities, as well as large industrial and commercial customers looking to increase their green-energy initiatives and reduce their carbon footprint. AGP electricity, pre-qualified as "renewable" by the California Energy Commission, will be delivered to future customers through their existing utilities. No capital investment or even change to where or how customers pay their electric bill or receive service and maintenance. Arizona Green Power LLC, a subsidiary of Solar Wind Energy Tower, Inc., is based in Annapolis, MD. For more information visit: www.arizonagreenpower.com or email info@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 Information

  • Contact:
    Arizona Green Power LLC
    1997 Annapolis Exchange Parkway Suite 300
    Annapolis, Maryland 21401
    Phone: 410-972-4713
    E-mail: info@arizonagreenpower.com