SOURCE: Solar Wind Energy Tower, Inc.

October 06, 2014 08:30 ET

Solar Wind Energy Tower, Inc. CEO to Present at Clubs Corp "Best of Class" Meeting in West Palm Beach, Florida

ANNAPOLIS, MD--(Marketwired - Oct 6, 2014) - Solar Wind Energy Tower, Inc. (OTCQB: SWET) (the "Company"), the inventor of large Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity, today is pleased to announce that the Company's CEO Ronald Pickett will present at a ClubsCorp Business Link "Best of Class" Luncheon meeting tomorrow, October 7th at Ruth's Chris Steakhouse in West Palm Beach, Florida.

Ronald Pickett, CEO, Solar Wind Energy Tower, Inc. commented: "I am honored to be selected to present at tomorrow's ClubsCorp 'Best in Class' meeting of their West Palm Beach chapter. This is an excellent forum for the Company to not only provide an introduction to our patented hybrid solar wind technology and first Tower project to Club Members who are accredited investors, but also update those who are aware of our current operations and long-term objectives."

Mr. Pickett continued, "In short, we remain extremely enthusiastic and optimistic about our recent development progress in and beyond our initial project in Arizona. There are several other global locations where the desire and need for power is great that also provide prime environments for the Tower. Just last week, the Company announced the acceleration of our development plans in Mexico, where we are actively pursuing the development of a Tower of the same size and capacity of our Arizona Tower. Our efforts have continued across the board to define a new paradigm for alternative energy, one that is self-sustaining. It is our intention to share this paradigm with as many potential investors and development partners as possible."

About ClubsCorp is the next generation of business networking. Featuring online networks for business professionals from entrepreneurs to accredited investors, ClubsCorp members get connected to each other online and through local chapters throughout the country.

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, and the Energy Generation Calculator software which can calculate and predict energy production of a Tower given a site's local weather data. The Company secured the site for its first Tower project in the U.S. in the City of San Luis, Arizona which may be ready for operation as soon as 2018. Under the most recent design specifications, the first Tower in San Luis, Arizona has a design capacity on an hourly basis of up to 1,250 megawatt hours, gross. The Company is also focused on licensing its development know-how and establishing partnerships at home and abroad to propagate Tower development projects in return for licensing fees for territories, development fees during construction, and recurring royalty fees based on the actual kilowatt hours produced by the Tower. Solar Wind Energy has assembled a team of experienced business professionals, engineering and scientific consultants with the proven ability to bring this solution to market.

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. Solar Wind Energy has filed and been issued patents that the Company believes will further enhance this potentially revolutionary technology. Solar Wind Energy Tower, Inc., based in Annapolis, MD, is traded on the OTCQB under the symbol 'SWET'.

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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:
    Solar Wind Energy, Inc.
    1997 Annapolis Exchange Parkway Suite 300
    Annapolis, Maryland 21401
    Phone: 410-972-4713