| OTC Markets: SWET
Based in Annapolis MD, Solar Wind Energy Tower, Inc. (OTCQB:SWET) is the innovator and creator behind the only patented hybrid solar-wind technology in the market today capable of producing an abundant amount of inexpensive electricity – the Solar Wind Downdraft Tower, a structure built utilizing a number of proven technologies and construction systems.
Formerly known as Clean Wind Energy Tower, Inc., the simplicity of Solar Wind Energy Tower’s revolutionary hybrid solution lies in its ability to harness the natural power of a downdraft created when water is introduced to hot dry air within the confines of the Company’s patented tower structure. The Solar Wind Downdraft Tower has the capability of being operated with virtually no carbon footprint, fuel consumption, or waste production. It generates clean, cost effective and efficient electrical power without damaging effects.
To complement its Solar Wind Energy Downdraft Tower technology and aid in its expansion efforts, the Company developed the Global Energy Generation Calculator, a proprietary software-based analytical program that can determine the energy generation capabilities of its Towers based on the climate in geographic locations around the world. With this program, Solar Wind Energy can quickly respond to a request from virtually any country reasonably suitable to host a project and determine specifically where the Tower should be located, the size of it and the amount of electricity it can produce.
Solar Wind Energy’s patented hybrid solar-wind technology, combined with its analytical tool, provide it with a unique opportunity to plan and target the global positioning of its Towers to help meet the world’s energy needs. The Company’s wholly-owned commercializing subsidiary, Solar Wind Energy Inc., is currently and actively pursuing strategic partnerships with various entities such as utilities, sovereign nations and independent power producers, across the globe to finance the project cost and share in the operational, financial and environmental benefits of these customized Solar Wind Downdraft Towers.
Increasing emphasis on green technologies, growing investments in the industry by large banks, Fortune 500 companies such as Google, and sophisticated investors like Warren Buffett, as well as governmental incentives in the energy industry, make the global environment ripe for new innovation in alternative energy. The time for exploration, innovation and development of alternative renewable energy resources is now.
Facilitating the Company’s mission to help meet the world’s increasing demand for electricity is its assembled team of experienced business professionals, engineering and scientific consultants with the proven ability to bring the idea to market. The Company has filed and been issued several patents that it believes will further enhance the economic and environmental potential of its revolutionary technology.