Aug 7 2013
Solar Wind Energy Tower, Inc. (the "Company"), the inventor of a large Solar Wind Downdraft Tower structure capable of producing abundant, inexpensive electricity, announced today that SWET recently filed a new patent application titled "Atmospheric Energy Extraction Devices and Methods." This application was filed with request for prioritized examination.
The objectives of the new patent application are significant. Incorporated into the existing core design, for which a patent has already been issued to SWET, are a variety of innovative improvements that will increase the efficiency to construct the Tower and enhance the Tower's operational capabilities.
The original Tower structure was tubular in shape and concentric at both the top and base with consistent wall thickness. The new hyperbolic design allows for a reduction in the actual wall thickness of the Tower, and as a result of its shape, produces increased seismic and wind force resistance. The hyperbolic shape of the Tower allows for increased circumference area at the base of the Tower, thereby providing additional room for more and / or larger turbines; potentially enhancing power output. The design also integrates a water storage reservoir within the structure to reduce energy consumption at start up.
Ronald Pickett, CEO of Solar Wind Energy Tower, commented, "This new patent will be an enhancement to the Tower patent that has already been issued. It demonstrates that the ongoing research, development and investigation by the SWET team to refine our model have paid off. Since receiving our initial core patent, which encompasses our unique and efficient power system, our efforts have continued across the board to define a new paradigm for alternative energy, one that is self-sustaining without the need of subsidies."
For more information about this press release and to see a video interview with CEO Ron Pickett discussing information contained herein, please click on the following link: http://www.solarwindenergytower.com/interview.html
About Solar Wind Energy, Inc.
Solar Wind Energy, Inc. ("Solar Wind Energy"), a wholly owned subsidiary of Solar Wind Energy Tower, Inc., was established to commercialize a number of proven, validated technologies and construction systems into a single large Solar Wind Downdraft Tower structure that produces abundant, inexpensive electricity. Our Company's core objective and focus is to become a leading provider of clean, efficient green energy to the world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions for tomorrow's electrical power needs.
Innovative Renewable Hybrid Solar / Wind Energy Technology
We view ourselves as a hybrid solar/wind technology, reflected in the name, Solar Wind Energy Tower, Inc. The simplicity of our solution is comprised of harnessing the natural power of a downdraft created within the confines of our Solar Wind Downdraft Tower structure, a hollow cylinder reaching skyward into the hot, dry atmosphere heated by the solar rays of the sun. The water introduced by the injection system near the top of the Tower evaporates and is absorbed by the hot, dry air. The air becomes cooler, denser and heavier than the outside warmer air and falls through the cylinder at speeds up to and in excess of 50 mph and is diverted into wind tunnels surrounding the base of the Tower where turbines inside the tunnels power generators to produce electricity.
Abundant, Clean, Affordable Electricity Production
The Company has successfully managed to downsize and economize the Tower, reducing capital costs and improving projected financial performance. Solar Wind Energy Tower recently announced the completion of weather data models that confirm that the first tower height has been set at 2,250 feet. This development was made possible by utilizing our recently announced software which can calculate and predict energy production by our Solar Wind Downdraft Towers given local weather data. By feeding the weather data into the program, the tower's height and diameter can be adjusted along with the amount of water added as fuel to create a desired amount of energy. The outcome dictates the optimum size of the tower's height and width.
Under the most recent design specifications, the Tower in Arizona has a design capacity on an hourly basis, of up to 1,250 megawatt hours, gross. Using a 60% capacity factor, the Tower's potential hourly yield would be 600 megawatt hours from which approximately 18.5% will be used to power its operations, yielding approximately 500 megawatt hours available for sale to the power grid. Due to lower capacities during winter days, the average daily output for sale to the grid for the entire year is approximately 435 megawatt hours.
In addition to constructing Solar Wind 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 electricity. Solar Wind Energy has assembled a team of experienced business professionals, engineering and scientific consultants with the proven ability to bring the idea to market. Solar Wind Energy has filed and been issued patents that the Company believes will further enhance this potentially revolutionary technology. Solar Wind Energy, Inc., based in Annapolis, MD, is traded on the OTCQB under the symbol 'SWET.' For more information visit www.solarwindenergytower.com