SWET - Solar Wind Energy Tower, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0018
+0.0001 (+5.88%)
As of 12:30PM EST. Market open.
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Previous Close0.0017
Open0.0017
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0017 - 0.0020
52 Week Range0.0003 - 0.0041
Volume1,047,373
Avg. Volume10,644,048
Market Cap25.74M
Beta (3Y Monthly)-11.35
PE Ratio (TTM)N/A
EPS (TTM)-0.0000
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswirelast month

    Solar Wind Energy Tower, Inc. Receives Letter of Interest to Finance San Luis, Arizona Tower Project

    The Letter of Interest has contingencies attached. AGP and its Investment Advisor, Stevens Strategic Solutions, LLC (S3) are working together to address the contingencies which include, among other items, securing Investment Tax Credit investors for the project for $250MM - $300MM. The Company previously announced that the project would be eligible for up to approximately $350MM in equity contributions for which investors can receive $350 million credit towards their federal income tax due the year of the investment.

  • GlobeNewswirelast month

    Solar Wind Energy Tower, Inc. Announces Completion of Report Validating its Downdraft Tower Energy Model

    ANNAPOLIS, MD , Oct. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Solar Wind Energy Tower, Inc. (SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, announces  that its expert chief meteorologist for the consulting team engaged to develop a computer model solution to accurately and consistently predict the potential power generation of the downdraft Energy Tower has completed its report and made it available for potential financial sponsors and tower developers to evaluate. Recently the Company announced that it had conducted a series of “real time” tests at a 400’ pilot stack test site.  Additional tests and demonstrations are still planned but the initial test results have been compiled and an official report has been prepared.

  • GlobeNewswire2 months ago

    Solar Wind Energy Tower, Inc. Provides Update on Business Developments

    ANNAPOLIS, MD, Oct. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Solar Wind Energy Tower, Inc. (SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, announces update on business and plans for Arizona Downdraft Energy Tower project. The Company has been working with multiple lending and finance sources and will be sharing a professional report describing the proof of concept and correlating the results with the scientific calculations prepared by various consultants to show the predictable outcomes for the Arizona Tower project.

  • GlobeNewswire2 months ago

    Solar Wind Energy Tower, Inc. Announces Successful Downdraft Tower Pilot Testing

    ANNAPOLIS, MD, Oct. 10, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Solar Wind Energy Tower, Inc. (SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, announces today that on Monday, October 8, 2018, additional testing was conducted at a 400 foot pilot downdraft tower proving without doubt that by introducing warm dry air to a water misting system evaporation occurs resulting in colder air which falls, creating a downdraft of wind in a tall tower at predictable speeds given the known ambient conditions. Observing the test was a meteorologist responsible for the design and installation of the weather data collection monitoring system, and the company that actually installed the water delivery and water spray injection system who sent a professional videographer and drone pilot to capture the test on film.

  • GlobeNewswire2 months ago

    Solar Wind Energy Tower, Inc. Responds to Numerous Calls from Shareholders Interested in New Pilot Site Testing Results

    ANNAPOLIS, MD, Oct. 05, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Solar Wind Energy Tower, Inc. (SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, responds to numerous shareholder calls and questions pertaining to the results of the pilot site testing. In a previous, as well as yesterday’s press release, the Company reported that testing had been initiated and was ongoing. The pilot site stack has been outfitted with the necessary professional monitoring and recording devices required by the Company’s meteorological consultants and the testing itself is under the direction and coordination of one of the consultants that is on-site.

  • GlobeNewswire2 months ago

    Solar Wind Energy Tower, Inc. Announces Updates & Approval of Second Amended Precertification of the Arizona Project

    The Company recently announced a new patent filing, completion of the projects final design specs, and that it has field tested to verify the actual energy consumption required to lift the water for the project resulting in a significant increase in annual energy production.  The project now estimates it will be able to produce 5,900,000 Megawatt Hours annually to supply to the grid versus the 2017 estimate of 5,000,000 Megawatt Hours annually. Also, as previously reported, but worth restating...….The final production output estimates are the result of decreasing the number of wind tunnels and increasing the turbines in each tunnel from 2 to 3.  Reducing the number of tunnels from 60 to 40 dramatically increased the wind velocities in each tunnel.  As velocity doubles, the kinetic energy available is cubed.

  • GlobeNewswire3 months ago

    Pilot Test Validates Water Pumping Requirements

    ANNAPOLIS, MD, Sept. 24, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Solar Wind Energy Tower, Inc. (SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive, renewable electricity to meet the world's increasing demand, announced today the final calculations of the energy requirements necessary to deliver water to the top of the proposed Downdraft Energy Tower in San Luis, Arizona was validated by the operation of the water pumping and spray delivery system installed at its 400 foot Pilot Downdraft Tower. The consulting fluid dynamics experts for the Arizona Tower designed the water pumping and spray delivery system for the Pilot Tower incorporating the same guidelines as the Arizona Tower adjusting for the required amount of water flow and lifting heights.