CWE’s
scheme
is
built
around
hollow
cylindrical
structures
equipped
with
a
water-spray
system,
designed
to
each
generate
850MW
from
high-speed
“downbursts”
of
air
that
turn
turbines
in
their
foundations.
More
than
1,500
acres
has
been
set
aside
for
the
Arizona
development.
The
first
tower
was
approved
earlier
this
year.
The
green
light
comes
on
the
heels
of
a
$5m
investment
deal
with
New
York
financiers
Deer
Valley
Management.
CWE
chief
executive
Ronald
Pickett
says:
“We
believe
this
financing
will
provide
a
firm
foundation
for
our
capital
needs
and
will
help
to
accelerate
all
aspects…