Broadwind Energy Wins $37 Million in Tower Orders

Broadwind Energy, Inc. (BWEN) announced today that it has been awarded tower orders totaling approximately $37 million from two U.S. wind turbine manufacturers, for manufacture beginning in late 2012 and extending well into 2013. The towers will be produced in the Company’s Manitowoc, WI facility.

Peter C. Duprey, president and CEO of Broadwind Energy, Inc., stated, “The market for wind towers in the U.S. is coming into balance. Due to the pending expiration of the Production Tax Credit and the wind tower trade case, a number of competitors, both foreign and domestic, have exited the market or repurposed some of their production assets.

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Savitr Capital Sends Letter and Mails Proxy Circular to Western Wind Shareholders

 
Savitr Capital, LLC (“Savitr”), a significant shareholder of Western Wind Energy Corp. (Toronto Venture Exchange: WND) (OTCQX: WNDEF) (“Western Wind” or “the Company”), today sent a letter and mailed its Proxy Circular to Western Wind shareholders urging them to vote for five new independent Board nominees (the “Savitr Nominees”) at the annual general meeting of shareholders to be held on September 25, 2012.

In the Proxy Circular, Savitr highlights a history of failed promises and serious mismanagement under the watch of the current Board, which Savitr details as beholden to CEO Jeff Ciachurski.

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Sprott Power, Wind Canada Investments and Shear Wind announce agreement for the acquisition of Shear Wind by Sprott Power and $30 million public offering by Sprott Power of Extendible Convertible Unsecured Subordinated Debentures

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    The acquisition of Shear Wind by Sprott Power (the "Acquisition") includes two operating assets representing a combined capacity of 63.7 megawatts ("MW"), including the 62.1 MW Glen Dhu asset (the largest wind farm in Nova Scotia)
    80% increase in gross operating assets under Sprott Power management
    Strategic partnerships between Sprott Power and each of Wind Canada Investments and Genera Avante Holdings Canada Inc. ("GAHC"), both subsidiaries of Genera Avante S.L. ("Genera Avante"), with respect to development assets with a potential capacity of over 860 MW and operating assets with power purchase agreements ("PPAs") with Nova Scotia Power Inc. ("NSPI")

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Annapolis, MD - July 31, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (OTCBB:CWET) (the "Company") announced that the Company had communicated to their shareholders of record in a letter that stated:

July 31, 2012

To our valued shareholders,

The executive team at Clean Wind Energy Tower, Inc. has been busy pressing forward to monetize our valuable research, proprietary data and Intellectual Property. Last week we announced that our "Core Patent" had been issued and we believe this provides us with a distinct business advantage over any potential competitor in the development of the first Energy Downdraft Tower.

Read more: Wind Stock News: Clean Wind Energy Tower, Inc. (OTCBB:CWET) Letter to Shareholders

Finavera Wind Energy Announces $22 Million Sale of 77 MW Wildmare Wind Energy Project

Finavera Wind Energy Inc. ('Finavera Wind Energy' or the 'Company') (TSX-V:FVR.V - News) is pleased to announce it has signed a binding Purchase and Sale Agreement to sell the 77 megawatt ("MW") Wildmare Wind Energy Project for approximately $22,000,000 to Innergex Renewable Energy Inc. (TSX:INE.TO - News) ("Innergex"). The Wildmare Wind Energy Project, located near the community of Chetwynd in north east British Columbia, was awarded a 25 year power purchase agreement with B.C. Hydro and is at an advanced stage of permitting. The purchase price of this asset will be approximately $22.0 million, subject to adjustments based on the realization of certain events and milestones. The transaction is subject to satisfaction or waiver of customary conditions precedent for transactions of this nature.

Read more: Finavera Wind Energy Inc ( FVR )