SWET – San Luis Downdraft Tower – Arizona - Project Profile
"SWET – San Luis Downdraft Tower – Arizona - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Solar Wind Energy, Inc., (SWET) is planning to construct Downdraft Tower project in Arizona, the US.
The project involves the construction of a 685m high, 152m wide energy tower on 259ha of land with a capacity of 1,250MW per hour in summers and 435MW per hour in winters.
It includes the construction of a substation and a 2.5 billion gallons water storage facility; and the installation of solar panels and 120 huge turbines at its base.
Whiting-Turner Contracting Company has been appointed to provide project planning, advanced value engineering, budget and project scheduling services and Aldwych Capital Partners as a financial adviser.
Commonwealth Dynamics, Inc., has been appointed to provide design and construction techniques for the tower, Kroll Cranes S/A of Denmark to create a tower crane system and equipment elevator lift system that would guarantee the construction of the tower in a timely and predictable manner and Holland & Knight to guide SWET on energy policy as well as political policy related to the project.
In April 2014, SWET received rezoning approvals from the San Luis City Council (SLCC).
In November 2015, SWET secured US$600,000 pre-development land cost and a commitment for an additional US$300,000 for pre-development costs.
On March 8, 2017, SWET executed a fifth amendment to the original contract which was set to expire in 2017 to purchase the construction site. The agreement was executed between the four owners of the property and both SWET and Arizona Green Power LLC (AGP), established to develop the project. The agreement will be expired in December 2018 which can be further extended up to three years during construction.
SWET has received Renewable Energy Portfolio Standard(REPS) pre-certification eligibility status from California Energy Commission.
SWET is in the process of finalizing the engineering and construction budget. While AGP is set to submit the project to the investment community at the National Investment Banking Association (NIBA) New York City Conference between June 26 to 27, 2017.
The project involves the construction of a 685m high, 152m wide energy tower on 259ha of land with a capacity of 1,250MW per hour in summers and 435MW per hour in winters in San Luis, Arizona, the US.
The US$1,500 million project includes the following:
1. Construction of a substation
2. Construction of a 2.5 billion gallons water storage facility
3. Installation of solar panels
4. Installation of 120 huge turbines at its base
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