Solar Wind Energy Tower

OverviewSuggest Edit

Solar Wind Energy Tower, Inc. is the innovator and creator behind the Solar Wind Downdraft Tower, the only hybrid solar-wind technology in the market today capable of producing an abundant amount of inexpensive electricity. Solar Wind Energy designed, engineered, and developed its large Solar Wind Downdraft Tower structure utilizing a number of proven technologies and construction systems. Solar Wind Downdraft Towers use benevolent, non-toxic natural elements to generate electricity economically by integrating and synthesizing numerous proven as well as emerging technologies.
TypePublic
Founded1962
HQAnnapolis, US
Websitesolarwindenergytower.com

Latest Updates

Employees (est.) (Feb 2019)2(-33%)
Share Price (Oct 2017)$0 (-14%)

Solar Wind Energy Tower Office Locations

Solar Wind Energy Tower has an office in Annapolis
Annapolis, US (HQ)
1997 Annapolis Exchange #300
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Solar Wind Energy Tower Financials and Metrics

Solar Wind Energy Tower Revenue

USD

Net income (Q3, 2016)

(225.5k)

EBIT (Q3, 2016)

(105.1k)

Market capitalization (31-Oct-2017)

8.6m

Closing stock price (31-Oct-2017)

0.0

Cash (30-Sept-2016)

279.0

EV

8.9m
Solar Wind Energy Tower's current market capitalization is $8.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

General and administrative expense

1.7m2.0m1.8m1.9m1.1m

R&D expense

362.9k180.9k31.3k156.3k113.7k

Operating expense total

2.1m2.2m1.8m2.0m1.2m

Depreciation and amortization

4.5k2.5k708.0
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

General and administrative expense

261.1k292.4k493.3k452.1k639.0k395.1k483.9k409.1k425.6k507.5k434.8k275.0k232.5k213.8k149.8k124.8k104.9k

R&D expense

132.3k110.0k15.1k32.2k90.9k13.9k8.4k15.6k9.0k1.2k82.5k54.9k26.1k31.5k

Operating expense total

393.3k402.4k508.4k484.3k729.9k409.0k492.3k424.7k434.6k508.7k517.3k329.9k258.6k245.3k149.8k124.8k104.9k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Cash

52.3k13.8k61.8k88.8k11.2k

Current Assets

52.3k13.8k61.8k215.2k11.2k

PP&E

11.2k6.8k2.3k1.9k1.2k

Total Assets

72.9k22.8k66.3k384.0k216.6k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

227.6k4.6k98.5k22.1k4.5k25.4k47.3k11.5k7.8k335.3k57.4k39.2k20.9k12.6k680.0436.0279.0

Prepaid Expenses

44.0k20.0k17.1k

Current Assets

271.6k24.6k98.5k22.1k4.5k25.4k47.3k11.5k7.8k461.6k200.9k165.6k22.1k12.6k680.0436.0279.0

PP&E

2.1k12.4k10.1k9.0k7.9k5.6k4.5k3.4k1.3k307.02.1k1.7k1.5k1.4k1.0k826.0649.0
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Net Income

(2.3m)(3.4m)(2.4m)(5.1m)(5.1m)

Depreciation and Amortization

2.2k4.5k4.5k2.5k708.0

Accounts Payable

701.9k216.3k265.8k196.3k341.4k

Cash From Operating Activities

(1.2m)(877.6k)(1.0m)(1.3m)(986.6k)
USDY, 2016

EV/EBIT

-84.9 x

EV/CFO

-79.8 x

EV/FCF

-79.8 x

Debt/Equity

-0.1 x

Debt/Assets

1.7 x

Financial Leverage

-0.1 x
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Solar Wind Energy Tower Online and Social Media Presence

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Solar Wind Energy Tower News and Updates

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

Annapolis, MD - (NewMediaWire) - November 5, 2018 - Solar Wind Energy Tower, Inc. (USOTC: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  tha…

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

Annapolis, MD - (NewMediaWire) - October 29, 2018 - Solar Wind Energy Tower, Inc. (USOTC: 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  t…

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

Annapolis, MD - (NewMediaWire) - October 17, 2018 - Solar Wind Energy Tower, Inc. (USOTC: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 upd…

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

ANNAPOLIS, MD - (NewMediaWire) - October 10, 2018 - Solar Wind Energy Tower, Inc. (USOTC: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 toda…

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

Annapolis, MD - (NewMediaWire) - October 05, 2018 - Solar Wind Energy Tower, Inc. (USOTC: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 nu…

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

Annapolis, MD - (NewMediaWire) - October 04, 2018 - Solar Wind Energy Tower, Inc. (USOTC: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, announced toda…
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Solar Wind Energy Tower Frequently Asked Questions

  • When was Solar Wind Energy Tower founded?

    Solar Wind Energy Tower was founded in 1962.

  • How many employees does Solar Wind Energy Tower have?

    Solar Wind Energy Tower has 2 employees.

  • Who are Solar Wind Energy Tower competitors?

    Competitors of Solar Wind Energy Tower include CPS Energy, The AES Corporation and American Electric Power.

  • Where is Solar Wind Energy Tower headquarters?

    Solar Wind Energy Tower headquarters is located at 1997 Annapolis Exchange #300, Annapolis.

  • Where are Solar Wind Energy Tower offices?

    Solar Wind Energy Tower has an office in Annapolis.

  • How many offices does Solar Wind Energy Tower have?

    Solar Wind Energy Tower has 1 office.