Solar Wind Energy Tower, Inc. announced that it has entered into a Memorandum of Understanding with Invest Africa, Inc. Under the "Definitive Agreement" the company will provide technical support and personnel to advise and assist IAI in project development, design, procurement, construction and the operation of a Tower Facility. The company will also assist IAI with the technical and feasibility studies as well as presentations necessary for proposals to the agreed upon nation's Government ministries and potential participants in the projects. The Memorandum of Understanding outlines terms of the license fees for Namibia and Botswana, Africa, as well as specific recurring royalties and fees for each Tower Facility within the territory.
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2018 | Solar Wind Energy Tower, Inc. Announces Completion of Report Validating Its Downdraft Tower Energy Model | CI |
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