I’ve managed to convince my wife that somewhere in the Bible it says,
‘Man cannot have too many shotguns and fishing poles.’
The small southwestern Arizona town of San Luis has approved the $1.5 billion Solar Wind Energy Tower Inc. project, which will result in the tallest structure in North America.
Bloomberg News reported today the structure would be 2,250 feet tall. By comparison, the 108-story Willis Tower in Chicago (formerly the Sears Tower) stands at 1,451 feet.
This planned project would use ambient desert heat to create a draft to generate electricity.
The Annapolis, Maryland-based company chose this city 20 miles southwest of Yuma as its first project in the U.S. after evaluating multiple sites in the Southwest over two and a half years, company officials say.
“The San Luis site was selected in part by utilizing our recently announced proprietary software which can accurately calculate and predict energy production 24/7 given local weather data,” said Ron Pickett, CEO of Solar Wind Energy Tower Inc. “By feeding the weather data into the program, the outcome dictates the optimum size of the tower’s dimensions as well as its financial performance. As a result, Solar Wind Energy deemed this location as prime for a tower project.”
The Solar Wind Downdraft Tower structure will resemble a nuclear plant’s cooling tower and would be capable of generating an average rate of 435 megawatt-hours over a year’s time, with the output almost tripling in the hottest months of July and August, Pickett told Bloomberg.
Solar Wind created the technology for the project, which has yet to find financing or an energy customer, according to Bloomberg.
The San Luis City Council approved the deal April 23. The company plans to purchase more than 600 acres in the city, Solar Wind officials say.
Hayley Ringle covers technology and startups for the Phoenix Business Journal.
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
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Walter Unger CCIM
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