Cleanfield Selected as Wind Turbine Supplier for World Class VAWT
Cleanfield's India Partner Sai Prasad Energy Releases Sales Forecasts to
June of 2012
Cleanfield & Partners are Awarded R&D Collaboration Funding under
Canada-China Framework Agreement for Nanowire-Based Next Generation
TORONTO, Feb. 13, 2012 /CNW/ - Cleanfield Alternative Energy Inc. ("Cleanfield or Company") (TSXV: AIR) is
pleased to provide a corporate update and outlook for our
shareholders. Despite economic conditions and industry challenges,
Cleanfield's pace of activities is accelerating and now involves a
variety of commercial opportunities, which leverage its proven
experience in the distributed urban energy environment.
Cleanfield's U.S. sales are increasing and now include: the installation
of two turbines at Sebastian Airport in Florida, an installation in
Dallas Texas, and the selection of three V3 VAWT's for a New Jersey
project. In addition, on January 31, 2012 Cedar Valley TechWorks
selected Cleanfield as the wind turbine supplier for their Waterloo,
Iowa project. The Waterloo project will constitute one of the world's
largest VAWT installations.
As of January 2012, over 2,000 architects, engineers and Leadership in
Energy and Environmental Design (LEED) professionals have completed
Cleanfield's on-line or face-to-face course. These individuals are
members of the USGBC and AIA across the United States and are seeking
innovative solutions to integrate clean renewable energy into
commercial, institutional, industrial and residential buildings.
Cleanfield's CEO Tony Verrelli explains, "While the past few years have
been very challenging for our industry, we are optimistic that our
recent sales orders in Canada and the U.S. are indicative of the
growing demand for our wind turbine and solar products. Revenue
opportunities are increasing globally as a result of our partnerships
and of the Company executing on its business plan."
Sai Prasad Energy ("Sai") is aggressively selling and marketing
Cleanfield's hybrid system (solar and wind) for the Indian market.
Sai's national advertising campaign has been very successful, resulting
in a tremendous amount of exposure and inquires. Sai anticipates
installing over ten-hybrid system by June 2012.
Solar Update: Cleanfield currently has over 5MW of solar opportunities at various
stages of the Ontario FIT Program. The Company is also aggressively
seeking solar sales opportunities across North America and India.
Nanowire-Based Next Generation Solar Cells: Nanowire technology (nanowire is about 100,000 times smaller than the
diameter of human hair) will reduce the cost and increase the
accessibility of solar panels, a leading source of renewable energy. On
February 8, 2012 Prime Minister Stephen Harper and Chinese Premier Wen Jiabao announced
the third call for joint research and development projects under the
Canada-China Framework Agreement for Cooperation on the International
Science and Technology Partnerships Program (ISTPP). Cleanfield, along
with its partners (McMaster University, Zhejiang University and
Hyperion Shanghai Drive Technology Co. Ltd.), was awarded R&D
Hybrid Off-Grid System: Cleanfield's hybrid off-grid system, using both the Cleanfield VAWT wind
turbine and solar panels, is currently being marketed in India. The Inverter charges a battery bank and during times when solar
irradiation is minimal or missing (night time), or there is little or
no wind, the stored energy can be used to supply power to a needed
About Cleanfield Alternative Energy: Cleanfield is an innovative technology company focused on the research,
development and distribution of renewable energy solutions for the
urban environment. The company owns industry leading and proprietary
inverter technologies, which it currently sells through a complete
solution - a 3 kW vertical axis wind turbine. The company is also
developing several advanced solar photovoltaic technologies with
Forward Looking Statements: Certain statements in this news release may be considered to be
forward-looking. These statements relate to future events or
Cleanfield's future results including revenues and reflect the current
assumptions and expectations of management. Unknown factors may affect
the events, performance, revenues and results of operations described
herein. Cleanfield undertakes no obligation, and does not intend to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as may be required
under applicable laws.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
SOURCE Cleanfield Alternative Energy Inc.
For further information:
Go to www.cleanfieldenergy.com or contact Tony Verrelli, CEO, Cleanfield at 416 756-4890 or email@example.com.