Tower Tech Holdings, Inc. (OTCBB:TWRTE) subsidiary, Tower Tech Systems, Inc, has entered into a letter of intent to produce and deliver 22 large Wind Tower Support Structures for Gamesa Eolica (MCE:GAM) – one of the largest suppliers of wind power systems in the world. Gamesa Eolica will purchase 22 Wind Tower Support Structures; model G87 -78M from Tower Tech Systems, Inc. for delivery on or before the end of the 3rd Quarter 2006. The four-section Wind Tower Support Structures are 76.2 meters or 250.19 feet tall when erected. Each of the Tower Support Structures has a combined calculated weight of 373,978 lbs or 187 tons.
All 22 Towers and the wind systems that they will support will be deployed as phase-one of the GSG wind energy farm near Sublette, Ill. The multi-phase, utility-scale wind project, under current development, will place wind turbines on 60 different farms around Sublette, West Brooklyn, Mendota and Southern Lee Counties in Illinois.
Samuel Fairchild, CEO of Tower Tech Holdings said, “The aggressive expansion of Gamesa in the United States as well as the chance to be involved in the enormous Sublette Wind Farm Project, promotes a tremendous opportunity for Tower Tech Holdings and its shareholders. We look forward to a long term working relationship with Gamesa, one of the most experienced builders and operators of wind farms in the international market”.
Tower Tech Holdings, Inc, headquartered in Manitowoc, Wisconsin, is dedicated to the exclusive mass-production of large wind tower support structures, wind turbine assemblies and monopiles for the multi-billion dollar wind power industry.
Located on a 46 acre peninsula, Tower Tech leases or has options to lease more than 700,000 square feet of heavy manufacturing under roof. Tower Tech Systems believes that it has one of the largest production capacities of any wind tower manufacturer in North America, and its ability to integrate the entire manufacturing process at its facility sets Tower Tech apart from other manufactures in the United States.
Tower Tech is currently under a multi-year, preferential manufacturing contract with Vestas Wind Systems of Denmark. Vestas Wind Systems is a world wide leader in wind technology and a driving force in the development of the wind power industry.