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Americas Wind Energy Corporation Has Bid into Hydro Quebec's Recent Call for Tenders in Cooperation with Their Partner the Quebec-Based Cooperative CRERQ For the Development of an 8 Unit Wind Farm in Cap Chat, Quebec.


TORONTO -- Americas Wind Energy Corporation ("AWEC AWEC Australian Wine Export Council " or the "Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AWNE) is pleased to announce the submission by Cooperatives Regroupees en Energie Renouvelable du Quebec ("CRERQ") of a proposed wind farm in Cap Chat, Quebec utilizing 8 AWE AWE - Advanced WavEffect  900kW wind turbines. The planned wind farm is a cooperative wind farm to be built in the Gaspe region of Quebec in partnership with local investors.

AWEC announced the signing of a "Heads of Agreement Heads of Agreement

A non-binding document outlining the main issues relevant to a tentative partnership agreement.

Notes:
It is the draft used by lawyers when drawing up the contract. It serves as a guideline for both parties before any documents are legalized.
" with the CRERQ in a press release dated March 19, 2007. This proposed wind farm bid is the first result of this project.

CRERQ is a cooperative set up, in partnership with a related cooperative, EKUA, to sell and install AWE 900kW wind turbines to industry and rural communities in the province of Quebec.

AWEC believes the technological advantage of AWEC's direct drive wind turbines has gained tremendous support in Quebec from its partners CRERQ and EKUA and from potential customers.

It is anticipated that the major components, including, nacelles, rotors, generators, blades and towers for the AWE 900kW wind turbine turbine, rotary engine that uses a continuous stream of fluid (gas or liquid) to turn a shaft that can drive machinery.

A water, or hydraulic, turbine is used to drive electric generators in hydroelectric power stations.
 will be manufactured in Quebec.

This arrangement is expected to provide AWEC with a lower cost North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 supply base for its North American customers.

About Americas Wind Energy Corp.

AWEC is focused on the manufacturing and marketing of medium sized (900 kW) wind turbines for the North American market. AWEC's strategy is to manufacture as much as possible in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , with the intention of providing both cost effectiveness and local content. All of AWEC's projects to date have made use of local tower manufacturers.

AWEC is and intends to remain a virtual manufacturer. This means AWEC plans to subcontract sub·con·tract  
n.
A contract that assigns some of the obligations of a prior contract to another party.

intr. & tr.v. sub·con·tract·ed, sub·con·tract·ing, sub·con·tracts
 the components of its wind turbines to qualified manufacturers and manufacturing partners to achieve the best in quality at the lowest cost. As a key part of the strategy of a virtual manufacturer, AWEC plans to maintain strict quality assurance programs and quality control procedures for its subcontractors and partners.

If you would like additional information on AWEC, please view AWEC's website at www.awewind.com and AWEC's listing on the OTCBB, symbol AWNE. For more information, or to join AWEC's mailing list An automated e-mail system on the Internet, which is maintained by subject matter. There are thousands of such lists that reach millions of individuals and businesses. New users generally subscribe by sending an e-mail with the word "subscribe" in it and subsequently receive all new , please contact the Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 Department by emailing ir@awewind.com.

Notice Regarding Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities Act of 1933, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe construe v. to determine the meaning of the words of a written document, statute or legal decision, based upon rules of legal interpretation as well as normal meanings.  any of these statements as a definitive or invariable in·var·i·a·ble  
adj.
Not changing or subject to change; constant.



in·vari·a·bil
 expression of what will actually occur or result. Such forward-looking statements in this news release include, among others, the expectation and/or claim, as applicable, that: (i) AWEC believes the technological advantage of AWEC's direct drive wind turbines has gained tremendous support in Quebec from its partners CRERQ and EKUA and from potential customers; (ii) it is anticipated that the major components, including, nacelles, rotors, generators, blades and towers for the AWE 900kW wind turbine will be manufactured in Quebec; (iii) this arrangement is expected to provide AWEC with a lower cost North American supply base for its North American customers; (iv) AWEC's strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content; (v) AWEC is and intends to remain a virtual manufacturer; (vi) AWEC plans to subcontract the components of its wind turbines to qualified manufacturers and manufacturing partners to achieve the best in quality at the lowest cost; and (vii) as a key part of the strategy of a virtual manufacturer, AWEC plans to maintain strict quality assurance programs and quality control procedures for our subcontractors and partners.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) CRERQ's ability to obtain the wind turbine order from Hydro Quebec; (ii) AWEC's ability to keep pace with technological advances in wind turbine technology; (iii) the availability of required windturbine components in Quebec and AWEC's ability to obtain such components; (iv) economic factors, including labor costs, exchange rates and interest rates, affecting the price of components obtained from manufactures in Quebec; (v) AWEC's ability to obtain all required parts from suppliers to manufacture wind turbines; (vi) AWEC having enough funding to complete the manufacture of wind turbines; (vii) AWEC's ability to develop and maintain relationships with subcontractors and qualified manufacturers in North America; (viii) AWEC's ability to manufacture its products in North America cost effectively and efficiently; and (ix) AWEC's ability to maintain and update, when and if required, its quality assurance programs and quality control procedures for its subcontractors and partners. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
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Publication:Business Wire
Geographic Code:1CANA
Date:Sep 27, 2007
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