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22.10.2007 13:29:00

AWNE Announces That the USDA Has Provided Grants to Four Projects Carrying the Company's Wind Turbines

Americas Wind Energy Corporation ("AWE” or the "Company”) (OTCBB: AWNE) is pleased to announce that the award by the USDA included grants of $500,000 to each of four projects to rural businesses in Iowa and Oregon that carried the Company’s wind turbines for a total of seven AWE 900 kW wind turbines. In his announcement, U.S. Agricultural Under Secretary for Rural Development Thomas Dorr said, "These funds will help create economic opportunity and reduce energy costs for farmers, ranchers and small businesses in rural communities.” One of these awards has resulted in an order for an AWE 900 kW wind turbine for installation in 2008. AWE expects additional wind turbines to be ordered in the next few weeks. AWE expects that these awards and the resulting installation of AWE direct drive wind turbines in rural U.S. locations will result in increasing demand for AWE’s wind turbines, providing distributed generation of clean renewable energy. About Americas Wind Energy Corp. AWE is focused on the manufacturing and marketing of medium-sized (900 kW) wind turbines for the North American market. AWE’s strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content. All of AWE’s projects to date have made use of local tower manufacturers. AWE is and intends to remain a virtual manufacturer. This means AWE 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. As a key part of the strategy of a virtual manufacturer, AWE plans to maintain strict quality assurance programs and quality control procedures for its subcontractors and partners. If you would like additional information on AWE, please view AWE’s website at www.awewind.com and AWE’s listing on the OTCBB, symbol AWNE. For more information, or to join AWE’s mailing list, please contact the Investor Relations Department by emailing ir@awewind.com. Notice regarding Forward-Looking Statements This press release "contains forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E 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 any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, the expectation and/or claim that: (i) AWE expects additional wind turbines to be ordered in the next few weeks.; (ii) AWE expects that these awards and the resulting installation of AWE direct drive wind turbines in rural U.S. locations will result in increasing demand for AWE’s wind turbines, providing distributed generation of clean renewable energy; (iii) AWE’s strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content; (iv) AWE is and intends to remain a virtual manufacturer; (v) AWE 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 (vi) as a key part of the strategy of a virtual manufacturer, AWE 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) demand for AWE 900 kW wind turbines from rural U.S. wind energy developers; (ii) AWE’s ability to negotiate and complete sales contracts for its wind turbines; (iii) continued support from the USDA of energy efficiency and renewable energy projects; (iv) AWE’s ability to obtain all required parts from suppliers to manufacture wind turbines; (v) AWE having enough funding to complete the manufacture of wind turbines; (vi) AWE’s ability to develop and maintain relationships with subcontractors and qualified manufacturers in North America; (vii) AWE’s ability to manufacture its products in North America cost effectively and efficiently; and (viii) AWE’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 press 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 press 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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