Broadwind Energy Announces $34 Million in New Tower Orders

Broadwind Energy Announces $34 Million in New Tower Orders

CICERO, Ill., July 24, 2014 (GLOBE NEWSWIRE) -- Broadwind Energy, Inc.
(Nasdaq:BWEN) today announced $34 million in new tower orders from a U.S. wind
turbine manufacturer. Broadwind will produce these towers in its Manitowoc, WI

Broadwind President and CEO Peter Duprey stated, "With these orders,
approximately two-thirds of our tower production capacity for 2015 is sold. We
are currently in late stage discussions to fill the remaining 2015 tower
capacity and have started discussions for additional commitments into 2016 and
beyond. We are confident in the continued demand for wind energy assets in the

About Broadwind Energy, Inc.

Broadwind Energy (Nasdaq:BWEN) applies decades of deep industrial expertise to
innovate integrated solutions for customers in the energy and infrastructure
markets. From gears and gearing systems for wind, steel, oil and gas and
mining applications, to wind towers, to comprehensive remanufacturing of
gearboxes and blades, to operations and maintenance services and industrial
weldments, we have solutions for the energy needs of the future. With
facilities throughout the U.S., Broadwind Energy's talented team of over 800
employees is committed to helping customers maximize performance of their
investments – quicker, easier and smarter. Find out more at

Forward-Looking Statements

This release includes various forward-looking statements related to future,
not past, events. Statements in this release that are not historical are
forward-looking statements. These statements are based on current
expectations, and we undertake no obligation to update these statements to
reflect events or circumstances occurring after this release. Such statements
are subject to various risks and uncertainties that could cause actual results
to vary materially from those stated. Such risks and uncertainties include,
but are not limited to: expectations regarding our business, end-markets,
relationships with customers and our ability to diversify our customer base;
the impact of competition and economic volatility on the industries in which
we compete; our ability to realize revenue from customer orders and backlog;
the impact of regulation on our end-markets, including the wind energy
industry in particular; the sufficiency of our liquidity and working capital;
our restructuring plans and the associated cost savings; our ability to
preserve and utilize our tax net operating loss carry-forwards; and other
risks and uncertainties described in our filings with the Securities and
Exchange Commission, including those contained in Part I, Item 1A "Risk
Factors" of our Annual Reports on Form 10-K.

         Joni Konstantelos, 708.780.4819
         LHA CONTACT:
         Jody Burfening/Carolyn Capaccio, 212.838.3777

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