Media Advisory - Xantrex Technology Inc. and Shanghai Electric Group Officially Launch their Joint Venture to realize growing renewable energy - wind and solar - market opportunities in China



    SHANGHAI, Nov. 28 /CNW/ - On Thursday, November 29, 2007, Senior
officials from Shanghai Electric Co., and Xantrex Technology Inc., will
welcome the Premier of British Columbia, Canada, Honourable Gordon Campbell,
to showcase their joint venture formed in March 2007. The purpose of the Joint
Venture is to design, manufacture, and sell advanced power electronics for the
growing renewable power markets in China.
    China's new Renewable Energy law has made one of the largest
state-sponsored commitments toward renewable energy by requiring 15 percent of
the country's energy mix to be from renewable energy sources such as wind,
solar, hydro, and biomass by the year 2020. The Shanghai Electric Xantrex
Joint Venture is focused on the wind and solar applications for the Chinese
market.

    
    SPEAKERS: Tianxiong Tong, Vice President, Shanghai Electric Group
              Mossadiq S. Umedaly, Chairman, Xantrex Technology Inc.
              Honourable Gordon Campbell, Premier of British Columbia, Canada

    TOPIC:    Remarks about the purpose and opportunities of the Shanghai
              Electric Xantrex Joint Venture and the importance of
              international collaboration to realize commercial growth
              opportunities while addressing global environmental problems

    WHEN:     Thursday, November 29, 2007
              10:30 - 11:30am

    WHERE:    Portman Ritz-Carlton  1376 Nanjing Xi Lu
              200040 Shanghai
              Conference Room: Metropole, 3rd Floor

    RSVP:     Please contact one of the media contacts below to confirm your
              attendance.
    

    About Xantrex Technology Inc.

    Xantrex (www.xantrex.com) is a world leader in the development,
manufacturing and marketing of advanced power electronic products and systems
for the renewable, programmable, and mobile power markets. The company's
products convert and control raw electrical power from any central,
distributed, renewable, or backup power source into high-quality power
required by electronic and electrical equipment. Headquartered in Vancouver,
British Columbia, the company has facilities in Arlington, Washington;
Livermore and San Diego, California; Elkhart, Indiana; Barcelona, Spain;
Reading, England, and Shanghai, China. Xantrex is listed on the Toronto Stock
Exchange under the ticker symbol "XTX".

    About Shanghai Electric Group

    Shanghai Electric (www.chinasec.com/en/index.html) is the single largest
Chinese enterprise engaged in the design, manufacture and sale of mechanical
and electrical systems equipment and general contracting projects. Its
businesses encompass more than ten industries and include Power Generation,
Power Transmission and Distribution, Electromechanical integration, Transport,
and Environmental Protection equipment.





For further information:

For further information: Media Contacts: Donna Clark, Xantrex Technology
Inc., (604) 613-2520, donna.clark@xantrex.com; Jing Wang, Shanghai Electric
Xantrex Power Electronics Co. Ltd., Tel: 6806-3920, Tel: 150 0213 5868,
jing.wang@xantrex.com; Nancy Xie, Media Relations and Public Affairs Officer,
Consulate General of Canada, Suite 604, West Tower, Shanghai Center, 1376
Nanjing Xi Lu, Shanghai 200040, Tel: 6279-8400 ext 5572,
nancy.xie@international.gc.ca

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XANTREX TECHNOLOGY INC.

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