SkyPower and Excess Energy Team Up in Solar Power Joint Venture

    TORONTO and BURLINGTON, ON, Sept. 10 /CNW/ - SkyPower, Canada's largest
renewable energy developer, has entered into a new joint venture with Excess
Energy, a leading installer of solar power systems in Ontario. The joint
venture, called SkyPower Lite, will offer Canadians turnkey solar solutions,
and will initially focus on solar hot water solutions. The effort is an
important part of SkyPower's strategic direction, and leverages its experience
in large wind and solar development.
    "SkyPower Lite is another important step toward building a cleaner and
greener energy future for Ontario," said Kerry Adler, President and Chief
Executive Officer of SkyPower. He noted that the pilot project coincides with
the Ontario government's 2007 green objectives, which targets 100,000
installed solar systems as part of their innovative 'Go Green' climate change
strategy. "SkyPower Lite is proud to play an important role in this
initiative," added Adler.
    "This partnership brings together a combination of 15 years of experience
in both off grid and grid-tie solar and wind energy systems for light
commercial and residential buildings," added Vern Sherwood, Managing Director,
SkyPower Lite and former President of Excess Energy. "Canadians need and want
an opportunity to have solar solutions on their roofs as a responsible option
to reduce pollution and energy costs."

    About SkyPower

    SkyPower, a Lehman Brothers Company, is Canada's largest renewable energy
developer with interests in more than 200 wind and solar projects at various
stages of construction and development across Canada and select U.S. states,
representing more than 11,000 MW of potential capacity. Working with local
partners, SkyPower also has wind energy under development in India, and hydro
projects under development in Panama. For more information, visit

For further information:

For further information: For general inquiries, please contact: Tracy
Erickson, Community & Stakeholder Relations Manager, SkyPower, (416) 979-4625
or; Michelle Chislett, Vice President & Co-head Solar
Group, SkyPower, (416) 979-4625 or

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SkyPower c/o SkyPower Services ULC

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