NaiKun Wind Energy Group Inc.
TSX VENTURE : NKW

NaiKun Wind Energy Group Inc.

September 26, 2007 08:30 ET

NaiKun Applauds BC Hydro "Clean Power" Call

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2007) - NaiKun Wind Energy Group Inc. (TSX VENTURE:NKW) ("NaiKun") is pleased that BC Hydro has announced a clean call for power to acquire up to 5,000 gigawatt hours of clean electricity. This is enough electricity to power about 500,000 homes in British Columbia.

This announcement is evidence of the provincial government's commitment to implementing the new Energy Plan and addressing the current shortfall in electricity production in this province," remarked Ray Castelli, President and CEO of NaiKun Wind Development Inc.

"We were particularly pleased and delighted that this call will focus only on clean energy sources. This signals to us that large scale wind energy projects, such as NaiKun, will be necessary in order to meet the aggressive targets and timeline suggested by the Energy Plan and this announcement," Castelli added. "NaiKun looks forward to providing input into the draft terms of the clean call and are currently preparing our bid."

NaiKun is proposing to build an offshore wind project in northwestern British Columbia off the east coast of Haida Gwaii. The first phase (320 MW) is currently under development and construction is expected to commence in 2009. A key aspect of the proposed project is HaidaLink: Haida Gwaii's interconnection to the main energy grid via NaiKun's wind farm. This initiative is being developed jointly by NaiKun and the Haida Power Authority.

NaiKun Wind Energy Group Inc. (TSX VENTURE:NKW) is a Vancouver-based energy company that has traded on the TSX Venture Exchange (and its predecessors) since 1967. Since 2000, the company has focused on renewable energy. Its subsidiary, NaiKun Wind Development Inc., is engaged in the development of a major offshore wind project off the coast of British Columbia in an area known as the Haida Energy Field. Interested parties are invited to visit the company's website at www.naikun.ca.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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