Clenergen Corporation

Clenergen Corporation

April 27, 2011 09:52 ET

Clenergen Positioned to Experience Rapid Growth in the Emerging Markets as a Result of Increased Demand for Electricity from the Industrial and Retail Sectors

CHENNAI, INDIA--(Marketwire - April 27, 2011) - Clenergen Corporation (OTCQB:CRGE)(FRANKFURT:9CE) is seeing an increased demand for electricity in India, Africa, and the Philippines, which has resulted in a surge of business opportunities for its operations. The acute shortage of electricity during both off peak and peak times is resulting in companies and municipalities turning to alternative energy sources and independent power producers to supply electricity.

In the Philippines, the urban centers rural communities rely on diesel generated electricity and are experiencing shortages in diesel supply and higher electricity costs. Clenergen is intending to install its first 2MW gasification power plant on Romblon Island later this year where the government has already requested a further 2MW to be installed.

In Ghana, the large mining companies are being forced to operate for up to 12 hours on back up diesel generators at a cost of 32 cents per liter. Ghana Manganese Mining Company who have signed a Memorandum of Understanding for a turnkey 2MW gasification power plant from Clenergen, anticipate their demand will increase three fold over the next 2 years, as their mining operations expand their productions. Currently Clenergen Ghana is in negotiations with 3 other large mining companies who require both energy security and control over energy cost.

India is seeing the largest increase in demand, as large manufacturers and retailers are moving towards direct Power Supply Agreements, resulting in electricity prices reaching 15 cents per KW/h during peak times. Clenergen India has entered into a number of supply agreements including Tata coffee, Coca Cola and Titanium Watches.

Commenting on these recent developments, Mark Quinn, Executive Chairman of Clenergen, said "The growth potential in the emerging markets provides Clenergen a key competitive advantage through the direct cultivation of energy crops to supply biomass for power generation. These key markets are climatically suited for the cultivation of our propriety bamboo which by the fourth year will start yielding over 40 tons per acre and annually thereafter for 50 years at a cost lower than the current price of coal, solar and wind suppliers."

About Clenergen Corporation

Clenergen Corporation is a publicly-traded company with its common stock quoted in the USA on the OTCQB Market (Symbol: CRGE) and in Germany on the First Quotation Board, Open Market of the Frankfurt Stock Exchange (Symbol : 9CE) Clenergen offers strategic clean energy generation and supply of biomass feedstock to address the requirement for renewable and sustainable supplies of electricity. Clenergen has developed a unique modular system for gasification and localized plantation management. Clenergen also plans to provide biomass feedstock for producing wood pellets for co firing with coal to produce low emission electricity.

Clenergen Corporation uses biomass feedstock to implement sustainable supplies of clean energy for captive end users, islands, mining companies, government or privately-owned power grid systems and other end users. The "Distributed Environmental Power System" marries significant proprietary advancements in plant science with proven long standing engineering technologies to achieve this goal. For further information on Clenergen Corporation and its products and services, go to:

Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"). To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expect," "plan," "will," "may," "anticipate," "believe," "should," "intend," "estimate," and variations of such words. Forward-looking statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, those risks and uncertainties contained in this press release and those identified in the periodic reports that the company files with the Securities and Exchange Commission (the "SEC") pursuant to the Exchange Act.

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