SOURCE: Market Pulse

May 19, 2008 08:30 ET

Market Pulse Breaking News Alert for Monday, May 19, 2008: NCEN - Nacel Energy Announces Big Joint Venture With Ridge Partners LLC to Bring 600 MW of New Wind Energy Online in Caribbean and Latin America!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - May 19, 2008) - Market Pulse News Alert for this AM, Stocks to Watch are: NACEL Energy Corporation (OTCBB: NCEN), Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), Yahoo! Inc. (NASDAQ: YHOO) and China Precision Steel Inc. (NASDAQ: CPSL).

Investors need to be watching NACEL Energy Corporation (OTCBB: NCEN) this AM! NACEL Energy is engaged in the business of generating clean, profitable, renewable energy from wind. They also include an impressive roster of new joint-venture wind energy projects under development. The total planned generating capacity of NACEL Energy's new wind energy projects is 80 mega watts (MW) -- enough energy to supply the daily needs of 25,000 American homes. NACEL Energy has implemented Garrad Hassan's project design software to optimize wind turbine siting for maximum energy production while meeting environmental, technical and construction constraints. Garrad Hassan is the world's leading wind energy consultancy. NACEL Energy is using GH WindFarmer design and optimization technology to enable world-class energy generation from its growing portfolio of projects representing 80 MW of new wind power. GH WindFarmer is used by the world's major developers, consultancies, owners, operators and manufacturers for wind power generation projects of all sizes. Users include Florida Power & Light, Coopers & Lybrand, GE Wind Energy, Alliant Energy Wind Connect, Babcock & Brown, British Energy, Edison Mission Energy, Conoco, and Tokyo Mitsubishi. NACEL Energy's WINDVEST™ is one of the first in America developing COMMUNITY WIND -- utility-scale power generation from wind turbines, but with a sustainable footprint of less than 20 MW and one or more members of the local community with a direct financial stake. WINDVEST™ is a highly innovative proprietary capital structure and process which enables NACEL Energy to successfully joint-venture with local wind energy developers, expedite timelines and improve project economics. The U.S. energy market is changing and the most dramatic increases in the renewable energy sector have come from wind. Now generating enough energy to power 4.5 million American homes, wind is the nation's fastest growing energy source. In 2007, wind power accounted for 30% of all new U.S. power generation and more than $9 billion was invested in wind energy facilities. The global wind market is estimated to be worth $36 billion annually in new generating equipment, according to the Global Wind Energy Council (GWEC). Wind farm economics improve as the price of oil increases. Currently there are 24 states that have adopted mandates and guidelines that require a certain percentage of energy be utilized from renewable energy resources. NACEL Energy is well-funded, having received capital funding commitments totaling $3.2 million to finance the development phase of its 36 month strategic growth plan consisting of 80 MW of new wind power turbine construction. The company's strong balance sheet boasts total assets more than 50 times total liabilities, no current debt and virtually no long term debt. NCEN offers shareholders the unique opportunity to participate in a fast-growing company with a portfolio of North American utility and community scale wind power generation assets. CNBC guest analyst Francis Gaskins just published a new higher $4.00 target on NACEL Energy. NACEL Energy is poised to become a significant player in the energy and utilities industry! NACEL Energy just had excellent news out in a press release before today's bell announcing they have entered into a big joint venture agreement with Ridge Partners, LLC, an established developer of infrastructure in the Caribbean and Latin America! Nacel Energy and Ridge Partners have teamed up to develop 600 megawatts (MW) of utility class wind energy! Investors should be watching this one closely!

NACEL Energy Corporation (OTCBB: NCEN), a growing wind power company generating clean, renewable energy for America, has entered into a joint venture agreement with Ridge Partners, LLC, an established developer of infrastructure in the Caribbean and Latin America. NACEL Energy and Ridge Partners have teamed to develop 600 megawatts (MW) of utility class wind energy. The Caribbean and Latin American wind power generation projects will enable the companies to participate in the global carbon offset market, providing an additional revenue stream.

NACEL Energy President, Brian Lavery, stated, "Ridge Partners has significant land holdings and a long track record developing infrastructure projects in the Caribbean and Latin America dating back to 1990. NACEL Energy is excited to lever Ridge Partners' considerable resources and experience to expand our wind energy business internationally, to gain the potential to generate revenue from the sale of carbon credits and to grow our wind power generation capacity under development by 600MW."

Tom Kluber, Managing Partner of Ridge Partners, stated:

"We chose to work with NACEL Energy to construct wind energy projects in the Caribbean and Latin America based upon the proven capabilities and past experience of their development team, notably the successful construction of 21 Greenfield utility class wind power generation facilities."

The global carbon emissions trading market grew 80% in 2007 to reach $60 billion, according to Point Carbon, a leading provider of independent analysis and consulting services for the global power, gas and carbon markets. The total traded volume increased by 64% from 1.6 Gt (1.6 billion tons) in 2006 to 2.7 Gt in 2007, according to "Carbon 2008" published by Point Carbon March 16, 2008.

With its recently announced Blue Creek and Channing Flats projects, NACEL Energy currently has 40 MW of domestic wind power under development. The projects are located in West Texas, one of the United States' premier wind energy corridors.

About Ridge Partners LLC

Since 1990, Ridge Partners LLC and its predecessor company Ridge Partners Financial Group Ltd. have developed a diversified portfolio of Caribbean and Latin American energy and transportation infrastructure projects. Currently, Ridge Partners LLC is developing the first phase of a $250 million bio-fuels feedstock plantation to supply 150 million gallons of bio-diesel by 2009. The 750,000 acre project is under contract with a Caribbean government, uses only fallow land and does not displace any food crops or forested land. Ridge Partners LLC is headquartered in Burr Ridge, Illinois.

About NACEL Energy Corporation

NACEL Energy Corporation is a rapidly growing wind power generation company developing clean, renewable energy for America. NACEL Energy develops sustainable utility class wind energy projects using its WindVestTM process incorporating local partners and investors. NACEL Energy was founded in 2006 and is headquartered in Cody, Wyoming. For more information visit our website www.nacelenergy.com

Stocks in the news and acting well as of late include: Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), Yahoo! Inc. (NASDAQ: YHOO) and China Precision Steel Inc. (NASDAQ: CPSL).

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