SOURCE: Sky Power Solutions Corp.

June 29, 2011 07:00 ET

Sky Power Solutions, Corp. (OTCBB: SPOW) Declares Energy Independence Day on the 4th of July by Releasing Video Presentation in Response to Positive Media Reports on the Development of Its Stand Alone, Residential Solar Power Generation System Capable of Producing Over 2 Kilowatts of Electricity With Zero Emissions Using Sun Light as the Only Fuel

MOORESVILLE, NC--(Marketwire - Jun 29, 2011) - Sky Power Solutions, Corp. (OTCBB: SPOW) (www.skypowersolutions.com), an emerging leader in the development and marketing of next-generation lithium-powered batteries worldwide, and developer of residential concentrated solar collector power systems able to produce 2 Kilowatts (kw) of electric power with ZERO emissions and only Sun Light as the fuel, is pleased to release a video presentation outlining the reasoning behind and the development of Sky Power's residential, stand alone, solar concentrating generation system. This is in response to all the positive media and questions that resulted from previous news releases, and to institute celebration of the 4th of July as Energy Independence Day. "The goal of Sky Power Solutions is to give every energy consumer the opportunity to gain independence from the major power suppliers within their communities, reduce pollution, and help prevent black-outs across the US. We are doing this by providing a solar power generation unit that is environmentally friendly, affordable, compact, and extremely efficient. Every watt produced by solar energy is a watt that has nothing but positive effects on society as a whole," says Steven Edelen, Project Development Manager, Sky Power Solutions Corp.

SEE THE DETAILED PRESS RELEASE INCLUDING THE VIDEO HERE: http://www.skypowersolutions.com/press/20110629.html

The residential solar power station will have the ability to reduce the average user's monthly electric grid consumption by up to 30-40% with ZERO emissions and a ZERO carbon footprint using only the power of the Sun. Visually appealing, the Sky Power Solutions system can easily be installed in most backyards taking less than one third of the space of conventional Solar panels. The entry level price point for a Sky Power Solutions' Concentrated Solar electric system is estimated to be $5,000 at release. Multiple units can be combined for increased capacity.

Electric consumption in the United States is increasing while the Energy Information Administration reports that the growth of electric generating capacity is expected to decline significantly after 2012 and remain below 7 gigawatts per year until 2025. Sky Power Solutions has identified this and is geared to respond with the development and potential sales of the Residential Stand-Alone, Solar concentrating, electric generation systems for Residential Electric Power Generation to allow end users to generate and return their substantial surplus electric usage back to the grid using "Net-Metering" and the Sky Power System.

Sky Power Solutions, the exclusive provider of advanced Lithium Ion battery technology to Li-ion Motors Corp. for use in their all electric, zero emission automobiles, sees the growth in consumer acceptance of all electric cars and the increased burden that will place on the US Electric Grid as electrical capacity is expected to decline. The Residential Solar Generation System will augment the Electric Grid by lowering the grid consumption of the users, producing and sending electricity from the residential user's surplus back into the grid causing the user's electric meter to run backwards. This not only reduces their electric bill, but more importantly adds needed power to a stressed grid benefiting everyone.

FORWARD-LOOKINGSTATEMENT:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.

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