Elemental Power Group, LLC Proposes Development of the World's Largest Fuel Cell Power Plants.

NEW YORK -- Elemental Power Group, LLC, a New York-based renewable energy development company, announces that it has proposed two projects for approval to the state of Connecticut through its Project 100 renewable energy RfP. The two projects, one in Bridgeport, CT and one in Danbury, CT, if approved by the state, will be the largest fuel cell generation projects in the world, each totaling approximately 30 megawatts of ultra-clean electrical generation.

"Fuel Cells provide extremely clean, reliable 24/7 electricity. Projects such as our Bridgeport and Danbury facilities are just the beginning of a strategy to supplement our nation's renewable portfolio of hydro, wind, solar, biomass and geothermal sources with a highly-efficient urban renewable energy resource," said Robert Babcock, President of Elemental Power Group ("EPG).

The state of Connecticut established the Connecticut Clean Energy Fund ("CCEF") to promote faster and wider installation of renewable energy sources in the state. The CCEF then established "Project 100" to provide incentives for the installation of 100 megawatts of renewable energy generation by 2008. EPG has proposed its projects under round two of Project 100. Awards are scheduled to be announced near the end of March 2007.

"Should we be granted an award by the CCEF, our plan is to have our facilities producing power by late 2008 and to be fully operational by the summer of 2009," Babcock said.

Each of the proposed facilities would provide very clean, quiet, low-emissions power to the local communities in which they are located. The Bridgeport facility is designed to repurpose and refurbish an old industrial structure that is sitting, unused, in the city's heart. The Danbury facility will be constructed on an abandoned lot in that city's aged industrial district approximately one mile from the headquarters of the technology provider, FuelCell Energy, Inc. Both facilities will increase the local tax base, provide added electrical supply in areas in which it is needed, and help to transform areas that have been hard hit by the loss of their industrial base with high-tech, environmentally friendly facilities.

About Elemental Power Group, LLC

Elemental Power Group, LLC ("EPG") is an independent developer of renewable energy projects located in New York. EPG focuses its activities on non-wind renewable energy technologies, especially solar and fuel cell projects. Through its subsidiary company, EPG-Fuel Cell, LLC, EPG endeavors to identify locations, design, permit, contract, finance, build and operate fuel cell power plants in locations where such technology qualifies as a renewable energy resource. Fuel Cells are one of the few truly "urban renewable" technologies that are commercially available and technologically proven. Running on a variety of fuels, fuel cells produce electricity electrochemically and without combustion. The lack of combustion means that there are practically no harmful emissions from fuel cell power plants and their emissions of carbon dioxide are dramatically reduced. This, coupled with their relatively small footprint, gives them great advantages in energy production over other renewable technologies in an urban environment. For more information on the company, and its activities, please visit on the web www.elemental-power.com.