PVOne Plays Key Role in Developing Florida's Largest Solar Energy Project.

Harnessing Sun's Power to Generate Electricity Gives New Meaning to 'Sunshine State'

SHREWSBURY, N.J. -- PVOne LLC, a leading developer and financer of large-scale solar power generation systems, announced today its role in the development of a 'brownfields to brightfields' solar energy project poised to be the largest photovoltaic array in Florida and among the largest in the Southeast United States. The project should be operational in the second quarter of 2007.

The 250-KW photovoltaic (PV) system will be located at Rothenbach Park in Sarasota County, FL, on the site of the former Bee Ridge Landfill. Covering an area of 28,000 square feet, the solar energy system will utilize 1,200 photovoltaic panels and will connect directly to the distribution grid. When operational, the solar energy system will produce enough electricity to meet the needs of 50 homes on an annual basis, and prevent 10,500 tons of the greenhouse gas carbon dioxide from entering the atmosphere over its operational life - the environmental equivalent of avoiding the use of 1.1 million gallons of gasoline.

PVOne negotiated the site lease with Sarasota County officials, and a Green Solar Tag Agreement for installation of the PV system. PVOne also brought together experienced industry and financial partners to develop the first solar energy system under Florida's Sunshine Energy Program, a voluntary green power program offered to residential and commercial customers who want to support cleaner, renewable electric generation. PowerLight Corporation, a subsidiary of SunPower Corporation, will work with PVOne to deploy the solar power system, and provide operation and maintenance services; third-party financing will be used to finance the $2.5 million 'brownfields to brightfields' project.

"We are proud to be part of the team developing the first large-scale solar energy system in the state of Florida, and we have nothing but the highest praise for the commitment of all the parties involved in the project, particularly Sarasota County and the State of Florida," said Vaughn Kaizer, PVOne LLC principal and managing member. "Utilizing the Bee Ridge Landfill to harness the sun's energy is a brilliant use of a brownfield, and one that is both financially and environmentally sound."

There are more than 365,000 brownfields in the U.S. that are stabilized and ready for benign development, but municipalities are often at a loss for environmentally sensitive ways to make these sites productive again. According to Kaizer, brownfields represent ideal locations for the installation of solar energy systems due to their proximity to distribution lines and the absence of shading obstructions. An innovative method developed by PowerLight ensures that the photovoltaic panels are securely installed without penetrating the protective clay cap encasing the contents of the landfill - often situated just 18 inches below the surface.

"We hope other states will follow Florida's lead in turning 'brownfields into brightfields' and reducing the country's reliance on fossil fuel for electricity generation," Kaizer said.

About PVOne LLC: PVOne LLC is a strategic project development group that works directly with public and private entities, project developers, PV system installers and integrators to develop and finance customized, large scale rooftop and ground-mounted solar power generation systems which provide competitively priced renewable electricity to host customers throughout the U.S. PVOne also offers its consulting services to renewable energy developers worldwide, and is currently involved with large-scale solar energy projects in Spain and Greece. Learn more at www.pvone.com.