Sky Solar Participates in and Makes Important Speech at the Second Sino-EU International Solar PV Industry Development Forum

Export of Services and Capital Leads the Development of the PV Industry

BEIJING, August 12, 2010 - Mr. Su Weili, the Chairman and CEO of Sky Solar Holdings Co., Ltd, a
world leading provider of turn-key solar power solutions participated and
made an important speech at the Second Sino-EU International Solar PV
Industry Development Forum. Over 200 noted top managers and experts from
Europe, the US and Asia participated in this forum. The conventioneers
conducted in-depth discussion and communication on the major topics of how to
effectively promote the development of the PV industry, application
upgrading, global investment, and cooperation of within the PV industry, etc.

Mr. Su Weili, having been immersed in the solar PV industry since 2001,
has witnessed China's PV industry's splendid history, and has thrown himself
into the development, construction and operation of solar power projects with
fruitful achievements. Mr. Su has very strong impressions on the progress of
the PV industry. He said, "In the past 5 years, the world's PV industry has
developed critically fast, and China is playing a particularly key role in
the solar PV industrial chain. While with the rapid expansion of the
production scale, each company is confronting tremendous pressure in market
development." Su emphasized, "Although the PV market in Europe, especially in
Germany, has become relatively mature, the PV market is nearly saturated. On
the other hand, new markets are seeing in-depth and rapid development around
Germany. For instance, France, as the core market of Western Europe,
represents a new wave, while the Czech Republic, as the core market of
Eastern Europe has big potential; Canada and the US, as the core markets of
North America are also opening new space in the market. Thus, the solar PV
firms need more innovative thinking, and need to adjust development
strategies and measures in a timely fashion to better suit the flexible but
promising market."

Finally, Mr. Su felt rather delighted to share the business model of Sky
Solar with others, using global subsidiaries for project development, quality
management of supply chains in China as a guarantee, German engineering
technologies as support, and the capital markets in Europe and North America
lending important financial support for Sky Solar's worldwide business
development. Sky Solar expects to join hands with China's sovereignty fund,
energy firms, financial institutions as well as other investment and
industrial partners to lead the Chinese manufacturing business towards
overseas terminal markets to improve China's position and influence in
international markets, and also give due contribution to promoting the
development of a low-carbon economy and improving the living quality of human
kind.

    For more information, please contact:

     Stephanie Xiong
     Tel:   +86-10-8567-0998 x853
     Email: PR@skysolargroup.com

Stephanie Xiong of Sky Solar, +86-10-8567-0998 x853, or PR at skysolargroup.com