Upsolar PV modules certified for new UK feed-in-tariff

PARIS, June 30, 2010 - The British Board of Agrément (BBA) has granted the MCS
certificate for the complete Upsolar PV module range after a detailed
certification process. The certificate is mandatory in order to be eligible
for Clean Energy Cash Back Incentives (Feed-In-Tariffs). It demonstrates the
quality and reliability of approved products by satisfying rigorous quality
control standards. After the "very good" rating of the leading German
Öko-Test magazine the MCS certificate is now the second independent approval
for Upsolar's module quality in the last few weeks.

BBA performed the certification process over a period of six
months including a full due diligence assessment of the manufacturing
processes, materials, procedures and staff training. In addition the existing
certifications held by Upsolar under ISO 9001, IEC 61215 / 61730 and the IEC
testing laboratory accreditation were examined. The MCS process also included
new Upsolar products such as the 190W module UP-M190M with a high efficiency
of 14.88% that is particularly suitable for roof-top systems.

"Achieving the MCS certification demonstrates the approved
product quality of our modules and the high manufacturing standards. Through
the combination of the product features and the attractive price Upsolar
modules are suitable not only for smaller rooftop installations. Diverse
customers across Europe use them for large scale power plants because they
can rely on their bankability with major financial partners" says Iain
Garner, European Sales Manager of Upsolar.

More information: www.microgenerationcertification.org/
, www.upsolar.com

About Upsolar

Upsolar is a multinational company specialized in the design,
engineering and manufacturing of solar photovoltaic modules. Upsolar's
strength is the development of strict quality control in its manufacturing
process to provide worldwide customers with reliable, excellent products for
all residential, commercial and utility-scale projects. Using top-quality
module components from highly qualified international manufacturers ensures
the delivery of consistent product quality. Upsolar aims to provide the most
reliable and cost-competitive PV modules to its customers.

Safe Harbor Statement

This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes," "estimates" and
similar statements, and include the ability of Upsolar Co.,Ltd to reach the
previously mentioned estimates, moving forward. Such statements involve
certain risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements.

Contact: Silvia Bragagni, Email: silvia.bragagni@upsolar.com,
Cell: +39-328-228-4079

Contact: Silvia Bragagni, Email: silvia.bragagni at upsolar.com, Cell: +39-328-228-4079