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Pacific Blue Energy Corp. and Patriot Solar Inc. Team Up to Expand Solar Farm Development Opportunities


News provided by

Pacific Blue Energy

Jun 25, 2010, 04:00 ET

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PHOENIX, June 25 /PRNewswire-FirstCall/ - Pacific Blue Energy Corp. (OTCBB: PBEC), a publicly traded developer of renewable energy projects, has announced that it will be partnering with Patriot Solar Inc. in the development of commercial solar farms in the Southwestern United States. Cooperation on such projects by the two companies will include the granting to each other of right of refusal on all such solar projects.

"Patriot is a perfect partner for PBEC because of its experience with designing and building large photovoltaic solar projects," said Joel Franklin, the Chief Executive Officer of Pacific Blue Energy Corp. "We are in the process of identifying more land opportunities for the establishing of solar farms and this fits with Patriot's goal of expanding its operations in the Southwest."

Also based in Arizona, Patriot Solar is an internationally recognized solar engineering and construction company with expertise in design, engineering, site construction, and system operations and maintenance. Patriot's founder and President G. Dale Grey is a registered general contractor in five U.S. states including Arizona, and is the former Large Project Director of First Solar in Germany. Mr. Grey has extensive experience in financing, engineering and constructing a broad spectrum of solar projects ranging from rooftop systems in the 100 kilowatt to 1 megawatt range, on up to 40 megawatt installations containing large 5 to 10 megawatt ground mounted systems.

Patriot President Mr. Grey stated, "We believe that our partners add to our strength and enhance our strong financial and technical base. This partnership moves us to the next step in our expansion in the Southwestern U.S.. Pacific Blue Energy Corp. has already made great strides in developing new sources of renewable energy, and we are glad to be right there working together with them in one of the world's best locations for solar energy."

About Pacific Blue Energy Corp.

Pacific Blue Energy Corp. (PBEC) is a publicly traded solar energy company that seeks to build and manage large renewable energy projects. PBEC's goal is to maximize shareholder value through select property acquisition, timely renewable energy facility construction and informed management of those projects. Headquartered in Arizona, one of the prime solar energy markets in the United States, PBEC is positioned to take advantage of technological advances that will drive the coming surge in the U.S. solar generated electricity market.

More information is available at www.PacificBlueEnergyCorp.com

About Patriot Solar Inc.

Patriot Solar is an Arizona based and also nationally and internationally recognized solar engineering and construction company with expertise in design, engineering, site construction, and system operations / maintenance. Patriot is licensed for both engineering and construction in the State of Arizona providing an integrated team that provides value engineering designs based upon their construction expertise. Patriot Solar specializes in the deployment of medium and large scale projects from 25KW to 10MW. The company also provides environmental, geotechnical, mounting system and rooftop structural engineering and construction.

More information about Patriot Solar can be found at www.patriot-solar.com

Safe Harbor for Forward-Looking Statements

Statements that are not statements of historical or current fact constitute "forward-looking statements." Such statements can often be identified by use of words such as "believe," "expect," "estimate," "intend," "anticipate," "plan," to be uncertain and forward-looking. Forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause our actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with: (i) future financial results and financing requirements; (ii) our ability to control and manage our growth; (iii) the effectiveness, profitability, and marketability of our current and prospective products and services; (iv) our ability to protect proprietary information; (v), the impact of current, pending, or future legislation and regulation on our industry; and (vi) the impact of competitive products, services, pricing or technological changes. Additional risks and forward-looking statements are set forth from time to time in our filings with the United States Securities and Exchange Commission, including our Annual Reports on Form 10-K and our quarterly reports on form 10-Q, which are available on the Commission's website at www.sec.gov. All forward-looking statements included are made as of the date of this information, and we assume no obligation to update any such forward-looking statements.

SOURCE Pacific Blue Energy

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