First Commercial Hydrokinetic Power Turbine is Successfully Installed

* Reuters is not responsible for the content in this press release.

Mon Jan 5, 2009 11:24am EST

Hydro Green Energy's Broadly Patented Waterpower Technology to Begin
Generating Electricity for City of Hastings, MN in Approximately Two Weeks

HOUSTON, Jan. 5 /PRNewswire/ -- Hydro Green Energy, LLC has successfully
completed the installation of one of two turbines at the nation's first-ever
commercial hydrokinetic power project.  Once the electrical systems are
tested, the hydrokinetic turbine will send clean, environmentally-friendly,
renewable electricity to the Minnesota electric power grid.  The second
underwater turbine will be installed in the spring of 2009. 

"With the successful installation of our first turbine, Hydro Green Energy has
taken another historic step and has strengthened its status as the industry
leader," stated Wayne F. Krouse, Chairman and CEO of Hydro Green Energy.  "We,
with the City of Hastings, are now in a position to soon send the first
hydrokinetic electrons ever to the U.S. power grid."  

Hydrokinetic power refers to the generation of electricity from moving water
without impoundments or diversionary structures that are typically used at
conventional hydropower facilities.  Hydro Green Energy's technology operates
in open rivers, tidal areas and oceans.  Its broadly patented technology (U.S.
Patent # 6,955,049), which is the first surface-suspended system in the
industry, is also deployable downstream from existing hydropower facilities
(known as Hydro+(TM)), which allows for new, clean power generation within the
existing project footprint.  

The City of Hastings is installing a two-turbine Hydro+(TM) project downstream
from its 4.4 megawatt run-of-river hydropower plant on U.S. Army Corps of
Engineers' Lock & Dam No. 2.  The Federal Energy Regulatory Commission
approved the project by a 5-0 vote on December 13, 2008 and on December 23
authorized the installation of the first turbine.  Once the project is
operational, extensive water quality, fish survival, mussel and avian studies
and/or monitoring will be performed by Hydro Green Energy, much at the request
of the National Park Service, which participated extensively in the nearly
two-year long licensing process.  

Hydro Green Energy is responsible for the operation and maintenance of the
hydrokinetic turbines.  Power sales from the turbines' output to Xcel Energy
will be shared between the City of Hastings and Hydro Green Energy.  The
Hastings Project has resulted in 61 green jobs in seven states over the past
two years, including a combined 34 jobs at Portable Barge Service, Inc. of
Newport, MN and TC/American Manufacturing of Waite Park, MN.

"Despite great uncertainty facing the United States workforce, Hydro Green
Energy is providing work for Americans, including highly-skilled, professional
and hard working Minnesotans.  We are immensely impressed with the quality of
the work done in Minnesota and we greatly look forward to expanding these
opportunities in the coming years as the company and its project portfolio
expands," stated Krouse.  "What's more, we eagerly await the new policies of
the incoming Obama Administration, which will serve to bolster the ability of
green energy companies like Hydro Green Energy to grow and to help play a
stronger role in solving the energy, environmental and economic problems
facing this country."

For more information on the project, please visit
http://hgenergy.com/hastings.html


SOURCE  Hydro Green Energy, LLC

Mark R. Stover of Hydro Green Energy, 877-556-6566 x711, mark@hgenergy.com
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