Signet Solar and BSC-Solar to Build 1.8 MW Solar Farm in the Czech Republic

Construction of Solar Farm Starts End of October, 2009; Grid Connectivity by the
End of 2009
BLÍŽKOVICE, Czech Republic & MOCHAU, Germany--(Business Wire)--
Signet Solar and BSC-Solar today announced that they are jointly developing a
1.8 MW solar power plant in the Czech Republic, located in the Blížkovice
region, South Moravia near the Austrian border. Signet Solar will supply single
junction silicon thin film solar photovoltaic modules totaling 1.8 MW for the
entire project.

The installation of the solar farm is set to start by end of October, 2009.
BSC-Solar will construct the solar photovoltaic farm on five hectares of land
using an estimated 20,000 single junction silicon thin film modules. The solar
farm will be completed and connected to the grid by the end of the year 2009,
and will generate approximately 2.4 million kilowatt hours (Kwh) of electricity
annually.

"This order is a testament to the growing acceptance of Signet Solar`s thin film
photovoltaic modules in the European market," said Gunter Ziegenbalg, Managing
Director of Signet Solar GmbH. "In the future, solar energy in the Czech
Republic will play an increasingly important role. We are pleased by this supply
agreement with the BSC Solar Group, one of the leading solar photovoltaic
project developers in the Czech market, and it will further strengthen and
expand our market position in the Czech Republic."

"BSC-Solar, had a single most important criteria for cooperation with Signet
Solar," said Dieter Schäfer and Dalibor Kopp, Managing Directors of BSC-Solar.
"No two locations are the same and each solar farm requires a customized
approach to development. Signet Solar`s system level application support and
project management expertise delivers an optimal installation experience. This
strong customer commitment, coupled with the high quality of Signet Solar single
junction silicon thin film modules, convinced us that we had made the right
decision in partnering with Signet Solar."

About BSC-Solar

The two-year-old BSC-Solar group designs, develops and implements solar projects
around the world. The BSC-Solar group is developing projects in Thailand, the
Czech Republic and Bulgaria. Rooftop installations are being built in Germany
and the Czech Republic. The BSC-Solar Group is a full value chain project
developer, from concept and permitting process for feed-in licenses to project
construction and turnkey handover.With offices around the world, BSC uses local
solar installation know-how for optimizing cost. BSC-Solar`s core competency
includes planning and execution of creative solar photovoltaic solutions and an
employee base with extensive experience in solar photovoltaics.BSC-Solar adapts
and customizes its projects to customer requirements and the unique requirements
of a particular region. BSC-Solar`s choice of competent partners increases
flexibility and enables it to offer optimal solutions to customers. For more
information please visit www.BSC-Solar.com

About Signet Solar

Signet Solar, Inc. is a global company established in 2006 to bring Clean
Affordable Renewable Energy to people and countries worldwide. Headquartered in
Menlo Park, California, the company has been founded to design, develop,
manufacture and market thin film silicon photovoltaic modules. A first mover in
the commercialization of large area silicon thin film silicon photovoltaic
technology, Signet`s modules will bring down the cost of solar power by reducing
manufacturing costs, balance of system costs, and installation time.Signet`s
products are designed for solar farms, large commercial installations, and
building integrated photovoltaics (BIPV).For more information please visit
www.signetsolar.com.

Signet Solar and Clean Affordable Renewable Energy are trademarks of Signet
Solar, Inc. in the United States and other countries.

BSC-Solar s.r.o.
Grešlové Mýto, +420 (0) 721 085 230 (Media)
or
Signet Solar Inc.
Direct: 650-289-0399 (Media)
pr@signetsolar.com

Copyright Business Wire 2009