http://www.westernwindenergy.com/release.php?id=193
November 01, 2007
Coquitlam, British Columbia - Western Wind Energy is pleased to announce that it is in the process of developing, with the intention of constructing, utility scale solar energy electrical generating facilities in California and Arizona. The solar activities of Western Wind Energy Corporation will fall under the control of a newly incorporated 100% owned subsidiary of Western Wind Energy called "Western Solargenics Inc." Western Solargenics Inc. will be led by Michael Boyd who is currently serving a one-year appointment as Chairman of the Board of Directors of Western Wind Energy Corporation.
The direction of Western Wind Energy into the solar energy electrical generation field is led by several unique and specialized asset holdings of Western Wind Energy Corporation. In order of significance, these unique asset holdings are:
1. Significant firm transmission rights in California;
2. Substantial acreage of lands that are 100% wholly owned by Western Wind Energy;
3. The highest level of solar radiation in North America occurs on Western Wind Energy's wholly owned land holdings;
4. Abundant supply of water available for solar thermal generation facilities;
5. California has the highest energy prices in North America with a further significant premium paid for energy delivery during solar energy's peak generation profile of super on-peak time of day delivery;
6. 30% up front federal tax credit available on the entire project to tax equity investors plus accelerated depreciation allowing for substantial incentives to tax investors at the project level; and
7. With wind energy production in California having a peak generation hour of 12 midnight and solar energy having a peak generation hour of 3:00 p.m., the combination of wind energy and solar energy offers the ratepayers of California a significant amount of certainty, reliability and delivery of both energy and capacity.

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