Honolulu, HI—January 16, 2011— Keahole Solar Power, Hawaii’s premier renewable energy development company announces the appointment of Tim Wong as President.

Since 2007, Tim has served in the roles of Vice President of Administration, Corporate Secretary and Chief Financial Officer at SOPOGY where in 2009 he was recognized by Pacific Business News as one of Hawaii’s top CFOs. Between 2003-2007, he was a Securities Administrator with Hawaiian Electric (NYSE: HE) where he participated in a $265 million bond issuance and assisted with the implementation of the company’s Sarbanes-Oxley compliance program. Previous positions include Assistant Controller for Spirent Communications Inc. (LSE: SPT), Assistant Vice President for Central Pacific Bank (NYSE: CPF) and he began his career at KPMG, LLP in 1990 where he achieved the title of Senior Auditor and earned his CPA. He is a Certified Real Property Administrator and earned his B.B.A. in Accounting and B.B.A. in Management Information Systems from the University of Hawaii.

In 2009, Keahole Solar Power inaugurated “Holaniku at Keahole Point” Hawaii’s first Concentrating Solar Power farm. That Research, Development and Demonstration facility based on the Big Island of Hawaii produces two megawatts of thermal energy and incorporates two hours of thermal energy storage. The project has a Power Purchase Agreement to sell 500 kilowatts of electrical energy into the Hawaii Electric Light Company (HELCO) grid. Additional thermal energy is used for advanced research and development experimentation that includes steam energy production, new turbine reliability, testing and demonstration, desalination testing and demonstration, new generation collector testing and certification, baseload simulation testing, as well as numerous other proprietary applications.

About Keahole Solar Power
Keahole Solar Power, LLC (KSP) is a diversified clean energy development company with three business units: KSP Development, KSP Energy and KSP Innovation. KSP Development is focused on the project development of utility scaled solar farms throughout Hawaii. KSP Energy owns solar farm assets and operates these facilities. KSP Innovation developed proprietary thermal energy storage, solar farm controls, system operations and has ongoing activities in helping make our solar projects more efficient.

Our goal is to develop 30 megawatts of solar technology in Hawaii by 2015.