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DYMON POWER CORPORATION AWARDS OSP INC. (ONTARIO SOLAR PROVIDER INC.) WITH 2.7 MW OF ROOFTOP SOLAR PV PROJECTS IN OTTAWA ONTARIO

PRESS RELEASE

January 24, 2011

DYMON POWER CORPORATION AWARDS OSP INC. (ONTARIO SOLAR PROVIDER INC.) WITH 2.7 MW OF ROOFTOP SOLAR PV PROJECTS IN OTTAWA ONTARIO

OTTAWA, ONTARIO, January 21st, 2011. Dymon Power Corporation (Dymon) has selected Ontario Solar Provider Inc. (OSP) as project manager for the development, procurement, design, installation and financing of its eight rooftop solar PV Projects in Ottawa, Ontario. The completed projects will total about 2.7 MW in installed capacity, sufficient to generate clean electricity for nearly 1000 homes during peak times when the province's power demand is high. The solar installations will save approximately 20,000 tons of carbon dioxide emissions annually, or the equivalent of taking more than 3,000 cars off the road. Construction of Dymon's rooftop solar PV projects will commence in April 2011.

Dymon announced today that it had concluded its selection process for the project management of its portfolio of solar PV projects after reviewing and meeting with more than 30 parties.

Mr. Glen Luckman, CEO of Dymon described the selection process as diligent and extensive. "OSP stood out from the competition due its extensive knowledge of the rooftop solar PV market". Mr. Luckman further stated that "at the end of the day we were very impressed with OSP's track record and understanding of the industry."

Sebastian Seyfarth, OSP's President, described Dymon as "the perfect partner". Mr. Seyfarth explained that OSP has been "very impressed with Dymon's understanding of solar PV and its assertive approach". OSP's CEO, Christian Wentzel, explained that "OSP was thrilled to be partnering with Mr. Luckman and his team on these projects. Dymon has the skill and resources necessary to get these projects done."

The eight projects have been awarded contracts under Ontario's Feed-in Tariff (FIT) program, which was established by the province's Green Energy Act. The projects vary in size from 100kW to 500 kW of installed AC capacity.

Dymon Power Corporation is part of the Ottawa-based Dymon Group of Companies, a fully integrated real estate development group that owns and operates assets with a market value in excess of $300 Million. The Dymon Group is extensively involved in the development and operation of world leading, state-of-the-art storage facilities branded under the name of Dymon Storage. The Dymon Group has also developed and manages two assisted living retirement homes in Ottawa, recognized as the leaders in the marketplace in terms of elegance and quality of care.

For additional information about Dymon, please refer to its websites: DymonSelfStorage.com, LordLansdowne.com, and DukeOfDevonshire.com

Ontario Solar Provider is a Toronto-based solar development and installation company, specializing in Feed-In Tariff (FIT) rooftop solar installations and ground-mounted solar farms. The company's management has developed and financed more than 45,000 kW of ground-mounted installations and constructed over 350 grid-connected rooftop installations comprising in excess of 10,000 kW. OSP's management team have experience in Canada, Germany, Spain, the USA and five other countries, and personally own more than 1,000 kW of rooftop PV systems. OSP's directors and management have worked at leading investment, development and installation firms such as Goldman Sachs, MEP Solar, and SunTec Energiesysteme.

For additional information about OSP, please refer to the company's website at http://www.ontariosp.com

For more information on this topic, please contact Stephen Creighton, Sr. Vice President, Dymon Storage, screighton@dymoncapital.com (613-247-0888 ext. 2234).


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