The American Council On Renewable Energy (ACORE) and New Energy Finance Limited today announced plans for a publication devoted to tracking investment activity in the US clean energy sector.

March 1, 2006

FOR IMMEDIATE RELEASE

Contact: Tom Weirich, American Council On Renewable Energy (ACORE)
Ph: +1-202-393-0001 x7582
E-mail: weirich@acore.org


American Council On Renewable Energy (ACORE) and New Energy Finance to Launch Bi-weekly Briefing on US Finance and Investment

Washington, London - The American Council On Renewable Energy (ACORE) and New Energy Finance Limited today announced plans for a publication devoted to tracking investment activity in the US clean energy sector.

According to New Energy Finance's research, worldwide investment in renewables and clean-tech totaled $42 billion in 2005. With BP, GE, GM, Goldman Sachs, President Bush and others actively touting their support for the sector, interest has never been higher.

"Demand and investment in clean energy are quickly ramping up in North America, so the time is right for a publication devoted entirely to new energy finance issues in the region," said New Energy Finance Founder and CEO Michael Liebreich. "We are pleased to partner with ACORE, the preeminent advocate for green energy in the US, on this important new venture."

The ACORE New Energy Finance Briefing USA will report on issues ranging from seed and start-up investment, to IPOs, M&A activity and project finance. The twice-monthly newsletter will follow the rapid growth of North American wind power, solar energy, and biofuel production and track developments in geothermal, biomass, fuel cell, marine, and small-scale hydropower projects and companies. It will also cover investment activity in power storage, smart power distribution and energy savings, as well as the important emerging area of carbon capture and sequestration.

"ACORE is exceedingly pleased to work with Michael Liebreich and his team at New Energy Finance on the development and promotion of a US finance newsletter," said ACORE President Michael T. Eckhart. "This is a high value, data-driven information service that meets the market's need for more accurate and timely information about the financing of renewable energy companies and projects."

ACORE and New Energy Finance said they plan to debut the new publication in April at the POWER-GEN Renewable Energy & Fuels conference in Las Vegas, which ACORE is co-hosting with PennWell Corporation. The organizations will additionally hold a press briefing at PGRE&F on April 11th entitled "$42 Billion Briefing" which will overview the global trends in clean energy finance in 2005.

The publication will be edited by experienced journalist Ethan Zindler, who covered the proposed Cape Wind offshore project in Cape Cod, Massachusetts for two years and holds an MBA from Columbia Business School.

The one-year subscription rate to the ACORE New Energy Finance Briefing USA will be $1,290. Discounts are available to registered ACORE members.

About the American Council On Renewable Energy (ACORE)

ACORE, a 501(c)(3) membership nonprofit organization headquartered in Washington, D.C., is dedicated to bringing renewable energy into the mainstream of the US economy and lifestyle through information and communications programs. ACORE provides a common platform for the wide range of interests in the renewable energy community including industries, associations, NGOs, utilities, end users, professional service firms, financial institutions and government agencies. ACORE serves as a forum through which the parties work together on common interests. Membership information is available at: www.acore.org.

About New Energy Finance

With offices in London, Washington, New Delhi, and Perth, New Energy Finance is a specialist provider of financial information and associated services to investors in clean energy. The company's New Energy Finance Desktop contains the most comprehensive database of renewable energy finance data in the world with details of over 11,000 active organizations and 4,000 investment transactions. New Energy Finance's twice-monthly international New Energy Finance Briefing contains the latest news and analysis of the sector on a global basis.

In September New Energy Finance was named Euromoney / Ernst & Young Renewable Energy Information Provider of the Year. Recently, the company jointly created and launched the WilderHill New Energy Global Innovation Index, which tracks the performance of 86 clean energy companies worldwide under the ticker NEX.

Contacts:

Subscriptions: Tom Weirich, Business Development Associate, the American Council On Renewable Energy (ACORE), 202.393.0001 x7582, weirich@acore.org

Editorial: Ethan Zindler, U.S. Editor, New Energy Finance, 202.777.7590, ethan.zindler@newenergyfinance.com