NaiKun Wind Energy Group Inc.

Published : September 16th, 2008

Strengthens Project Team With Addition of Major European Consulting Group

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NaiKun Wind Energy Group Inc.

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NKW

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NaiKun Wind Development Inc.

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September 16, 2008

NaiKun Strengthens Project Team With Addition of Major European Consulting Group

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2008) - NaiKun Wind Energy Group Inc.'s (TSX VENTURE:NKW) wholly-owned subsidiary, NaiKun Wind Development Inc. ("NaiKun"), announced today that it has expanded its engineering team by including Offshore Design Engineering Ltd. ("ODE"), one of the world's leading offshore wind project engineering consultants, to play a major role in designing and constructing its wind energy project in Hecate Strait, off the northern coast of British Columbia, Canada. ODE joins Sandwell Engineering Inc. ("Sandwell") in providing engineering and project management services for the NaiKun project.

ODE will assist the NaiKun team with its operations planning and brings considerable European experience in offshore wind projects, from the planning phase through to construction and operation. Specifically, ODE will provide project management services supporting the preliminary design phase of the project including the preparation of detailed cost and schedule estimates, as well as logistics and construction planning.

Sandwell has assisted NaiKun with transmission and interconnection reports, the design and installation of a marine meteorological station in Hecate Strait and studies to determine site conditions at the project location. Sandwell brings local expertise as well as extensive offshore design and construction experience. Sandwell will continue to provide engineering services supporting the preliminary design phase of the project.

"NaiKun is extremely pleased to have both ODE and Sandwell as members of our project team," said Paul Taylor, NaiKun's President and CEO. "Together they will provide an extremely strong engineering team that is experienced in both offshore wind projects and West Coast marine environments. We view this collaboration as a very important step in bringing the first phase of our project to fruition."

"Sandwell has provided invaluable support over these last two years and we look forward to their continued involvement as we enter a critical stage in our project's development. Also, as a world leader in the development of offshore wind energy projects, ODE will help move the province of British Columbia closer to its goal of energy self-sufficiency," Taylor added.

"NaiKun's wind energy project is an exciting opportunity for ODE to bring its expertise and experience to North America's Pacific coast," said Peter Godfrey, Chairman and Managing Director of ODE. "NaiKun has assembled an outstanding team, its project plans are unique and the proposed site is one of the best we have seen for offshore wind energy development."

"We look forward to our continued involvement in the NaiKun project," said Dave Kaukinen, Vice President and General Manager, Energy and Infrastructure Division of Sandwell Engineering Inc. "This is an excellent project and it will make an important addition to B.C.'s existing renewable energy resources."

ODE (
www.ode-ltd.co.uk) is headquartered in London, UK, and is one of the world's top consultants to developers of offshore wind energy projects. ODE provides comprehensive consulting, engineering, procurement, project management and operations support services for energy projects around the globe, including those in the oil and gas sector, where marine environments tend to be highly challenging.

Vancouver-based Sandwell is an acknowledged leader in the global energy, infrastructure, bulk handling, industrial process, and ports, marine and offshore engineering sectors. With over 75 years of experience as one of B.C.'s largest engineering contractors, Sandwell has a rich history in providing positive economic and sustainable engineering solutions throughout the province and around the world.

NaiKun is preparing a bid into BC Hydro's Clean Power Call Request for Proposals (RFP) for the first phase of its offshore wind energy project. The RFP was issued in June and proposals are due by November 25, 2008. The first phase of the NaiKun project will supply 120,000 B.C. homes with clean electricity.

NaiKun Wind Energy Group Inc. (TSX VENTURE:NKW) is a Vancouver-based renewable energy company traded on the TSX Venture Exchange. Its subsidiary, NaiKun Wind Development Inc., is engaged in the development of an offshore wind project in Hecate Strait off the northern coast of British Columbia, Canada. Additional information is available on NaiKun's website,
www.naikun.ca.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

CONTACT INFORMATION:

NaiKun Wind Development Inc.
Doug McClelland
Director, Communications
(604) 631-4487
Email: dmcclelland@naikun.ca
Website: www.naikun.ca

or

Contact Financial
Chris Gordon
Investor Relations
1-866-689-7422
Email: cgordon@contactfinancial.com

INDUSTRY: Energy and Utilities - Alternative Energy

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NaiKun Wind Energy Group Inc.

CODE : NKW.V
ISIN : CA6298151011
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