Atlantic Wind & Solar Advances Utility Scale Rooftop Solar Project in the City of Milton, Ontario

    Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL) is pleased to announce that it has entered into an option to lease agreement with a leading Canadian metal manufacturing company, located in the city of Milton, Ontario.

The agreement encompasses the advancement of a 50,000 square foot commercial rooftop which will be utilized to host one of Atlantic's highly efficient 250kW photovoltaic (PV) solar energy systems upon it.

The purchase and installation of this system will be financed by Atlantic and its funding partners.

Upon issuance of the Ontario Power Authority's (OPA) Power Purchase Agreement (PPA), this rooftop solar system is expected to generate a 20 year revenue stream under contract, representing approximately $6 million under the Province's Feed In Tariff (FIT) program. AWSL will be the sole recipient of revenues generated from this project.

Mr. Brent O'Connor, Geneva Bancorp Investor Relations Director for AWSL, commented, "Today's update not only represents the advancement of another project from AWSL's extensive pipeline, but perhaps most notable -- represents the first project to have entered into its final pre construction stage which was introduced and processed by one of North America's largest commercial real estate brokerage firms... This process included overseeing pre feasibility studies, structural engineering reports, proposals, rooftop assessments, long term lease agreements financing, insurance and finally the submission to the OPA for the power purchase agreement... Construction on this project and others is expected to commence immediately upon FIT contract approval."

Rooftop Solar Programs AWSL offers landlords a number of different opportunities to capitalize on their unused commercial rooftop space for the use of utility scale solar energy parks. Aside from being willing to joint venture with landlords, the company also offers to lease rooftop space for a period of no less than 20 years, adding significant guaranteed cap rate value to the building. Rent for this space can be paid 100% up front, over the duration of 20 years, or the landlord may choose to take an equity position in the project.

AWSL... Poised for Growth The acceleration of increased interest, financing, and other developments in the past few months augurs well for Atlantic Wind and Solar's business and overall growth in 2010. The Company intends to further expand in 2010 through strategically targeted acquisitions and potential expansion to offshore Renewable Energy markets.

AWSL management is optimistic that the progress achieved over the past 12-18 months in establishing the Company as a leading developer in the Ontario Renewable Energy market has positioned Atlantic Wind and Solar for rapid growth and enhancement of shareholder value in the foreseeable future.

Sales and Marketing Contacts Property owners and managers with unobstructed commercial rooftops of 30,000 s/f or bigger in the Province of Ontario, Canada, and for which they are interested in possibly leasing to AWSL, are invited to contact Mr. Charles Mazzacato [phone] ext. 230.

All other Renewable Energy system inquiries are asked to phone [phone] or email [e-mail]

For further corporate information and/or to subscribe for regular news updates from Atlantic Wind & Solar, please visit: www.atlanticwindandsolar.com

Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

Investor Relations Contact: Geneva Bancorp. Mr. Brent O'Connor Phone: [phone] ext.223 Email: Email Contact