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SonnenEnergy announces 2008 first quarter financial results and strong revenue growth versus comparable period in 2007
Friday May 30, 5:14 pm ET

TORONTO, May 30 /CNW/ - SonnenEnergy Corp. (TSX-V: PWR - News; "SonnenEnergy" or "the company"), an established photovoltaic solar power systems integrator and solar power producer, today announced its fiscal 2008 first quarter results.

Q1 2008 highlights:

- Increased revenue by 288% to $1.58 million from $0.54 million in the
first quarter of 2007
- Integration business completed first sale in Italy
- Integration business signed design, supply and installation agreement
with The Home Depot Canada
- Solar power production business finished Phase 1 of Solar Park Hausen
ahead of schedule. Once operating at full capacity of 2.5 MWp Solar
Park Hausen is expected to generate annual revenues of $1.4 million

Subsequent to the end of Q1:

- Solar integration business commenced construction on $6.5 million,
1.1 MWp solar park for a customer near Munich, Germany
- Opened Italian sales office near Milan, Italy
- Presented at BioFinance 2008 Conference CleanTech luncheon and
seminar


"We are pleased with our strong performance during the first quarter of 2008 as we nearly tripled our revenue through a combination of new customer wins in our integration business and power production revenues from our corporately owned solar plants," said Sudhir Morar, SonnenEnergy's President and Chief Executive Officer. "We are encouraged by the significant revenue growth we achieved during the first quarter, particularly in light of the seasonal nature of the solar industry where, historically, solar integrators have realized higher power production revenues during the summer months."

"The expansion of our operations into Italy represents a major opportunity for our company and, having completed our first sales in Italy during the first quarter of 2008, we look forward to building our presence in this market," continued Mr. Morar. "The Italian climate is extremely well-suited to solar power production and the Italian government has established long-term incentives for solar power production that are in keeping with our expansion strategy."

"By the end of 2008, we plan to increase our global power production capacity to a total of 10 MWp. In our integration business, we intend to install 2 MWp for third party customers this year," added Mr. Morar. "For 2009, our goal is to increase our total installed capacity by an additional 15 MWp."

Growth strategy

SonnenEnergy intends to build its business through a focused growth strategy involving three key elements:

i) new customer wins in the integration business in existing markets;
ii) geographic expansion of both integration and power production
businesses; and,
iii) accretive acquisitions of existing solar power systems integrators
and existing solar power plants.


SonnenEnergy plans to continue to expand both its integration and solar power production businesses into new regions that offer long-term incentives for solar power production, such as Italy, Spain, Greece, South Korea and California.

In North America, SonnenEnergy plans to leverage its engineering expertise and installation experience. The company is also evaluating opportunities to grow through the acquisition of existing solar power systems integrators whose strengths are complementary to SonnenEnergy's expertise in designing and engineering solar power systems.

In Ontario and California, the company intends to expand its integration business through both residential and commercial installations, and by establishing further relationships with strategic partners.

Year-to-date in 2008, SonnenEnergy has installed a total of 1.1 MWp, comprised of 800 kWp for the company's solar power production business and 300 kWp in the integration business.

In 2008, SonnenEnergy plans to increase its global power production capacity to a total of 10 MWp. In its integration business, the company also intends to build and install solar plants with a total capacity of 2 MWp for third party customers by the end of 2008. For 2009, SonnenEnergy plans to increase its total installed capacity by an additional 15 MWp. Of this total, the solar power production business is expected to contribute approximately 10 MWp in the form of solar parks with the remaining 5 MWp coming from SonnenEnergy's integration business in the form of installations for third party customers.

In 2008, SonnenEnergy also intends to increase the average size of the solar installations performed in its integration business. Management believes that, subsequent to the end of the first quarter ended March 31, 2008, the company made progress towards this goal with the completion of an agreement to construct a 1.1 MWp solar plant for a customer in Germany.

Financial Results

The company's financial results are presented in Canadian dollars based on Canadian generally accepted accounting principles ("GAAP").

3 Months Ended 3 Months Ended
March 31, 2008 March 31, 2007

Revenue $1,580,975 $547,027
Gross Margin $733,514 $300,667
Net Income (Loss) $(1,248,776) $(176,922)


Revenue

Revenue for the three months ended March 31, 2008 was $1.58 million, an increase of $1.03 million compared to the first quarter of 2007. The increase in revenue resulted from strong market demand, increased sales efforts, and the completion of a number of projects that were initially expected to be completed in fiscal 2007.

Expenses

General and administrative expenses for the three months ended March 31, 2008 were $0.48 million and increase of $0.17 from $0.31 million in the first quarter of 2007. The increased general and administrative expenses in the first quarter of 2008 resulted largely from increased travel expenses, as well as new costs associated with being a publicly listed company.

Wages and benefits for the three months ended March 31, 2008 were $0.60 million, an increase of $0.37 million from $0.23 million in the first quarter of 2007. The increase in wages and benefits is attributable to the addition of new staff in Germany during 2007 and the inclusion of wages paid to Toronto-based staff and directors during the three-month period ended March 31, 2008.

Net Loss

The net loss for the three months ending March 31, 2008 was $1.25 million, an increase of $1.07 million from $0.18 million for the first quarter of 2007. The increased net loss resulted in large part, from non-cash expense items such as stock options and asset amortization of $0.53 million, solar park interest of $0.23 million, as well as professional fees resulting from the transition from a private to public company.

Earnings Before Interest Taxes Depreciation and Amortization ("EBITDA")

EBITDA for the quarter ended March 31, 2008 was $(0.49) million including stock options. Although EBITDA is non-GAAP measure, management uses it as a gauge of operating performance and has set a goal to be EBITDA positive for the remainder of the year.

The company's complete 2008 first quarter financial statements and management discussion and analysis are available at www.sedar.com or on the company's website at www.sonnenenergy.com.

2008 First Quarter Conference Call & Webcast

SonnenEnergy management will host a conference call on Friday, June 6 at 1:00pm (EST) to review the financial results for the first quarter of 2008. The call will be hosted by Sudhir Morar, CEO. The dial-in number for the call is 416-644-3417 or toll free at 1-800-732-6179. The call will also be audiocast live and archived for 90 days at www.newswire.ca or www.sonnenenergy.com. A taped replay of the conference call will also be available until Friday, June 13 at midnight by calling 416-640-1917 or 1-877-289-8525, reference number 21273683 followed by the number sign.

About SonnenEnergy

SonnenEnergy Corp. is a solar power systems integrator and solar power producer. The company markets, sells, designs, installs, operates, and maintains grid-connected solar power systems and has installed more than 100 photovoltaic ("PV") solar power commercial and residential systems since 2004. SonnenEnergy's corporate offices are located in Toronto, Ontario and its European operations are based in Polling, Germany. The company operates solar power plants in southern Germany which have total installed capacity of more than 5,000 kWp. For more information, please visit SonnenEnergy's website at www.sonnenenergy.com.

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SonnenEnergy to Exhibit at Intersolar 2008
Wednesday June 11, 11:04 am ET

TORONTO, June 11 /CNW/ - SonnenEnergy Corp. (TSX-V: PWR - News; "SonnenEnergy" or "the company"), an established photovoltaic solar power systems integrator and solar power producer, today announced that its German subsidiary, SonnenEnergie GmbH ("SonnenEnergie"), will exhibit at InterSolar 2008, at the New Trade Fair Centre in Munich, Germany.

ADVERTISEMENT
Intersolar 2008, which runs from June 12 to June 14, 2008, is the world's largest solar technology trade fair and the annual gathering place for the international solar industry. SonnenEnergie's exhibit will be located in Hall C2 at Booth 720. For more information about Intersolar 2008 please visit www.intersolar.de or call [phone].

About SonnenEnergy

SonnenEnergy Corp. is a solar power systems integrator and solar power producer. The company markets, sells, designs, installs, operates, and maintains grid-connected solar power systems and has installed more than 100 photovoltaic ("PV") solar power commercial and residential systems since 2004. SonnenEnergy's corporate offices are located in Toronto, Ontario and its European operations are based in Polling, Germany. The company operates solar power plants in southern Germany which have total installed capacity of more than 5,000 kWp. For more information, please visit SonnenEnergy's website at www.sonnenenergy.com.

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SonnenEnergy announces 2008 second quarter financial results

TORONTO, Aug. 26 /CNW/ - SonnenEnergy Corp. (TSX-V: PWR) ("SonnenEnergy"
or "the Company"), an established photovoltaic solar power systems integrator
and solar power producer, today announced its fiscal 2008 second quarter
results.

<<
Q2 2008 highlights:

- Revenue increased by 33% from the second quarter of 2007
- Solar power production generated revenue of $0.4 million
- Phase 1 of Solar Park Hausen commenced operations and produced revenue
of $0.2 million
- Solar power integration business installed 10 solar power systems with
total capacity of 226kWp
- Commenced construction on $6.5 million, 1.1 MWp solar park for a
customer in Germany
- Opened sales office in Italy

Financial Results

The company's financial results are presented in Canadian dollars based on
Canadian generally accepted accounting principles ("GAAP").

3-Months Ended 3-Months Ended
June 30, 2008 June 30, 2007

Revenue $1,499,043 $1,125,526

Gross Margin $754,557 $957,375

Net Income (Loss) ($1,348,975) $4,757

Earnings Per Share ($0.02) N/A

EBITDA ($556,000) N/A
>>

Financials

Revenue for the three months ended June 30, 2008 was $1.50 million, an
increase of 33.0% compared to the second quarter of 2007. The increased
revenue resulted from power generation revenues from Solar Park Hausen, which
began operations during the second quarter of 2008, as well as increased sales
and marketing efforts in the company's integration business.
General and administrative expenses for the three months ended June 30,
2008 were $0.52 million, an increase of 5% from $0.50 million in the second
quarter of 2007. The increased general and administrative expenses in the
second quarter of 2008 resulted largely from the costs associated with a
marketing research program as well as costs associated with the transition
from private to publicly-listed company.
Wages and benefits for the three months ended June 30, 2008 were
$0.62 million, an increase of 46% from $0.43 million in the second quarter of
2007. The increase in wages and benefits is attributable to significant staff
expansion in Germany in 2007 and the addition of Toronto-based directors and
staff in 2008.
The net loss for the three months ending June 30, 2008 was $1.35 million,
an increase of $1.40 million from gain of $0.005 million for the second
quarter of 2007. The increased net loss resulted in large part from an
increase of $0.2 million in salaries and wages; $0.3 million of interest
related to leased assets; $0.4 million of amortization related to leased and
owned assets and $0.2 million of professional fees related to costs of being a
public-listed company.
Earnings Before Interest Taxes Depreciation and Amortization ("EBITDA")
for the quarter ended June 30, 2008 was ($0.56) million including stock
options. The Company defines EBITDA as adding the following to net income;
interest, taxes, depreciation, amortization and stock option expenses.
Although EBITDA is non-GAAP measure, management uses it as a gauge of
operating performance and has set a goal to be EBITDA positive for the
remainder of the year.
For the six-month period ended June 30, 2008 revenue was $3.08 million
compared to $1.13 million for the six-month period ended June 30, 2007.
General and administrative expenses for the six-month period ended June 30
2008 were $1.01 million compared to $0.81 million during the first half of
2007. Wages and benefits for the first half of 2008 were $1.23 million
compared to $0.66 for the comparable period in 2007. Net loss for the
six-month period ended June 30, 2008 was $2.60 million compared to a gain of
$0.005 million for the comparable period in 2007. EBITDA for the six-months
ended June 30, 2008 was ($1.05 million) including stock options.
The company's complete 2008 second quarter financial statements and
management discussion and analysis are available at www.sedar.com or on the
company's website at www.sonnenenergy.com.

2008 Second Quarter Conference Call & Webcast

SonnenEnergy management will host a conference call on Thursday, August
28 at 10:00am (EST) to review the financial results for the second quarter of
2008. The dial-in number for the call is 416 644 3423 or toll free at 1-800
595 8550. The call will also be audiocast live and archived for 90 days at
www.newswire.ca or www.sonnenenergy.com. A taped replay of the conference call
will also be available until Thursday, September 4, at midnight by calling
416-640-1917 or 1-877-289-8525, reference number 21281524 followed by the
number sign.

About SonnenEnergy

SonnenEnergy Corp. is a solar power systems integrator and solar power
producer. The company markets, sells, designs, installs, operates, and
maintains grid-connected solar power systems and has installed more than 160
photovoltaic ("PV") solar power commercial and residential systems since 2004.
SonnenEnergy's corporate offices are located in Toronto, Ontario and its
European operations are based in Polling, Germany. The Company has installed
solar power systems with a combined capacity of 5,000 kWp. For more
information, please visit SonnenEnergy's website at www.sonnenenergy.com.

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SonnenEnergy Announces Further Management Changes and New Date of Annual and Special Meeting
Thursday October 9, 5:00 pm ET

TORONTO, Oct. 9 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the Company") (TSX-V: PWR - News), a photovoltaic solar power systems integrator and solar power producer, today announced John Ross has resigned as Chief Financial Officer of SonnenEnergy. The Company is currently in the process of hiring a replacement for Mr. Ross.

ADVERTISEMENT
SonnenEnergy also announced that, Hans Hager has been reappointed as Geschaftsfuehrer of SonnenEnergie GmbH, SonnenEnergy's wholly-owned German subsidiary. Mr Hager joins John Gamble, Executive Vice-President of Strategic Operations, of SonnenEnergy, and Jeff Dennis, the President and CEO of SonnenEnergy, as Geschaftsfuehrers of SonnenEnergie GmbH. Mr. Hager continues to serve as Chief Operating Officer and a Director of SonnenEnergy.

The Company also announced that the Annual and Special Meeting of SonnenEnergy Corp., which was adjourned on August 26, 2008, has been rescheduled and will now be held on Monday, October 27, 2008 at 4:00 pm (EST) at the law offices of Cassels Brock & Blackwell, located at 40 King Street West, 21st Floor, Scotia Plaza, Toronto, Ontario.

About SonnenEnergy

SonnenEnergy is a solar power systems integrator and solar power producer. The company markets, sells, designs, installs, operates, and maintains grid-connected solar power systems and, since 2004, has installed more than 160 photovoltaic (PV) solar power systems for commercial and residential customers. The company also operates solar power plants in southern Germany, which have total installed capacity of more than 5,000 kWp. SonnenEnergy's corporate offices are located in Toronto, Ontario and its European operations are based in Polling, Germany, with a sales office in Italy. For more information, please visit SonnenEnergy's website at www.sonnenenergy.com.

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SonnenEnergy Announces $2.2 Million Solar Park Financing Agreement with HypoVereinsbank
Friday October 24, 4:30 pm ET

TORONTO, Oct. 24 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the Company") (TSX-V: PWR - News), a leading photovoltaic solar power systems integrator and solar power producer, today announced that it has completed a $2.2 million refinancing agreement for the first phase Solar Park Hausen with the German bank HypoVereinsbank. Under the terms of the agreement, SonnenEnergy has provided its interest in the first phase of Solar Park Hausen as security for the loan. HypoVereinsbank has also agreed to provide an additional $5.4 million in financing to fund construction of the second phase of Solar Park Hausen, which is expected to be completed by the end of the year.

ADVERTISEMENT
Solar Park Hausen is the second solar park owned by SonnenEnergy, which also owns and operates an 11-acre solar park in Waldstetten, Germany. Solar Park Hausen currently has a peak capacity of 0.8 megawatts ("MWp") and upon completion of Phase 2 of the project, will have a capacity of 1.7 MWp.

About SonnenEnergy

SonnenEnergy is a solar power systems integrator and solar power producer. The company markets, sells, designs, installs, operates, and maintains grid-connected solar power systems and, since 2004, has installed more than 160 photovoltaic (PV) solar power systems for commercial and residential customers. The company also operates solar power plants in southern Germany, which have total installed capacity of more than 5,000 kWp. SonnenEnergy's corporate offices are located in Toronto, Ontario and its European operations are based in Polling, Germany, with a sales office in Italy. For more information, please visit SonnenEnergy's website at www.sonnenenergy.com.

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SonnenEnergy Names Sardo Chairman Of Board Of Directors
in News Departments > People
by SI Staff on Monday 03 November 2008
email the content item print the content item

SonnenEnergy Corp., a solar PV system integrator, has named V. James Sardo chairman of its board of directors. Sardo succeeds Jeff Dennis, who will continue as director, president and CEO of the company.

Sardo was interim CEO of Royal Group Technologies Ltd. from 2004 to 2005, president of the Canadian operations of Moore Corp. Ltd. from 1999 to 2001, and president and CEO of SMK Speedy International Inc. from 1997 to 1999.

SOURCE: SonnenEnergy

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SonnenEnergy Corp. Reduces its Issued Capital

TORONTO, Nov. 10 /CNW/ - SonnenEnergy Corp. (TSX-V: PWR), a leading
photovoltaic solar power systems integrator and solar power producer,
announces that it acquired 13,750,000 of its common shares from a former
shareholder, Hans Hager, pursuant to a security agreement dated May 23, 2007
between SonnenEnergy and Mr. Hager. As stipulated in subsection 35(6) of the
Business Corporations Act (Ontario) all such shares have been cancelled
thereby reducing SonnenEnergy's total issued and outstanding common shares
from 55,021,400 to 41,271,400.

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SonnenEnergy Announces Agreement to Build up to CAD $200 Million in Solar Park Projects for ASG Solar Power Income Fund Limited Partnership

TORONTO, Nov. 24 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the
Company") (TSX-V: PWR), a leading photovoltaic solar power systems integrator
and solar power producer, today announced that it has signed an agreement (the
"Agreement") with ASG Financial Corp. ("ASG"), and ASG Solar Power Income Fund
Limited Partnership ("ASG Solar Power Income Fund" or the "Fund") pursuant to
which SonnenEnergy will have the exclusive right to source, build and maintain
solar parks for the Fund.
"We are very pleased to become the exclusive integration partner for ASG
Solar Power Income Fund's solar park projects," said Jeff Dennis, President
and CEO of SonnenEnergy. "This agreement could potentially provide our
integration business with ongoing solar park construction revenues as well as
long-term service and maintenance agreements. We are currently in the process
of conducting due diligence on several potential solar park sites and expect
to announce the first project with the Fund during the first quarter of 2009."
Under the terms of the Agreement SonnenEnergy will i) identify solar park
opportunities; ii) design, build and project manage the projects; and iii)
provide management and maintenance services under long-terms contracts.
Pursuant to the terms of the Agreement, after the Fund invests in a
minimum of CAD $30 million of solar park projects built by SonnenEnergy, ASG
will earn a finders fee equal to the lesser of: (i) 60,000 warrants for every
CAD $1.0 million invested (debt and equity) in solar parks in excess of such
CAD $30 million and up to a maximum of CAD $200 million, either built by
SonnenEnergy for the Fund or sold by SonnenEnergy to the Fund pursuant to the
terms of this agreement; or (ii) such lesser amount of warrants as may be
permitted by the provisions of Toronto Venture Exchange Policy 5.1. The
warrants will be granted to ASG upon delivery of the equity investment by the
Fund, pro-rata in tranches of CAD $1 Million (not to exceed CAD $30 Million in
equity in total) and will vest upon the completion and delivery of the solar
parks to the Fund based upon investment in each solar park delivered. The
warrants shall be exercisable by the Fund for a period of 2 years commencing
upon the issuance of such warrants. Subject to such lower exercise price as
may be allowable in accordance with the policies of the TSX Venture Exchange
(or such other exchange as SonnenEnergy's common shares may trade on from time
to time), the exercise price of such warrants shall be equal to the
weighted-average closing price of SonnenEnergy's common shares on such
exchange for the previous 90 days prior to the grant of the warrants from time
to time.

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SonnenEnergy announces 2008 third quarter financial results and additional management changes
Thursday November 27, 5:00 pm ET

TORONTO, Nov. 27 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the Company") (TSX-V: PWR - News), a leading photovoltaic solar power systems integrator and solar power producer, today announced its fiscal 2008 third quarter results.

Q3 2008 highlights:

- Jeff Dennis named President and CEO
- Total quarterly revenue of $1.0 million, $0.5 million from solar
parks and $0.5 million from integration sales
- Installed 97 kWp of solar power systems.
- Completed construction of 30% of $6.5 million, third party,
SonnenFischer solar park.

Financial Results

The Company's unaudited financial results are presented in Canadian
dollars based on Canadian generally accepted accounting principles ("GAAP").

Three-months Three-months
ended ended
Sept. 30, 2008 Sept. 30, 2007

----------------------------------

Revenue $1,006,494 $1,949,438

Gross Margin $244,375 $642,602

Net Loss $(1,524,613) $(323,328)

Loss per share $0.03 N/A

EBITDA $(1,035,655) N/A


Financials

Total revenue of $1,006,494 in the third quarter of 2008 was 48% lower versus the third quarter of 2007 where revenue was $1,948,020. A number of large orders were delayed until the fourth quarter of 2008, and are expected to ship prior to year end. Revenue from solar parks amounted to $0.5 million during the third quarter of 2008. The Company invested in Solar Park Waldstetten in 2006 and in Solar Park Hausen in late 2007 and early 2008. The Company reported its first revenue from the Solar Park Hausen in the second quarter of 2008. Both projects have long-term pricing agreements in place and are expected to produce ongoing cash flows.

Revenue from solar integration sales to third parties totalled $0.4 million in the third quarter of 2008. The Company installed 97.4 kWp of solar power systems during the quarter.

The cost of sales was $762,119 in the third quarter of 2008 compared to $1,305,418 in the third quarter of 2007, representing an increase of 42% over the same period last year. The decline was a direct result of lower quarterly sales.

General and Administrative expenses in the third quarter of 2008 were $361,135 compared to $337,970 in the third quarter of 2007, representing an increase of 7% over the same period last year. The Company commenced a significant marketing research program in the third quarter of 2008 to better position the Company for future sales and to better understand the markets in which it operates. Travel costs were significant in 2008 as the Company continued to integrate its operations into a public domain company from a private company. Trade show attendance and advertising comprised a significant cost component thus far in 2008, as did the various costs associated with being a publicly-listed company.

Wages in the third quarter of 2008 were $604,670 compared to $523,000 in the third quarter of 2007. The 16% increase in wages over the same period last year was due to the Company expanding staff substantially during 2007 as it expected a significant sales increase would result in 2008. Also, staff was added at the Toronto location to meet the needs of a public company. The Company also accrued expenses associated with a severance settlement paid to a former employee.

Professional fees and expenses in the third quarter of 2008 were $314,225 compared to $nil in the third quarter of 2007. Costs associated with becoming and maintaining a publicly-listed company, including legal and audit expenses have increased substantially from 2007 when the Company was private. The company has incurred substantial legal expenses due to legal conflicts with a current shareholder.

Interest expenses in the third quarter of 2008 were $245,383 compared to $57,611 in the third quarter of 2007. The Solar Park Waldstetten lease was officially activated at the beginning of June. The third quarter interest expense benefited from a reduction in the lease interest expense from 8.9% used previously to 6.9% in the new lease agreement.

Amortization expense in the third quarter of 2008 was $239,391 compared to $47,349 in the third quarter of 2007. The 2008 amortization included the initial charges for the Solar Park Hausen asset and ongoing charges for the Solar Park Waldstetten asset.

The Company has experienced a series of losses and will not accrue for taxes until these losses are reversed to profitability.

Earnings before interest taxes depreciation and amortization ("EBITDA") for the third quarter of 2008 was ($1,035,655) The Company defines EBITDA as adding the following to net income; interest, taxes, depreciation, amortization and stock option expenses.

Year to Date Year to Date
Sept. 30, 2008 Sept. 30, 2007

----------------------------------

Revenue $4,086,512 $3,620,573

Gross Margin $1,732,446 $1,900,644

Net Loss $(4,122,365) $(495,493)

Loss per share $(0.07) N/A

EBITDA $(2,084,722) N/A


For the nine-month period ended September 30, 2008 revenue was $4.1 million compared to $3.6 million for the nine-month period ended September 30, 2007. General and administrative expenses for the nine-month period ended September 30 2008 were $1.4 million compared to $1.1 million during the first nine months of 2007. Wages and benefits for the first nine months of 2008 were $1.8 million compared to $1.2 million for the comparable period in 2007. Net loss for the nine-month period ended September 30, 2008 was $4.1 million compared to a loss of $0.5 million for the comparable period in 2007.

Further Management Changes

John Gamble has been named interim Chief Financial Officer ("CFO") of SonnenEnergy while the Company completes its search for a new CFO. Mr. Gamble continues to serve as Executive Vice-President, Special Operations of SonnenEnergy.

Hans Hager is no longer Geschaftsfuhrer of SonnenEnergie GmbH, SonnenEnergy's wholly-owned Germany subsidiary, or Chief Operating Officer of SonnenEnergy. Mr. Hager continues to serve as a Director of SonnenEnergy.

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SonnenEnergy announces completion of Hausen and Fischer Solar Parks and resignation of Bernard Wilson from Board of Directors and Chairman of Audit Committee

* Tuesday January 13, 2009, 4:30 pm EST

* Yahoo! Buzz
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TORONTO, Jan. 13 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the Company") (TSX-V: PWR - News), a leading photovoltaic solar power systems integrator and solar power producer, today announced that it completed the second phase of Solar Park Hausen before the end of 2008 as planned. Solar Park Hausen is the second solar park owned by SonnenEnergy, which also owns and operates an 11-acre solar park in Waldstetten, Germany. Solar Park Hausen has a peak capacity of 1.7 MWp.

SonnenEnergy also announced that it completed Solar Park Fischer, a 1.1 MWp project for a third party customer, at a cost of (euro)4.1 million, prior to the end of 2008.

"Solar Park Hausen is expected to provide the company with annual revenue of (euro)625,000 before debt service for the next 20 years", said Jeff Dennis, President and CEO of SonnenEnergy. "In addition, Solar Park Fischer will add (euro)4.1 million in revenue to the company's fourth quarter of 2008 results, which is approximately 150% more revenue than the company generated in the previous 3 quarters."

Resignation of Bernard Wilson

SonnenEnergy also announced Bernard Wilson's resignation from SonnenEnergy's Board of Directors and as Chairman of the Audit Committee.

Senior management of SonnenEnergy would like to extend its gratitude to Mr. Wilson for his diligent service during his tenure on the Board of Directors.

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SonnenEnergy Corp. Announces Board and Management Change

* On Wednesday June 3, 2009, 11:31 am EDT

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<< TSX Venture Exchange Symbol: PWR >>
TORONTO, June 3 /CNW/ - SonnenEnergy Corp. ("Sonnen" or the "Company") announces that Robert Maxwell, Bill Conway and Henry Blumberg have been appointed to the board of directors of the Company following the resignation of Norman Holesh, JJ de Klerk and David Katz as directors of the Company.

Since 1993 Mr. Maxwell has been the CEO of TGT Solutions Inc, a Premier Systems Integrator which focuses on the use of technology to improve clients' profitability. Mr. Maxwell holds a Bachelors degree in Computer Science and Mathematics from McGill University, a Masters in Business Administration from the University of Stirling and is also a Chartered Accountant in both Canada and the United Kingdom.

In 1996 Mr. Conway founded, and is currently the Managing Director of, Cargonet Inc., an international freight and customs service, based in Toronto, offering ocean, air and truck freight services as well as customs clearance worldwide. Prior thereto he had been employed by Trench Electric, a manufacturer of high voltage transformers and reactors, responsible for shipping their products worldwide.

Mr. Blumberg is a Barrister and Solicitor and partner in the Toronto law firm of Blumberg Segal LLP of Toronto. He is a member of the Law Society of Upper Canada having been admitted to the Bar in Ontario in 1984. Prior thereto he practiced as a solicitor in the Republic of South Africa.

The Company would like to thank Messrs. Holesh, de Klerk, and Katz for their contribution to the Company.