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Friday, 05/07/2010 3:45:51 PM

Friday, May 07, 2010 3:45:51 PM

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WARWICK, RI--(Marketwire - 04/29/10) - Clean Energy and Power, Inc. (Pinksheets:KEPID - News) www.cleanenergyandpower.com today announced that its President, Dennis Shen, is in the Czech Republic visiting selected sites for the Company's solar project deployments. Mr. Shen will also finalize business terms so that installation can commence.

"The rate guarantees of the Czech government and their continued focus on development of solar projects within the country provide a number of potentially profitable opportunities for development," stated Mr. Shen. In addition, Mr. Shen is visiting the banks that have committed funding, backed by the Czech Republic, to the Company's projects.

During his visit, Mr. Shen will also meet with the suppliers and service providers that will be instrumental in the deployments and the ongoing maintenance of the selected sites.

Additional information on the various guarantee programs set up by the EU and the Czech Republic and their applications can be found at:
http://www.eru.cz/dias-read_article.php?articleId=690

Over the next few weeks additional information on the development of the Company's projects will be communicated to our shareholders and the market.

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