Day4 Energy Offers Turnkey Solution to Solar Power Investors

Project Financing Partnership to Fuel Growth in Deployment of Leading Solar Power Generation Products

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Burnaby, BC – August 28, 2008 - Day4 Energy Inc. (TSX: DFE), a leading manufacturer of high performance, cost-effective solar electric modules, today announced the strategic partnership with CERTUS Life Cycle AG (CLC) to finance photovoltaic (PV) power generation projects in Europe with a specific focus on the expanding Italian market. Under the arrangement Day4 Energy will leverage its industry leading solar module technology and extensive network of system integration partners to develop turnkey PV power generation projects commissioned and funded by CLC.

CLC is a German based finance company that recently added PV power generation projects to its existing investment portfolio of insurance products. The strategic partnership between the parties provides Day4 Energy with direct access to a new vertical market of investor funded solar power generation projects. In return, CLC will benefit from Day4 Energy’s industry leading technology, which delivers premium return on invested capital performance. With a number of projects under consideration both companies expect the co-operation to translate into tangible business in the near future.

“Having undergone a significant amount of due diligence we feel that Day4 Energy’s ability to combine the installation expertise of its channel partners with superior field performance of Day4 Electrode modules creates a highly attractive investment proposition for our investors.” says Mr. Sibold, chief executive officer of CLC.

Investor funded solar power generation projects represent a very rapidly growing vertical market. The model is expected to prove particularly attractive in markets like Italy that benefit from a strong natural solar resource as well as favorable government subsidies that provide increasingly attractive long-term project returns due to escalating grid power prices.

“I am excited about this strategic co-operation with CLC. It will allow us to deliver premium investment opportunities to the fund’s shareholders as well as to create numerous project opportunities for Day4 Energy and its channel partners”, said George Rubin, president of Day4 Energy. “Solar energy is the business of pre-paid electrical power. As a result of that, financing is an integral part of the solution that also includes technology, system design and installation. We already have industry leading module technology and our channel partners are the best PV system experts in the field. By working together with CLC we are looking to complete the puzzle.”

About Day4 Energy:
Headquartered near Vancouver, British Columbia, Day4 Energy Inc. (TSX: DFE) designs, manufactures and sells photovoltaic (PV) modules based on its patented Day4 Electrode technology, a proprietary method of contacting and interconnecting solar cells that produces PV panels of high power density, increased lifetime and uncompromised aesthetic appearance. Day4 Energy partners with the industry's leading PV cell producers to deliver IEC- and UL-certified commercial and residential solar products to customers throughout Europe and North America.
www.day4energy.com

About CERTUS Life Cycle AG: CERTUS Life Cycle AG (CLC) is a German based initiator of private equity funds. CLC initiates projects via closed funds created and operated within the legal framework of a German GmbH & Co. KG (SPV’s). CLC further obtains equity investments for these funds mainly from the German private investors. CLC’s offices are located in the city of Freiburg, Germany..
www.certus-ag.de

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Press Contact:
Rosalind Jackson
Antenna Group (for Day4 Energy)
415-977-1923
rosalind@antennagroup.com

Investor Contact:
Cory Pala
416-657-2400
CPala@Day4Energy.com

Caution Regarding Forward-Looking Statements
This news release contains forward-looking statements that relate to our current expectations and views of future events. These forward-looking statements include, among other things, statements relating to our expectations regarding our revenues, expenses, cash flows, operating performance and future profitability; our progression towards our goal of positive EBITDA; our targeting of break-even EBITDA by the fourth quarter of 2008; our plans for and timing of expanding our manufacturing capacity; and our ability to meet demand for future contracted deliveries.

The forward-looking statements contained in this news release are based on assumptions, which include, but are not limited to, our ability to expand our annual PV module manufacturing capacity; our ability to secure raw materials at acceptable prices and qualities; our ability to achieve increased PV cell and PV module efficiencies; our ability to expand our existing product line; our ability to attract customers and develop and maintain customer and supplier relationships; our ability to diversify our suppliers; our ability to effectively manage foreign exchange risks; our ability to protect our intellectual property rights and to not infringe on the intellectual property rights of third parties; and our ability to comply with applicable governmental regulations and standards going forward.

Such forward-looking statements are subject to risks, uncertainties and other factors, including those listed in our Annual Information Form filed with Canadian securities regulatory authorities, many of which are beyond our control and each of which contributes to the possibility that our forward-looking statements will not occur or that actual results, performance or achievements may differ materially from those expressed or implied by such statements. These risks, uncertainties and other factors include, but are not limited to, the impact of general economic, market or business conditions; our limited operating history; the current industry-wide shortage of high-purity silicon; risks relating to the protection of our intellectual property and intellectual property infringement claims by third parties; our dependence on a limited number of PV cell suppliers; government subsidies and economic incentives for PV power could be reduced or eliminated; we may be unable to achieve higher PV module efficiencies; our dependence on a limited number of customers and our lack of long-term purchase contracts; demand for PV modules; technological changes in the PV power industry could render our products uncompetitive or obsolete; unexpected warranty expenses; fluctuations in exchange rates; product liability claims; compliance with environmental regulations; and other factors, many of which are beyond our control.

The forward-looking statements made in this news release relate only to events or information as of the date indicated above. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after t