Akeena Solar Added to NASDAQ Clean Edge Index

LOS GATOS, Calif.--(BUSINESS WIRE)--Akeena Solar, Inc. (NASDAQ: AKNS), a leading designer and installer of solar power systems, one of the world’s largest producers and suppliers of solar energy products, today announced that it has been added to the NASDAQ Clean Edge U.S. Index (Nasdaq: CLEN) and the NASDAQ Clean Edge U.S. Liquid Series Index (Nasdaq: CELS) (the "Indexes"), effective with the market open on Monday, March 24, 2008.

Gary Effren, chief financial officer of Akeena Solar, commented, "As a leading national installer of solar power systems, we believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. We are honored to be added to the NASDAQ Clean Edge U.S. Index and the NASDAQ Clean Edge U.S. Liquid Series Index. The Clean Edge Index includes leading clean energy companies and we are proud to represent the end of the value chain that sells and installs solar systems for end users. We hope the Indexes will help further strengthen the development of the whole alternative energy industry."

According to NASDAQ's press release on semi-annual changes to the NASDAQ Clean Edge U.S. Indexes dated March 17, 2008, the Indexes are designed to track the performance of clean-energy companies that are publicly traded in the U.S. The Indexes include companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the Indexes cover are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.