RED BANK, NJ - 12/02/09 - TGI Solar Power Group (TSPG), provider of solar and other clean technology products and solutions, announced today that it is in discussions to secure equity financing of up to $10 Million and arrange for additional credit facility.

"We are evaluating several financing options to bring our projects to fruition," said Henry Val, CEO of TGI Solar. "The equity portion will be used to cover soft costs, including installation and engineering. Bank and credit facilities will cover hardware, including panels and inverters."

About TGI SOLAR POWER GROUP INC. TGI Solar (TSPG) is a provider of solar and other alternative energy products and solutions. The firm provides facility and process design and integration know-how with its equipment. The Company offers its products and services to clients on a worldwide basis and currently maintains JVs in Hong Kong and subsidiary in Italy with solar installation, integration and energy consulting firms.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.