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Clear Skies Solar, Inc. Added to Ludlow Energy Small-Cap Index

Clear Skies Solar, Inc. Added to Ludlow Energy Small-Cap Index

NEW YORK, May 20, 2008 - Clear Skies Solar, Inc. (OTCBB:CSKH), a leading provider of renewable energy solutions, recently announced that the company has been added to the Ludlow Energy Small-Cap Index.

"It's truly an honor to have Clear Skies Solar added to the much-respected Ludlow Energy Ventures renewable energy index," said Ezra Green, Chairman and CEO of Clear Skies Solar. "CSS has made significant advances in recent years developing high-performance, proprietary technologies like the patented XTRAX(R) Solar Monitoring System and our innovative TetraPort Solar Energy Carport System. These innovations brought us much success and, as a result, positioned us as leaders in the renewable energy industry, as underscored by this announcement."

Mark Blackwell, research associate with Ludlow Energy Ventures commented, "We are pleased to have Clear Skies Solar as a new component to our renewable energy index. Focused on the sub-1MW solar market, Clear Skies Solar provides solutions on the commercial and residential developer level, and adds additional depth to our stock index."

Clear Skies Solar designs, engineers, manufacturers, and installs the most advanced and cutting-edge technology currently available in the renewable energy market. In-house architects, electronics experts, and electricians offering combined decades of construction experience make CSS not only a one-stop solution provider but also a leading solar project developer in the United States today.

The Ludlow Small-Cap Energy Index is a basket of small cap alternative energy stocks. The Index provides both institutional and individual investors a tool for tracking the day-to-day performance of a number of small cap alternative energy stocks in a diversified basket. The index is designed for investors who have a long-term bullish outlook on alternative energy, and may be seeking a diversified portfolio within the sector. The Ludlow Energy Small-Cap Index is owned and operated by Ludlow Energy Ventures, Inc.

For additional information on the Ludlow Energy Small-Cap Index and its components visit

About Clear Skies Solar

Clear Skies Solar, Inc. (CSS) through its wholly owned subsidiary provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time period, CSS developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSS has become one of the premier solar electric installation companies in the country.

For more information about CSS, visit

About Ludlow Energy Ventures, Inc.

Based in New York City, Ludlow Energy Ventures is a venture capital and research advisory firm with a specific focus on the renewable and alternative energy markets. The goal of the firm is to promote investments into alternative and renewable energy projects and ventures worldwide. Ludlow Energy Ventures owns and operates the Ludlow Energy Indices, which tracks a wide basket of US traded large and small cap alternative energy stocks.

For more information about Ludlow Energy Ventures, Inc., visit

Forward-Looking Statement Disclaimer

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.


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