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Dr. Pan, CEO of Apollo Solar Energy, Attends US-China Strategy Forum on Clean Energy Corporation and Will Meet with Chinese President Hu Jintao During his Visit to Washington D.C.

CHENGDU, China Jan. 20, 2011 Apollo Solar Energy, Inc. ( OTC Bulletin Board : ASOE) ("Apollo" or "the Company") January 18-20 Jon M. Huntsman China Steven Chu John P. Holdren China Guobao Zhang China Hu Jintao the United States

China the United States China Apollo Solar

About Apollo Solar Energy, Inc.

Apollo Solar Energy, Inc., through its wholly owned subsidiary, Sichuan Apollo Solar Science and Technology Co., Ltd, is primarily engaged in mining, refining and producing high purity tellurium (Te), tellurium-based compounds and other metals for thin film solar PV industry and for specific segments of the electronic materials market worldwide. The Company’s products include CdTe thin-film compounds, CIGS thin-film compounds, ultra- high purity metals and commercial-purity metals.

Safe Harbor Statement

The statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the statements regarding the Company’s expectation that it will become a leading material supplier for the thin film PV panels industry in the future, and that collaborations between the U.S. and Chinese governments on solar energy developments will increase demand for the Company’s products, are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including but not limited to, general economic conditions and regulatory developments, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed or implied by such statements. The forward-looking statements are made only as of the date of this press release, and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstance.

For more information, please contact:

Mr. Wilson Liu, CFO,

Apollo Solar Energy, Inc.

Email: [email protected]

Tel: 01186-15050569338

Investor Relations :

John Campo, IR consultant

Wall Street International

E-mail: [email protected]

Phone: 410-236-8200

SOURCE Apollo Solar Energy, Inc.

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