Blue Earth Announces MOU for ~$4.5 Million to Build & Operate 3 Megawatts Solar PV in Hawaii

(prHWY.com) March 27, 2013 - Henderson, NV -- Blue Earth, Inc. (OTCQB: BBLU) a renewable energy and energy efficiency services company, announced today that its wholly owned subsidiary, Xnergy Inc., entered into a binding Memorandum of Understanding ("MOU") with a major renewable energy company to construct about 3 MWs of solar PV projects in Hawaii. Under the MOU, Xnergy will provide engineering support, procurement for majority of the equipment and complete construction ("EPC") services for the approximate 3 megawatts of solar PV projects. The EPC revenue for the Company is expected to be approximately ~$4.5 million.

Procurement and Construction is expected to commence in April and be concluded during the fourth quarter. The parties are concluding final EPC and O&M contracts prior to the start of construction.

"We are delighted to have the opportunity to provide EPC and Operational services for a major renewable energy company. We expect to soon be the largest by MW's installed in the great State of Hawaii and leverage that into more opportunities," stated D. Jason Davis, CEO of Xnergy, Inc. "Expanding our EPC business activities in HI will be beneficial to the ramp up of construction of our HI solar PV pipeline, including the Waianae project, which is now under construction."

"Constructing these projects in conjunction with the completing the Sun Valley projects and commencing our first HI projects will continue the rapid ramp up in revenue growth and help the Company achieve revenue as presented in previous presentations," according to Dr. Johnny Thomas, CEO and President.

Xnergy is a full-service EPC (Engineering, Procurement, Construction) firm, which has engineered, installed, and/or commissioned over a 100 MW of traditional and alternative energy systems. Energy provides a broad range of comprehensive energy solutions including the design and implementation of energy savings projects, energy conservation, energy infrastructure outsourcing, power generation and energy supply and risk management. Xnergy serves private and public clients from all industries throughout the Western United States, including Hawaii and helps them minimize their energy consumption and reduce their carbon footprint.

About BBLU

BBLU is engaged in the clean technology industry with a primary focus on the energy efficiency and renewable energy sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and substantially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor Relations Contact:

Blue Earth, Inc.
Contact person: John C. Francis
Address: 2298 Horizon Ridge Parkway
Suite 205
Henderson, NV 89052
Phone: 702.263.1808 Ext. 103
Website: www.blueearthinc.com
Email: info@blueearthinc.com

###