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 /PRNewswire-Asia-FirstCall/ -- Apollo Solar Energy, Inc. (OTC Bulletin Board: ASOE) ("Apollo" or "the Company"), a vertically integrated miner, refiner and producer of high purity tellurium (Te), tellurium-based compounds and other metals for the solar photovoltaic (PV) industry and specific segments of the electronic materials market worldwide today announced that Dr. Jingong Pan, CEO of the Company, is attending US-China Strategy Forum on Clean Energy held on January 18-20. , Mr. Jon M. Huntsman. Jr. US Ambassador to China, Dr. Steven Chu, Secretary of Energy of US, John P. Holdren, director of the White House Office of Science and Technology, Dr. Gang Wan, Minister of Science and Technology of China, and Mr. Guobao Zhang, director of Energy Bureau of China are speakers at the forum. Chinese President Hu Jintao will meet with the attendees of the Forum during his state visit to the United States occurring at the same time.

"It is an honor for me and for Apollo, as one of two Chinese enterprises in the solar PV industry in the delegation, attending US-China strategy forum on clean energy corporation when Chinese President Hu is making a state visit to the United States. We expect that China and the U.S. will sign numerous cooperation agreements between the two governments during this visit, with clean energy being a major field of cooperation between our two countries. We believe that this visit reinforces Apollo's standing as a major player in solar PV industry." Dr. Jingong Pan, CEO of Apollo Solar, stated. "We also believe that the collaboration of the U.S. and Chinese governments on solar energy developments will increase worldwide demand for our products."

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.