Hannover, Germany and Toronto, Ontario, March 8th, 2010 – Umwelt Management AG (“UMaAG”), a leading developer of wind, biomass and solar projects in Europe, and Oneworld Energy Inc. / COU Solar Inc. (“Oneworld”) announced today that they have signed a contract to have Oneworld construct a number of solar energy projects in Europe in 2010 and 2011. The initial development phase covers the construction of up to 20 MW.

“We are very excited to expand our relationship with Oneworld. This will allow UMaAG to realize the opportunity of a number of its quality solar projects developed in Europe,” stated Uwe Leonhardt, CEO of UMaAG.

“We are extremely pleased to enter into this contract with UMaAG for the development of solar projects in Europe,” stated Chuck Allen, President and CEO of Oneworld. “We see this as a long?term relationship that will create opportunities for both companies”.

About Umwelt Management AG UMaAG
UMaAG is a leading project developer of wind, biomass and solar projects in Europe. UMaAG has been active on the market for renewable energy projects since 1998 and is one of the strongest selling developers of renewable energy project concepts. The company’s management has an extensive track record of completing large projects. UMaAG’s move into solar is the starting point for further positive developments for UMaAG. The company’s website can be found at: www.umaag.de.

About Oneworld Energy Inc.
COU Solar Inc. is an Ontario based full?service photovoltaic solar integrator with operations in North America and Europe. COU develops rooftop and ground?mounted PV solar installations. COU is a Oneworld Energy Inc. company with offices in Toronto, Ontario and Munich and Bamberg, Germany. Oneworld is a diversified international renewable energy company that commenced operations in 2003 and is headquartered in Toronto, Ontario with 8 offices and over 100 employees worldwide. Oneworld’s primary goal is to become an independent power producer by constructing, owning and operating renewable energy projects in diversified geographic markets. To date, Oneworld has designed, planned and constructed over 50 MW of wind energy farms and 25 MW of solar energy parks for clients in Canada, Europe and the United States. Oneworld’s website can be found at: www.oneworldenergy.com.

Safe Harbour Statement – Oneworld Energy Inc.
This press release contains forward?looking statements within the meaning of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward?looking statements, including but not limited to, Oneworld Energy’s ability to raise additional capital to finance its operating activities, the effectiveness, profitability and marketability of its products and services, the future trading of its securities, the future ability of Oneworld Energy to operate as a public company, the period of time during which its current liquidity will enable Oneworld Energy to fund its operations, its ability to protect its proprietary information, the general economic and business environment and conditions, the volatility of Oneworld Energy operating results and financial condition, its ability to attract and retain qualified senior management personnel and research and development staff, its ability to timely and efficiently complete its ongoing construction projects, including its solar parks, and other risks and uncertainties disclosed in Oneworld Energy’s future filings with regulatory bodies. These forward?looking statements involve known and unknown risks and uncertainties and are based on information available to Oneworld Energy’s management as of the date hereof and on its current expectations, assumptions, estimates and projections about Oneworld Energy and the renewable energy industry. Actual results may differ materially from the anticipated results because of such and other risks and uncertainties. Oneworld Energy undertakes no obligation to update forward?looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.

For more information contact:

Oneworld Energy Inc.
Charles (Chuck) Allen, President & CEO
Email: callen@oneworldenergy.com
+1.416.622.7007

Peter Kampian, Executive Vice-President and CFO
Email: pkampian@oneworldenergy.com
+1.416.622.7007

Umwelt Management AG UMaAG
Dipl.-Kfm. Uwe Leonhardt
CEO Umwelt Management AG UMaAG
Email: info@umwelt-management.de
+49.4722.9109.0

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