page 152 seems to be saying your power supply is not working:
Power Supply Verification
To power on, the computer’s logic board requires “trickle” power. If the system fails to power on, first reset the SMC as described in this chapter. If the computer still doesn’t power on, follow the procedure outlined below to determine whether the issue is related to the power supply.
Verify trickle power
Diagnostic LED 1 indicates the presence of trickle power required by the logic board to begin the startup process.
LED 1 should be yellow when the DIAG_ LED button is pressed, indicating that trickle voltage is present.
Verify Power Supply Is Providing Power
Diagnostic LED 7 indicates that the main power is OK and within regulation. Plug in AC power cord, and press the power-on button on the front panel.
LED 7 should be green when the DIAG_ LED button is pressed, indicating that the main power is OK and within regulation.
If diagnostic LED 4 and LED 5 are both solidly illuminated at power up, improperly seated power supply cables could be one cause of this behavior. Check all power supply cable connections to ensure they are properly seated.
The only slightly different thing I would try is holding the diag button while pressing the power-on button to see if LED 7 Power-ON lights up at all.