SunPower and Ecoware Sign 130 Megawatt, Four-Year Customer Agreement

SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with Italian solar plant integrator Ecoware, S.p.A.

Under the terms of the agreement, SunPower will provide Ecoware with at least 130 megawatts of its high-efficiency solar panels over the next four years. Ecoware will begin receiving SunPower’s solar panels under the agreement in the first quarter of 2009.

“As electric rates continue to rise, SunPower recognizes the long-term growth opportunity for solar power in Italy and throughout Europe,” said Howard Wenger, SunPower’s president, global business units. “SunPower’s high-efficiency solar panels improve the energy delivery and will lower the levelized cost of energy of Ecoware’s ground mounted trackers.”

Ecoware is a leading Italian systems integrator, designing turn-key power plant solutions. It manufactures dual-axis ground mounted tracker systems, and has designed and installed many solar parks throughout Italy. Ecoware also plans to expand its business into Southern and Eastern Europe.

“SunPower’s high-efficiency solar panels maximize the energy output from each of our proprietary ground-mounted tracker systems by up to 50 percent when compared to conventional solar panels,” said Leopoldo Franceschini, president of Ecoware. “Italy’s abundant sunshine and strong support for solar power offer us the opportunity to substantially expand our operations as one of Italy’s leading solar integrators.”

About SunPower

SunPower Corporation (Nasdaq: SPWRA – News, SPWRB – News) designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia, and Asia. For more information, visit http://www.sunpowercorp.com.

About Ecoware

Ecoware (belonging to Kerself Group, listed on the Italian Stock Exchange – Expandi Market), a leading Italian turn-key PV contractor, designs, manufactures and installs commercial and utility-scale power plants with its brand of bankable fixed and biaxial solutions. Member of Kerself Group, Ecoware offers a truly unique range of services including well established scouting operations in Italy and is expanding into both Southern and Eastern European markets. Ecoware headquarters are in Padua, Italy, forty minutes from Venice, Marco Polo Airport. For more information, visit http://www.ecoware.eu.