Solar Power, Inc. Enters Into 2-Megawatt Product Supply Agreement with German Installer of Residential and Commercial Solar Systems

Bayer and Raach to Purchase Solar Power, Inc.’s Modules and SkyMountTM Commercial Rooftop Systems

Tuesday June 16, 2009, 6:00 am EDT

ROSEVILLE, Calif.–(BUSINESS WIRE)–Solar Power, Inc. (“SPI”) (SOPW) announced today that it has executed a supply agreement with Bayer and Raach, a German solar installation company serving the residential and commercial market segments throughout Germany and Southern Europe. The two-megawatt agreement calls for SPI to provide one megawatt of SPI’s 200-watt modules and one megawatt of modules with SPI’s proprietary SkyMountTM commercial mounting system. SkyMountTM is designed for minimal or non-penetrating commercial rooftop applications.

“We look forward to providing the Bayer and Raach team with our products. They have built a superb reputation on the quality of their installations throughout their market area. We are very pleased to have our products become an integral part of the systems they are building,” said Bradley Ferrell, President of SPI’s Commercial Sales Division. “This supply agreement further extends our penetration into the European market and adds incremental reach into the German market, which is currently one of the most significant markets for solar anywhere,” Mr. Ferrell concluded.

SPI continues to make significant strides in 2009 advancing its international sales strategy through sales of its modules and proprietary commercial systems, SkyMount and Peaq solar canopies. As a firm engaged in the practice of renewable energy consulting, as well as planning and installation of photovoltaic systems, Bayer and Raach is ideally positioned to sell SPI’s products throughout the company’s European market area. Bayer and Raach serves Germany, Italy, and recently expanded into the Czech Republic and Slovenia.