SunPower Oasis Power Plant Block Now Available in Europe


SunPower's Fully Integrated, Modular Solution Streamlines Installation Process

VALENCIA, Spain -- At the European Photovolatic Solar Energy Conference, SunPower Corporation (NASDAQ:SPWRA)(NASDAQ:SPWRB), today announced that its SunPower Oasis(TM) Power Plant (SunPower Oasis) product, a fully integrated, modular solar power block, is now available in Europe. SunPower Oasis scales from 1-megawatt ac (MW) distributed installations to large central station power plants and provides a cost-effective way to rapidly deploy utility-scale solar projects, streamlining the development and construction process.

SunPower Oasis is engineered from the ground up to optimize use of available land. Each power block integrates the SunPower® T0 Tracker with SunPower's high-efficiency, 425-watt utility solar panel, pre-manufactured system cabling, the Oasis smart inverter, and the Oasis operating system. SunPower Oasis also features the SunPower advanced Tracker Monitoring and Control System (TMAC(TM)) for wireless control of the power plant. The power block kits are shipped pre-assembled to the job site for rapid field installation, and offer the highest capacity factor and the most reliable long-term performance.

"SunPower Oasis is a ground-breaking, utility-scale solar solution that optimizes energy production, installation speed, material cost, and long-term reliability," said Gian Maria Ferraro, vice president and general manager, SunPower Europe. "With this revolutionary new product, we have the ability to design and scale to any size power plant, supporting the shape complexities of the European sites."

The SunPower Oasis operating system is designed to support future grid interconnection requirements for large-scale solar power plants, such as voltage ride through and power factor control. It also features utility-standard SCADA operation and analytical tools, which include intelligent sensor and control networks for optimized power plant operation.

"SunPower Oasis meets the needs of utilities, investors, developers, and the local community," said Howard Wenger, president, SunPower Utility and Power Plants. "SunPower's proven technology and experience is reflected in this new product which will substantially lower the cost of power plant ownership by significantly reducing balance of systems, development and operational costs."

SunPower has installed more than 120 ground-mounted power plants globally, representing more than 300 MW of operating power generation. The SunPower Oasis power plant, first announced in the U.S. earlier this year, is now available in the EU for design and development, with construction expected to start in the third quarter of 2011. Additional information about the product can be found at www.sunpoweroasis.com.

About SunPower

Founded in 1985, SunPower Corp. (NASDAQ:SPWRA)(NASDAQ:SPWRB) designs, manufactures and delivers the planet's most powerful solar technology broadly available today. Residential, business, government and utility customers rely on the company's experience and proven results to maximize return on investment. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia. For more information, visit www.sunpowercorp.com.

Source: SunPower Corp.

CONTACT:
Christelle Huwiler,
SunPower Corp.,
+41-22-304-15-93,
Christelle.Huwiler@sunpowercorp.com
Web Site: www.sunpowercorp.com/

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