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System Will Utilize Solar Power, Inc.`s New PeaqTM Solar Canopy System
ROSEVILLE, Calif.--(Business Wire)--
Solar Power, Inc. ("SPI") (OTCBB:SOPW) announced today that it has signed a
contract with MP Holdings to build a 350 kilowatt photovoltaic (PV) solar system
as the first phase of a multi-megawatt system installation at McClellan Business
Park located in Sacramento, California. A former Air Force Base, the McClellan
Business Park has been transformed into one of California's most unique business
centers featuring more than 8-million square feet of commercial and industrial
space. The management team of the business park is dedicated to providing
tenants with a top-level service experience. The new system will serve to reduce
energy costs at McClellan Business Park, providing a direct benefit to tenants.

The system to be installed at the business park will feature Solar Power, Inc.`s
latest innovation, the PeaqTM solar canopy system designed to convert parking
areas into solar arrays. Peaq is a highly scalable modular system that provides
an alternative to traditional rooftop and ground-mount solar module arrays. In
addition to providing an optimal platform for arrays, the Peaq solar canopy
system will provide year-around weather protection, and energy efficient LED up
lighting for enhanced night-time security to tenants and visitors who park under
the structures. One of the environmental benefits of the Peaq system is a
reduction in the urban heat islanding effect associated with metropolitan areas
and exacerbated by large open asphalt parking areas. Peaq shades parking lots,
reducing heat buildup while generating electricity through the solar modules
mounted on top of the canopies, creating a true economic and environmental
win-win solution. Peaq solar canopy systems are modular, kitted solutions that
arrive from SPI`s manufacturing facility with subassemblies in place. SPI`s
unique kit-style approach minimizes both installation time requirements and
costs.

"The quality and design features of Solar Power, Inc.`s PeaqTM solar canopy
system provide us with a very unique opportunity," said Larry Kelley, CEO for
McClellan Business Park, LLC. "The system will reduce our electricity costs
while providing our tenants and their visitors the additional benefits of
weather protection for their automobiles all year. The Peaq system bears a
distinct look which will be an aesthetic complement to our development."

"This is our first Peaq installation in the United States and we are very
pleased to have it here in Sacramento," said Steve Kircher, CEO of Solar Power,
Inc. "Peaq is a great platform for solar, and from an all-around solution
perspective, there is nothing else like it on the market today. Peaq`s unique
architectural design and attributes will undoubtedly draw a lot of attention to
the McClellan Business Park."

About Solar Power, Inc.:

Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy
solution provider offering the North American commercial and public sector
building markets a complete solution through a single brand. Throughout Europe,
Asia and Australia the Company sells its products direct to distributors and
turnkey solutions providers. The Company`s Yes! Solar, Inc. subsidiary provides
the U.S. small- to mid-sized business and residential market segments with
turnkey PV solar systems through a growing dealer network. Solar Power, Inc.
operates from its Roseville, California headquarters.

Safe Harbor Statement:

This release contains certain "forward-looking statements" relating to the
business of Solar Power, Inc., its subsidiaries and the solar industry, which
can be identified by the use of forward looking terminology such as "believes,
expects" or similar expressions. The forward looking statements contained in
this press release include statements regarding the Company`s ability to execute
its growth plan and meet revenue and sales estimates, enter into formal
long-term supply agreements, and market acceptance of products and services.
These statements involve known and unknown risks and uncertainties, including,
but are not limited to, general business conditions, managing growth, and
political and other business risk. All forward-looking statements are expressly
qualified in their entirety by this Cautionary Statement and the risks and other
factors detailed in the Company's reports filed with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required under applicable securities law.

This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as “believes, expects” or similar expressions. The forward looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.