Thread: SOPW.OB could be a great Short term play.

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  1. #1

    Default SOPW.OB could be a great Short term play.

    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.
  2. #2

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    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.
  3. #3
    Astronoalits
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    "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."
  4. #4

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    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.
  5. #5
    AsfaltKrOa
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    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.

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