SOLAR POWER INC
SymbolSOPW

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Solar Power, Inc. Signs Additional Supply Agreement with Bayer and Raach for 1.5 Megawatts as First-Phase Order for a 5-MW Bavarian System

2009-10-19 11:06 ET - News Release

Agreement Marks Third 2009 Order with Solar Power, Inc. by German Solar System Installer


Company Website: http://www.solarpowerinc.net
ROSEVILLE, Calif. -- (Business Wire)

Solar Power, Inc. (“SPI”) (OTCBB: SOPW) announced today that it has executed a second supply agreement with Bayer and Raach, a German solar installation company serving the residential and commercial market segments throughout Germany and Southern Europe. The supply agreement calls for SPI to provide 1.5 megawatts of SPI’s 200-watt modules to meet initial-phase requirements for a 5-megawatt system Bayer and Raach is installing in Bavaria. The system will be built in phases over 2009 and 2010, ultimately calling for a total of 5 megawatts of SPI’s 200-watt modules which are top ranked for performance with the California Energy Commission.

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