Solar Power, Inc. Enters Into Agreement with Beyond Building Systems to Purchase Solar Modules
Exclusive two-year supply agreement calls for a minimum of 5.7 megawatts of Solar Power, Inc.’s modules with shipments to begin immediately.
Roseville, CA, June 18, 2009
Source: Solar Power Inc press release
http://www.solarpowerinc.net/ViewPressRelease.aspx?PressReleaseID=71
Solar Power, Inc. (“SPI”) (OTCBB: SOPW) announced today that it has entered into an exclusive agreement with the Australian solar developer Beyond Building Systems Pty Ltd. (“BBS”) for the purchase of SPI’s 170 – 220-watt solar modules. The agreement provides BBS with exclusive access to SPI’s highly rated panels for use throughout Australia. The two-year supply agreement calls for a minimum purchase of 5.7 megawatts of SPI modules with shipments commencing in June.
“We are very pleased to engage with Beyond Building Systems as a key supplier of solar modules for their projects as they work toward meeting the demands of the growing solar market throughout Australia,” said Bradley Ferrell, President of SPI’s commercial sales division. “Our relationship supports the significant growth objectives BBS has in order to meet the installation demands of Australia’s national Solar Neighborhoods program,” Mr. Ferrell concluded. The agreement with Beyond Building Systems marks SPI’s entry into the Australian photovoltaic solar market as the company continues to expand its international presence.
“Our company’s remains focused on deploying high-quality solar solutions into Australia’s growing solar market,” said Henrih Horthy, CEO of Beyond Building Systems. “Solar Power, Inc. and Beyond Building Systems share common core values and a commitment to high-quality products. These are key attributes we look for in a strategic relationship. We look forward to a long and successful relationship with the Solar Power, Inc. team.”
Beyond Building Systems is located in Byron Bay Australia. The company’s mission is to build affordable, high quality, energy efficient housing and infrastructure, fully equipped to meet the global challenges of an ecologically and economically sustainable future. Renewable energy has been featured as an integral part of the design of their new homes since the company’s inception. Beyond Building Systems operates across Australia and in the USA, Pacific Rim and Asia.
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. The company’s Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.