Solar Cells Info

New Offerings Provide Expanded Choice of High-Quality Inverters
San Jose, CA, Aug 15, 2007
Source: SunPower Corp. / press release
http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=260082

SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a long-term supply agreement with SMA Technologie AG, the world’s largest solar inverter manufacturer. Under the terms of the agreement, SunPower will provide SMA’s brand of inverters for residential and small commercial applications.

“This agreement will enable SunPower to offer a broader choice of innovative, high-quality and reliable inverter products to our expanding dealer network,” said Vikas Desai, general manager of SunPower’s VAR Business Unit. “We look forward to a long and rewarding relationship with SMA.”

SMA is well respected within the solar community as a leader in the solar inverter field. “It’s no coincidence that both SMA and SunPower have been recognized by industry organizations for their technological achievements within the solar industry,” says Pierre-Pascal Urbon, chief sales and marketing officer for SMA Technologie and president of SMA America. “SMA’s commitment to delivering quality and innovative products will enable us to provide SunPower with reliable inverter technology that will meet the growing demand of SunPower’s customer base.”

“SMA America is uniquely positioned to supply a fully integrated, commercial energy solution that maximizes energy production, while keeping the installation simple and cost effective,” said Kent Sheldon, SMA America director of sales. “Our high-performance and high-efficiency solar-electric technology will provide SunPower with inverters that are reliable and easy to install.”

About SunPower
SunPower Corp. designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

About SMA
SMA Technologie AG is the engine of innovation for photovoltaic inverter technology for residential, commercial and off-grid applications. SMA produces highly dependable and durable solar inverters and cutting-edge monitoring solutions for more than 25 years. SMA’s products are designed and produced in Germany and marketed under the well-known brand names Sunny Boy, Sunny Tower, Sunny Central, and Sunny Island. SMA is represented in nine countries and has won numerous awards for its technology leadership. For more information, please visit the SMA website at http://www.sma.de. SMA America, Inc. is a wholly owned subsidiary of SMA Technologie AG.