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Solar Power, Inc. Announces Completion of Twentieth Century Fox Solar Installation


Published on 2011-02-22 03:20:44 - Market Wire
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ROSEVILLE, Calif.--([ BUSINESS WIRE ])--[ Solar Power, Inc. ] ([ OTCBB:SOPW ]) announced today that the Company has completed the installation of the 160 kW photovoltaic (aPVa) solar system it was contracted to design and install for Twentieth Century Fox Film Corporation (aFoxa) located in Century City, California. The project was announced in April and has been successfully completed. The system is a blend of Solar Power, Inc.a™s innovative SkyMount® commercial rooftop system and conventional racking. aWe are very pleased to have completed this project for Twentieth Century Fox. They have been a pleasure to work with from the very beginning,a said Steve Kircher, CEO for Solar Power, Inc. aOur system is a perfect fit for their needs and now they can begin to enjoy the savings and environmental benefits the system will deliver.a

"As a carbon neutral company, this project is a key component of our ongoing commitment to sustainability"

Solar Power, Inc. designed, engineered and installed a 160 kW DC photovoltaic solar system at the Fox Studios lot located in Century City, California. The installation, utilizes Solar Power, Inc.a™s innovative SkyMount® racking system which was combined with traditional racking on a standing seam barrel shaped roof complementing one of the buildinga™s more prominent architectural features. The solar system, mounted on the roof of Foxa™s historic Building 99, is an important part of the motion picture companya™s Global Energy Initiative. The new system marks Twentieth Century Fox Film Corporationa™s first venture into on-site renewable energy generation.

aAs a carbon neutral company, this project is a key component of our ongoing commitment to sustainability,asaid Hal Haenal, Senior Vice President of Fox Studios Operations. aSolar Power, Inc. made the process very easy for us and we look forward to using the clean, renewable energy the system generates.a

A case study on the installation can be seen on Solar Power, Inc.a™s web site at [ www.solarpowerinc.net ].

About Solar Power, Inc. (OTCBB:SOPW):

Founded in 2005, [ Solar Power, Inc. ] an LDK company (NYSE:LDK) is a vertically integrated solar developer; the Company manages its value chain from material sourcing, through post-installation asset management of its systems and carries a proprietary line of mounting systems designed specifically for its solar modules. The Company designs and delivers world-class photovoltaic solar systems to its business, government and utility customers.

Safe Harbor Statement:

This release contains certain aforward-looking statementsa 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 abelieves, expectsa or similar expressions. The forward-looking statements contained in this press release include statements regarding the Companya™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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