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Wall Street Reporter, Inc. Interviews SPI Solara?s CEO Stephen Kircher

^{Published on 2011-06-22 07:45:54 - Market Wire}
 

ROSEVILLE, Calif.--([ BUSINESS WIRE ])--[ SPI ][ Solar ] (aSPIa) ([ OTCBB: SOPW ]) a leading vertically integrated photovoltaic (aPVa) solar developer and engineering, procurement and construction (aEPCa) services provider, today announced that Stephen Kircher, CEO of SPI Solar was interviewed on Friday, June 17th by Wall Street Reporter (WSR) Senior Analyst Juan Costello. The interview has been posted to the WSR web site and provides an overview of the first-quarter 2010 stock purchase by LDK Solar USA, Inc. (aLDKa) that gave LDK a 70% interest in SPIa™s stock, and the operational benefits the transaction has brought to SPI. Mr. Costelloa™s interview includes a discussion of the recent announcement by SPI of its 3-year agreement with KDC Solar (aKDCa) to serve as KDCa™s preferred provider for engineering, procurement and construction of up to 300 megawatts in projects throughout New Jersey and New York. The agreement has the potential to generate as much as $1.2 billion in revenue for SPI.

The interview is available at [ www.wallstreetreporter.com ], or directly via the link provided below:
[ http://www.wallstreetreporter.com/2011/06/solar-power-otcbbsopw-ceo-interview/ ]

About SPI Solar ([ OTCBB: SOPW ]):

SPI Solar (aSPIa) is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services. Through the Companya™s close relationship with [ LDK Solar ], SPI extends the reach of its vertical integration from silicon to system. From project development, to project financing and to post-construction asset management, SPI delivers turnkey world-class photovoltaic solar energy facilities to its business, government and utility customers. For additional information visit: [ www.spisolar.com ].

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. In particular, this release contains forward looking statements about the viability of projects to be reviewed, and whether those projects will ultimately meet underwriting criteria, or financial modeling sufficient for the Company to undertake the projects. The commitments are to introduce and offer the projects, and the Company cannot predict whether all projects will fit within its financial model for execution, or upon terms that are acceptable to all parties involved. These statements also 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.