Solar Power, Inc. to Host Analyst/Investor Luncheon Immediately Prior to Dedication Ceremony for 3.5 Megawatt Aerojet System

Immediately following the luncheon, SPI and Aerojet will jointly host a dedication ceremony and press conference at the site and unveil a permanent monument and visitation center for the installation site. The system is a major part of Aerojet's environmental and sustainability initiative. "The Aerojet project, which has been one of the largest system installations in the U.S. this year, is the foundation of our growing portfolio of multi-megawatt projects," said Mr. Kircher. "More importantly, the project has been successful for us and our client. Our team has executed the project on time, on target and on budget. I couldn't be more pleased with the results," Mr. Kircher concluded.

During its first year of use, SPI's Aerojet system is expected to offset approximately 4,200 tons of carbon dioxide, 16.7 tons of sulfur dioxide, and approximately 6.5 tons of nitrogen oxide that would have otherwise been produced using fossil fuel power production. The first-year net clean energy benefits equate to offsetting approximately 8,270,000 automobile miles driven or the clean air benefits realized from planting 976,520 trees. With a system life expectancy of 25 years, the cumulative life-cycle environmental offsets for a system of this scope are significant.

Analysts and prospective investors interested in attending the luncheon and ceremony should contact Brion Tanous with CleanTech IR at (310) 541-6824.

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. Throughout Europe, Asia and Australia the Company sells its products direct to distributors and turnkey solutions providers. The Company's Yes! Solar, Inc. subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing dealer network. Solar Power, Inc. operates from its Roseville, California headquarters.

Safe Harbor Statement:

This release contains certain "forward-looking statements" 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 "believes, expects" or similar expressions. The forward looking statements contained in this press release include statements regarding the Company'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.

SOURCE: Solar Power, Inc.

Solar Power, Inc. 
Mike Anderson, 916-745-0916 
Vice President Marketing 
Manderson@solarpowerinc.net 
or 
CleanTech IR, Inc. 
Brion Tanous, 310-541-6824 
btanous@cleantech-ir.com