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EcoVillage Farm Living Center Dedicates SunPower Solar System

2008-07-28 07:00:00

EcoVillage Farm Living Center Dedicates SunPower Solar System

   SunPower Teams with Local Organizations to Celebrate Green Collar Job

                              Training Program



    SAN JOSE, Calif., July 28 /EMWNews/ -- SunPower

Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of

high-efficiency solar cells, solar panels and solar systems, today is

joining Sun Light & Power and non-profit organizations Solar Richmond,

Solar Living Institute and Rising Sun Energy Center to dedicate a

2-kilowatt SunPower solar system on the rooftop of EcoVillage Farm Learning

Center in Richmond, Calif. SunPower provided financial support for the

project and joins with partner organizations to celebrate green collar job

training for local youth.



    With a grant from the Bay Area Air Quality Management District, Solar

Living Institute, in collaboration with Solar Richmond and Rising Sun

Energy Center, provided training to 18 students on the basics of solar

electricity and installation. Sun Light & Power then installed the SunPower

solar array at EcoVillage, with assistance from the new trainees.



    "SunPower is pleased to provide financial support for the solar array

that will benefit the EcoVillage Farm Learning Center's sustainability

goals, while providing an educational tool for its visitors," said Bobby

Ram, director of global community relations for SunPower Corp. "We are

delighted to be a part of this dedication and embrace the organization's

training program that enables local youth to learn new skills that can

offer career opportunities in the future."



    EcoVillage Farm Learning Center, which promotes environmental

conservation, restoration, and growing a socially just community, is

located on 5.6 acres of uniquely preserved, semi-rural farm land. The farm

will benefit from the solar array with an immediate 85 percent reduction on

its energy bill, and receive a new element in its farming operations that

will reinforce sustainability principles to thousands of local visitors.



    Shyaam Shabaka, founder and executive director of EcoVillage Farm,

added: "The SunPower system provides us with critical financial savings,

allowing us to expand our operations and enhance our programs."



    "We are confident that our trainees will use this hands-on solar

knowledge as they develop their careers," said Michele McGeoy, executive

director of Solar Richmond. "We commend SunPower for its commitment to the

community and for the environmental leadership they continue to demonstrate

through support of this project."



    About SunPower Corp.



    SunPower Corporation (Nasdaq: SPWR) 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).



    Forward-Looking Statements



    This press release contains forward-looking statements within the

meaning of the Private Securities Litigation Reform Act of 1995, Section

27A of the Securities Act of 1933 and Section 21E of the Securities

Exchange Act of 1934. Forward-looking statements are statements that do not

represent historical facts. The company uses words and phrases such as

"will," and similar expressions to identify forward-looking statements.

Forward-looking statements in this press release include, but are not

limited to, the company's plans and expectations regarding an immediate 85%

reduction in the farm's energy bill. These forward-looking statements are

based on information available to the company as of the date of this

release and management's current expectations, forecasts and assumptions,

and involve a number of risks and uncertainties that could cause actual

results to differ materially from those anticipated by these

forward-looking statements. Such risks and uncertainties include a variety

of factors, some of which are beyond the company's control. In particular,

risks and uncertainties that could cause actual results to differ include

(i) actual electricity generation, (ii) the actual energy consumption rate;

(iii) unexpected changes in utility service rates; and (iv) other risks

described in the company's Quarterly Report on Form 10-Q for the quarter

ended March 30, 2008, and other filings with the Securities and Exchange

Commission. These forward-looking statements should not be relied upon as

representing the company's views as of any subsequent date, and the company

is under no obligation to, and expressly disclaims any responsibility to,

update or alter its forward-looking statements, whether as a result of new

information, future events or otherwise.



    SunPower is a registered trademark of SunPower Corp. Cypress is a

registered trademark of Cypress Semiconductor Corp. All other trademarks

are the property of their respective owners.





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