Solar Power panels

Solar Power Inc., (SPI) announced signing of the sales order agreement with German solar project developer Solarmarkt Sued Park. Under the terms of agreement, SPI will provide 25 megawatts of in its high-performance 200 and 20-watt modules for a project being carried out in Solarmarkt Sued Park. Up to 50 megawatts of SPI solar modules and SkyMount racking are also to be included, and are to be delivered before the end of 2009.

In Germany, Solarmarkt Sued Park is one of the leaders in solar project development, with a focus on the development of large-scale commercial photovoltaic solar systems in Germany. Frank Weckerle, President of Solarmarkt Sued Park said, "The performance of SPI's solar modules is world-class. We share a common commitment to quality and place high value on their solutions-based approach to commercial systems. The quality and design features of Solar Power, Inc.'s SkyMount rooftop racking system are superior. We have selected SPI's SkyMount system because it is an adaptable solution for a variety of unique installation requirements and offers an innovative non-penetrating option. We look forward to working with SPI as we execute both our current book of business and our developing project portfolio."

"The German solar market is very important to us. Our agreement with Solarmarkt Sued Park represents significant progress as we continue to pursue our international product sales strategy. As a large-scale project developer with an excellent reputation and strong demand for their services, we are very pleased to have our products play a significant role in the solar systems they are installing across Germany," said Bradley Ferrell, President of Solar Power's Commercial Sales Division.

Processing orders will start immediately in order to meet the requirements of Solarmarkt Sued Park's active projects in 2009. Through 2010, the balance of the agreement will also be fulfilled…