SunPower Completes 18-Megawatt Olivenza Solar Power Plant in Badajoz, Spain

SunPower (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the completion of the 18-megawatt Olivenza solar electric power plant in Badajoz, Spain.

SunPower installed its proprietary SunPower(R) T20 Tracker solar tracking system at the site, covering a total of approximately 70 hectares. The SunPower Tracker follows the sun as it moves across the sky, increasing sunlight capture by up to 30 percent over conventional fixed-tilt systems.

"SunPower has extensive experience building solar power installations and the technology to maximize energy production at the site. Their expertise was a key factor in the successful completion of this project. To date, production performance has exceeded expectations," said Jose Tejada of 360 Corporate, a member of the consortium of equity investors who financed the project.

First Solar Announces New Long-Term Module Supply Agreements Totaling 525MW

First Solar, Inc. (Nasdaq:FSLR) announced today the company has entered into new long-term module supply agreements with Sorgenia Solar, a developer of large-scale, grid-connected solar power plants in Italy and extended module supply agreements with several of First Solar's existing customers including EDF Energies Nouvelles, Ecostream, Juwi and Phoenix Solar AG. These new agreements expand contracted module volume by a total of 525MW, allowing for additional sales of approximately $800 billion at an assumed exchange rate of $1.15/1.00 over the period of 2009 to 2013. These agreements are structured on terms similar to First Solar's existing long-term module supply agreements.

GT Solar Signs $46.8 Million Contract with Top Green Energy Technologies

-- Adds Major New Customer --
-- Expands Product and Services Offerings; Sells First Integrated  Support Module for Reactors and Converters --
-- Secures the Company's First Polysilicon Production Equipment and Services Agreement in Taiwan --

GT Solar International, Inc. (NASDAQ: SOLR), a global provider of specialized equipment and technology for the solar power industry, today announced that its subsidiary, GT Solar Incorporated, has signed its first contract with Top Green Energy Technologies, Inc., a Taiwan-based producer of high-quality solar cells. The agreement, valued at $46.8 million, is GT Solar's most comprehensive polysilicon production equipment and services agreement to-date, and the company's first sale of its products to a customer based in Taiwan.

Energy Conversion Devices Comments on Recent Solar Integrated Technologies' U.S. Project Outlook

Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, today commented on recent statements by Solar Integrated Technologies, Inc. (SIT) (AIM.LN: SIT), regarding the cancellation or delay of certain of SIT's projects in the United States due to uncertainty regarding the U.S. Investment Tax Credit.

"Our business remains strong, and there has been no change to our fundamentals," said Mark Morelli ECD's president and CEO. "Our largest market opportunities are currently in Europe where there is strong demand for our building-integrated (BIPV) solar product. Germany, Italy, France, and now Spain are growth markets for us. The announced changes in SIT's business do not affect our positive growth outlook."