14.2.2008: Meldung: SunPower Corp.: 3-Gigawatt Silicon Supply Agreement

SunPower Announces 3-Gigawatt Silicon Supply Agreement with Jupiter, Qingdao DTK Industries Co., Ltd.

SAN JOSE, Calif., Feb 14, 2008 -- SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed a multi-year polysilicon supply agreement with Jupiter Corp., Ltd., a sales office of Qingdao DTK Industries Co., Ltd., a corporation based in China.

Starting in 2010 and continuing through 2016, SunPower has contracted to purchase increasing volumes of polysilicon from Jupiter, Qingdao DTK. The agreement will provide polysilicon volumes sufficient to manufacture more than 3 gigawatts of solar cells based on SunPower"s expected silicon utilization during this period. Jupiter, Qingdao DTK will build a new polysilicon manufacturing facility in Qingdao, China, in order to produce the polysilicon that will be supplied under the terms of this agreement.

"SunPower is pleased to partner with Jupiter, Qingdao DTK as it extends its expertise into polysilicon manufacturing," said Tom Werner, CEO of SunPower. "Jupiter, Qingdao DTK will provide polysilicon to our ingot suppliers, supporting our drive to scale rapidly and cost-effectively to meet the demand for our high-efficiency solar systems."

"We are looking forward to our new partnership with SunPower that will help build a cleaner environment for future generations," said Indi Sohal, CEO of Jupiter and Qingdao DTK Industries. "We share SunPower"s vision to expand the solar industry and make it the premier renewable energy choice. Jupiter, Qingdao DTK is excited to support SunPower"s vision and to build a low cost polysilicon manufacturing solution in China."

About SunPower

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 www.SunPowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

About Jupiter, Qingdao DTK Industries Co. Ltd.

Jupiter Corporation Ltd., a sales office of Qingdao DTK Industries Co. Ltd., is a wholly owned and operated European company belonging to the Sohal Family. Affiliate companies include Chinese manufacturing plants which includes construction, uniform supply to the service industries and managed services for multinationals in Europe.


SOURCE SunPower Corporation

http://www.SunPowercorp.com
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