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Solar Power, Inc. Contracted to Power Two Los Angeles Landmarks

Solar Power, Inc has entered into a design build agreement with venue owner-operators AEG to design and install photovoltaic solar systems for two of the world's best known sports and entertainment venues; STAPLES Center and NOKIA Theatre LA LIVE. STAPLES Center serves as home to the L.A. Lakers, L.A. Clippers, L.A. Kings, L.A. Avengers and the L.A. Sparks, as well as a full schedule of special events and concerts featuring the most popular artists performing today. NOKIA Theatre L.A. LIVE, which opened on October 18th, 2007 with six sold-out concerts featuring the Eagles and Dixie Chicks, is located directly across the street from the arena within the new L.A. LIVE sports, residential and entertainment district, and has already hosted the ESPY Awards, the American Music Awards and American Idol finals in addition to a full schedule of concerts, trade shows and special events. Both venues are well known for their state-of-the-art technology, features and amenities that allow them to offer their guests the ultimate in live entertainment and sports experiences.

In addition to providing turnkey PV solar system design and installation services for the two facilities, Solar Power, Inc. will be installing their own line of PV solar modules featuring premium cells manufactured by Motech Industries, Inc., known for their superior performance characteristics. When completed, the systems will deliver a combined 512 kilowatts of power, reducing the venues' utility-sourced electricity requirements and advancing AEG's sustainable energy practices.

Installation of the first system is scheduled to begin at the STAPLES Center in early October when the first of the 1,727 solar modules to power its new 345 kW PV solar system will be lifted 150 feet to the arena's roof. When completed, approximately 24,196 square feet of STAPLES Center's roof will be covered with SPI's SP200 PV modules. The solar arrays will become integrated with the venue's familiar, landmark "surfboard" rooftop feature bearing the STAPLES Center name. SPI's system design will also feature SPI's innovative SkyMount racking system.

The installation of the NOKIA Theatre L.A. LIVE's 167 kilowatt system is scheduled to begin in October soon after installation of the STAPLES Center system is underway. The 7,100 seat NOKIA Theatre L.A. LIVE will be home to 836 SPI photovoltaic modules covering approximately 11,663 square feet of its roof.

"We are very excited to be chosen for this project," said Steve Kircher, CEO of Solar Power, Inc. "STAPLES Center and the NOKIA Theatre L.A. LIVE have continuously distinguished themselves as preeminent venues for sports and entertainment events. This project serves as an important extension of AEG's sustainable energy practices, and we are proud to play a significant part as they make a substantial commitment to energy independence and the environment. The environmental benefits of systems of this size, coupled with the cost savings they will deliver to AEG's operations, demonstrate the increasingly important role energy management is playing in business operations everywhere."

"Our investment to purchase these state-of-the-art photovoltaic solar energy systems for both STAPLES Center and NOKIA Theater L.A. LIVE, making them the first facilities of their kind to do so at this level, reaffirms our commitment to ensuring that our venues are the most environmentally friendly in the industry," said Lee Zeidman, Sr. Vice President & General Manager, STAPLES Center and NOKIA Theatre L.A. LIVE. "The technology, expertise and experience that Solar Power, Inc. is providing us will dramatically advance our sustainable energy initiatives while decreasing our carbon footprint."

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