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Q-Cells Signs 83-MW Solar Cell Agreement with SunPower Corp.

Date Announced: 08 Mar 2011

Q-Cells’ Innovative Technology to Be Used In Select Commercial and Utility Scale Solar Projects.

SAN FRANCISCO--(BUSINESS WIRE)-- Q-Cells North America, a global leader in designing, building and managing financially sustainable solar photovoltaic (PV) solutions, has signed an 83- megawatt solar cell supply agreement with SunPower Corp. (Nasdaq:SPWRA - News). Q-Cells solar technology will be used in select commercial and utility scale solar projects.

“SunPower has a history of delivering highly-efficient, highly reliable solar systems, and Q-Cells solar cells align well with our panel manufacturing operations,” said Howard Wenger, president, utility and power plants, SunPower Corp.

“Since 2005, the solar industry has grown more than 60 percent per annum* and is expected to expand another 34 gigawatts by 2015**, according to industry experts,” said Marc van Gerven, CEO of Q-Cells North America. “Q-Cells helps to define the industry’s standards for quality and reliability and this agreement gives us the unique opportunity to address this growing global demand.”

Source: Q-Cells

* Data source: Photon International
** Data source: iSuppli

Contact

Q-Cells North America

E-mail: see web site

Web Site: www.q-cells.com

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