National Parks Conservation Association Teams Up with SunPower to Help Reduce Carbon Emissions and Improve Air Quality in Communities Nationwide

SAN JOSE, Calif., Aug. 13, 2018 /PRNewswire/ -- For nearly 100 years, National Parks Conservation Association (NPCA) has worked to protect and preserve America's most iconic and inspirational places for present and future generations. Through a new program with SunPower (NASDAQ:SPWR), NPCA will provide opportunities for its members and supporters to go solar, thereby helping to reduce carbon emissions and improve air quality.

To launch the program, SunPower will make an initial minimum donation of $10,000 to NPCA. Now through July 11, 2019, each NPCA member or supporter that has a SunPower® home solar system installed through this program will be eligible to receive a $500 mail-in rebate and SunPower will provide a donation of $500 to NPCA.

"The health of our national parks is directly linked to the health of the air, waterways and communities that surround them," said Theresa Pierno, president and CEO for NPCA. "Through this program, our members and supporters have the opportunity to invest in the long-term health of our planet, supporting sustainable energy and our ongoing work to ensure our national parks have clean air and adequate funding."

SunPower's direct current E-Series solar panels, as well as its X-Series solar panels, are Cradle to Cradle Certified™ Silver – making it easy for homeowners to save energy, while minimizing waste and helping to improve air quality, all of which have a positive impact on issues threatening our national parks. SunPower is the first solar panel manufacturer in the world to achieve this designation, which demonstrates a product's quality based on rankings in five categories: material health, material reutilization, renewable energy use, water stewardship, and social fairness.

NPCA members and supporters interested in the program will work with a SunPower dealer to determine if solar is a good fit for their home, as well as explore a variety of financing options which may include cash purchase, loan, or lease.

"By making solar more accessible to NPCA members and supporters, we're advancing the organization's efforts to protect our national parks while also supporting SunPower's mission to build a more sustainable future," said Norm Taffe, SunPower executive vice president, residential solar. "SunPower offers industry-leading solar technology that generates 60 percent more energy in the same space than conventional panels over the first 25 years, which means more savings on electricity bills and a lower carbon footprint for customers."

For more program information about this partnership and NPCA's work to protect our national parks, please visit https://go.sunpower.com/partner/NPCA/.

About National Parks Conservation Association

Since 1919, the nonpartisan National Parks Conservation Association has been the leading voice in safeguarding our national parks. NPCA and its 1.3 million members and supporters work together to protect and preserve our nation's most iconic and inspirational places for future generations. For more information, visit www.npca.org.

About SunPower

As one of the world's most innovative and sustainable energy companies, SunPower provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

SunPower's Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projected product performance and savings, and program plans and timelines. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Forms 10-K and 10-Q, particularly under the heading "Risk Factors." A copy of this filing is available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

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SOURCE SunPower Corp.

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