SunPower Recognizes Dealers for Excellence in Solar Project Design and Installation During Company's Annual Conference

Channel Represents 550 Small and Medium-Sized Businesses Spanning 49 U.S. States

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Mar 11, 2020, 08:05 ET

SAN JOSE, Calif., March 11, 2020 /PRNewswire/ -- During the annual SunPower (NASDAQ:SPWR) Dealer Conference this week, the company recognized seven of its installation dealers for exceptionally designed and deployed solar projects commissioned last year. SunPower's installing dealer base of more than 550 small and medium-sized businesses provide localized sales, installation and support to residential and commercial customers across 49 states.

"Installing Dealers are the backbone of our business, delivering quality solar expertise and energy solutions that customers expect from SunPower," said Norm Taffe, SunPower executive vice president, North America. "It's a privilege to recognize several that went above and beyond in 2019. Looking ahead, total installed solar capacity is expected to double in the U.S. over the next five years, and our highly-qualified dealers stand ready to effectively meet increased customer interest across the country."

SunPower 2019 Intelegant Award Winners
Intelegant – a portmanteau combining "intelligent" and "elegant" to represent SunPower's smart and sleek solar solutions – defines the award recognizing residential and commercial projects that exemplify the company's commitment to outstanding system aesthetics, quality, and performance, as well as customer satisfaction. Images of the award-winning installations can be found here.

National Residential Intelegant Award
Air Sun Solar based in Visalia, Calif., earned the National Residential Intelegant Award for complementing a custom-built architect's residence with an expanded, SunPower Equinox^® Solar energy system using 22 percent-efficient SunPower^® panels. Known for high efficiency panels and a low-profile design, the solution helped Air Sun Solar keep this statement home center stage, while delivering substantially more savings to the homeowner.

Regional Residential Intelegant Awards
Dealers recognized for outstanding home solar projects in their respective regions included:

SunPower by Stellar Solar from Oceanside, Calif., for a 32-kilowatt system installed at an energy smart home in Rancho Santa Fe
GreenLogic Energy from Southampton, N.Y., for a 4.7-kilowatt system installed flush with the roof plane on a home in Southampton
SunPower by Legacy Solar from Bloomington, Ill., for a 10.8-kilowatt system installed for a tech-savvy homeowner in Court Champaign

National Commercial Intelegant Award
Renova Energy based in Palm Desert, Calif., secured the National Commercial Intelegant Award for a 207-kilowatt SunPower^® Helix^® Roof system installed at a flagship Porsche dealership in Palm Springs for the indiGO Auto Group. The 22 percent-efficient solar panels help power the LEED-certified building which is also outfitted with fast chargers for the company's latest electric vehicles.

Regional Commercial Intelegant Awards
Dealers recognized for outstanding commercial solar projects in their respective regions included:

Cool Earth Solar from Pleasanton, Calif., for a 451-kilowatt rooftop and carport project installed at biotechnology company ATUM's campus in Newark
TerraSol Energies, Inc. from Chadds Ford, Pa., for a 467-kilowatt rooftop and carport project installed at a coastal health facility in Atlantic City, New Jersey

To find out if solar is right for your home or business, visit www.sunpower.com. Those interested in becoming a SunPower dealer can visit www.sunpower.com/become-a-dealer to learn more.

About SunPower
As one of the world's most innovative and sustainable energy companies, SunPower (NASDAQ:SPWR) 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, and North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

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 product performance and cost savings. 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: regulatory changes and the availability of economic incentives promoting use of solar energy and 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 report on Form 10-K, particularly under the heading "Risk Factors." Copies of these filings are 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.

SOURCE SunPower Corp.