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SunPower Corporation Supplies Fuji Furukawa with 494 Kilowatts of its High Efficiency Solar Panels

First Costco Store to Install a Rooftop Solar System in Japan

SAN JOSE, Calif., and TOKYO, Feb. 25, 2014 /PRNewswire/ -- SunPower Corporation (NASDAQ: SPWR), a leading solar technology and energy services provider, today announced it has supplied 494 kilowatts of its high efficiency E20/327 solar panels to Fuji Furukawa Engineering & Construction Co. Ltd. (FFEC).  FFEC has installed the solar panels at the Costco store located in Maebashi, Gunma, Japan, and the system is expected to commence operating next month.  FFEC is acting as the engineering, procurement and construction contractor for this project.

"We are pleased that our high efficiency E20/327 solar panels were selected by Costco for this rooftop installation, the first on a Costco store in Japan, and that our customer, FFEC was chosen to install them on this facility," said Howard Wenger, SunPower president, regions.  "We've seen demand for solar in Japan continue to grow, and is now the second largest market for SunPower Corporation after the United States.  We look forward to supplying our panels for more commercial installations like this one."

SunPower Corporation has also installed its high efficiency solar panels at U.S. Costco sites located in Arizona, California and New Jersey.

Integrated into the E20/327 Solar Panels by SunPower Corporation are its patented Maxeon® all-back contact solar cells.  These cells are built on a solid copper foundation, making them extremely resistant to cracking, corrosion and stresses from temperature variation.  With an average efficiency of 20.1 percent, the E20/327 panels deliver more power in the same amount of space and maximize system output with fewer panels installed.

E20/327 solar panels by SunPower Corporation are backed by the company's straightforward 25-year combined product and power warranty, which is 15 to 20 years longer than most.  It offers the industry's lowest power degradation with more warranted energy, resulting in an unprecedented 87 percent power level at the end of 25 years.

Solar products by SunPower Corporation are branded in Japan under the Maxeon Solar™ name.  The company will be exhibiting at PV Expo 2014 this week at the Tokyo Big Site in Stand #E46.

FFEC operates as a general facilities engineering and construction company, and is listed in Japan on the Tokyo Stock Exchange.  It designs plant electrical equipment and general air-conditioning, and constructs plumbing, building works and communication equipment.

About SunPower Corporation
SunPower Corporation (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.sunpower.com.

SUNPOWER and Maxeon are registered trademark of SunPower Corporation in the U.S. and other countries. All other trademarks are the property of their respective owners.

SOURCE SunPower Corp.

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