Bayer and Raach to Purchase Solar Power, Inc.'s Modules and SkyMountTM Commercial Rooftop Systems ROSEVILLE, Calif.--(BUSINESS WIRE)--Solar Power, Inc. ("SPI") (OTCBB: SOPW) announced today that it has executed a supply agreement with Bayer and Raach, a German solar installation company serving the residential and commercial market segments throughout Germany and Southern Europe. The two-megawatt agreement calls for SPI to provide one megawatt of SPI's 200-watt modules and one megawatt of modules with SPI's proprietary SkyMountTM commercial mounting system. SkyMountTM is designed for minimal or non-penetrating commercial rooftop applications. "We look forward to providing the Bayer and Raach team with our products. They have built a superb reputation on the quality of their installations throughout their market area. We are very pleased to have our products become an integral part of the systems they are building," said Bradley Ferrell, President of SPI's Commercial Sales Division. "This supply agreement further extends our penetration into the European market and adds incremental reach into the German market, which is currently one of the most significant markets for solar anywhere," Mr. Ferrell concluded.
