Enfinity Signs 25 MW Solar Power Plant Framework Agreement with SunPower

Ghent, Belgium (ots) - Enfinity, a global developer of renewable
energy projects, today announced that it has entered into framework
agreement with SunPower Corporation (Nasdaq: SPWR), a manufacturer of
high-efficiency solar cells, solar panels, and solar systems, to
provide turn-key engineering, procurement and construction services
for solar electric power plant projects totaling more than 25
megawatts. The installations contemplated under this agreement will
be built as from 2008 till 2009 by SunPower in Italy and are
contingent on Enfinity to secure financing and construction permits
for the projects.

Sunpower and Enfinity are in discussion to expand their
collaboration to include additional solar projects in Spain, Greece
and other countries worldwide.

"I am very pleased to announce this framework agreement with
Sunpower. We consider this as a strategic partnership in the further
development of our solar business," commented Mr.Gino Van Neer, CEO
of Enfinity. "We are teaming with Enfinity to deliver clean, reliable
solar power to the rapidly expanding market in Southern Europe," said
Howard Wenger, SunPower senior vice president. "By using SunPower's
industry-leading solar technology, Enfinity will maximize the energy
delivery at their power plant sites, while optimizing land use and
reducing related costs." SunPower has completed solar power plants
projects in Asia, North America and Europe, including more than 55
megawatts completed or in construction in Spain. About Enfinity
Enfinity is a rapidly developing, ambitious and internationally
operating company in the field of solar and wind energy. As a
project specialist, Enfinity develops PV solar energy plants for
electricity generation and is already active in eight countries,
namely Belgium, Italy, Spain, France, Greece, the US, Canada and
Germany. This number will increase to approximately 20 countries by
the end of 2009.

Enfinity is in the process of financing PV projects with a total
capacity of more than 122MW and is planning to finance several
hundred megawatts through 2010. Enfinity is based in Ghent, Belgium.

End of press release.

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For further information please contact:

Enfinity Head Office
Jurgen Van Damme, Press and Communication
Phone +32 9 245 15 70 Mobile +32 473 22 03 01
Email: jvandamme@enfinity.be
Website: www.enfinity.biz