Solar Power Inc. Signs Agreement With Bayer and Raach

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Solar Power Inc. (SPI) has executed a second supply agreement with Bayer and Raach, a German solar installation company serving the residential and commercial market segments throughout Germany and southern Europe.

The supply agreement calls for SPI to provide 1.5 MW of its 200 W modules to meet initial-phase requirements for a 5 MW system Bayer and Raach is installing in Bavaria. The system will be built in phases over 2009 and 2010.

SOURCE: Solar Power Inc.

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