Powerlight opens assembly line at Siemens Solar Los Angeles manufacturing plant

In Unique Alliance, PowerLight’s “PowerGuard®” Solar Electric Roof Systems
Will be Manufactured at Siemens Solar Facility, Enabling LADWP Customers to
Receive the Highest Incentives Available for Commercial and Industrial
Grid-tied Applications

source: press release 2002.2.1

CHATSWORTH, CA, January 31, 2002 – Los Angeles Mayor James Hahn was the
honored guest today at a celebration dedicating the new joint Siemens Solar
Industries, L.P. and PowerLight Corporation line at Siemen Solar’s Chatsworth
solar manufacturing plant. Siemens Solar and PowerLight have formed a
strategic alliance to manufacture PowerLight’s PowerGuard® solar photovoltaic
(PV) roof tiles. This alliance helps California –and especially the City of
Los Angeles– meet the increasing demand for clean energy with solar electric
power.

Left to right are: Chet Farris, Executive Vice President and COO, Siemens Solar Industries; David Wiggs, General Manager, LADWP; Ray Levinson, Manager Environmental Compliance, US Postal Service; Councilmember Ruth Galanter; Dan Shugar, Executive Vice President, PowerLight;
Los Angeles Mayor James Hahn; Angelina Galiteva, Director of Strategic Planning, LADWP

Under the new agreement, Siemens Solar and PowerLight have established a
specialized manufacturing line at a Siemens Solar module manufacturing
facility in Chatsworth, California. This production line is capable of
manufacturing up to 6 megawatts (and can be expanded to 15-20 megawatts) of
solar electric roof tiles per year, primarily for use in Los Angeles’
commercial, industrial, and government facilities. When operated at full
capacity, the installed output from this joint Siemens-PowerLight
manufacturing line helps eliminate 7.5 million pounds per year of harmful
emissions from the atmosphere and provides reliable electricity, fueled by
the sun, during periods of peak demand.

The unique roof tiles are a patented, lightweight solar PV roofing
assembly optimized for flat and low-sloped roofs. The PowerGuard® roof tiles
will incorporate Siemens’ high efficiency single crystalline cells. Over
their 30-year design life, the roof tiles will reduce customers’ utility
costs while extending the lifetime of the roof.

Los Angeles businesses and homeowners are already installing Siemens
Solar “earthsafe™” solar electric systems at substantially reduced rates,
thanks to the Solar Incentive program offered by the LA Department of Water
and Power (LADWP) under the Green LA Program. In addition to the Solar Power
Program, the internationally recognized Green LA initiatives include Energy
Efficiency, Green Power, Electric Transportation, Cool Schools Tree Planting
and Recycling efforts. Through the visionary solar power incentive program,
the LADWP offers its residential and commercial customers a rebate of $6 per
watt for solar electric systems manufactured in the City of Los Angeles. The
LADWP’s goal is to encourage the installation of 100,000 solar systems in Los
Angeles by 2010.

“This program will help increase solar PV production in Los Angeles, and
help us achieve our goals of making clean, reliable energy more affordable.
Additionally, this provides a boost to our economy, because it’s creating new
jobs in a high tech, growth industry,” noted Mayor Hahn. “By deploying
solar power and other renewables, we clearly can improve our energy security
and independence.”

“This factory is part of Los Angeles’ commitment to bring new jobs into the
city, as well as new products that help protect the environment,” said
Councilmember Ruth Galanter. “I am proud to have insisted that companies
bidding to be part of LADWP’s solar energy program locate jobs within the
city limits.”

“We’re thrilled that Siemens Solar and PowerLight have expanded their
manufacturing capabilities in Los Angeles,” said David Wiggs, General Manager
of LADWP. “It’s always been a key goal of our Green LA Programs to encourage
manufacturing and new jobs for Los Angeles,” Angelina Galiteva, Director of
Strategic Planning of the LADWP. “Therefore, it’s exciting to see the
addition of PowerLight to the Siemens’ module manufacturing facility.”

"PowerLight’s strong solar electric system technology made it an ideal
partner for our business development efforts in LA," said Chet Farris,
Executive Vice-President and COO of Siemens Solar. He added, "By teaming
with PowerLight, we can further our goals of making solar electricity
mainstream.”

"In aligning with Siemens Solar, PowerLight is bringing its technology
and expertise to a burgeoning market that’s eager for clean, reliable and
secure energy sources,” stated Daniel S. Shugar, Executive Vice-President of
PowerLight Corporation. "We’re extremely pleased to be working with Siemens
Solar and the LADWP to meet the growing demand for solar PV.”

About Siemens Solar
Siemens Solar Industries L.P., headquartered in Camarillo, California, is one
of the world’s leading manufacturers of photovoltaic cells and modules. The
company is committed to delivering products of superior quality and value to
its customers worldwide. Siemens Solar cells and modules consistently
outperform competing products at all levels of sunlight. Given their high
performance and reliability characteristics, Siemens Solar modules are the
modules of choice for a diverse array of distributed power systems. For
additional information about SSI, visit their web site at:
www.siemenssolar.com. For sales information, contact
ssi.sales@solar.siemens.com.

About PowerLight
PowerLight (www.powerlight.com) is the leading manufacturer of
commercial-scale solar electric products and services. Founded in 1991,
PowerLight' s systems deliver reliable, affordable clean power for commercial
and government customers worldwide. Inc Magazine has ranked the PowerLight
Corporation among the top 500 fastest growing privately held companies in
2000 and 2001. Today, PowerLight has worldwide offices and a full line of
commercial solar electric products.

About PowerGuard®
PowerGuard solar rooftop panels reduce utility costs substantially while
extending the lifetime of the roof and providing added thermal insulation
benefits to the building. The patented, lightweight photovoltaic (PV)
roofing assembly uses Siemens solar modules and delivers clean solar
electricity to the building while protecting the roof from damaging effects
of weather and UV radiation.

About the Los Angeles Department of Water and Power
The Los Angeles Department of Water and Power (LADWP), (www.ladwp.com)
(www.GreenLA.com) was formed almost 100 years ago to provide reliable water
and energy services to residents and businesses in the City of Los Angeles.
LADWP, the largest municipally-owned utility in the nation, provides service
to a population of 3.8 million that includes 1.4 million electricity and
650,000 water customers in a 465 square mile area. Further information about
Green LA programs can be obtained by logging on to GreenLA.com.