SunPower Corporation Announces Supply Agreement With Systems Integrator Kubokura For T5 Solar Roof Tile

Kubokura will begin system construction at the end of this year and expects completion next February.

SunPower Corporation will feature its T5 Solar Roof Tile at PV Japan, being held in Chiba on December 5 through 7, in booth P09-802.

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.sunpowercorp.com.

SunPower Corporation Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are statements that do not represent historical facts and may be based on underlying assumptions. SunPower uses words and phrases such as "agreement," "well positioned," "will," and similar expressions to identify forward-looking statements in this press release, including forward-looking statements regarding being well positioned in the Japanese market and increasing share in Japan. Such forward-looking statements are based on information available to the company as of the date of this release and involve a number of risks and uncertainties, some beyond the company's control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties such as: (i) general business and economic conditions, and the growth in the Japanese market for SunPower products; (ii) the continuation of governmental and related economic incentives promoting the use of solar power; (iii) manufacturing difficulties; (iv) Japanese customers' continued business relationship with SunPower; and (v) other risks described in the company's Annual Report on Form 10-K for the year ended January 1, 2012 and Quarterly Reports on Form 10-Q for the quarters ended April 1, 2012, July 1, 2012 and September 30, 2012 and other filings with the Securities and Exchange Commission.  These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

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

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