SPI Solar (“SPI”) ( OTCBB:SOPW) a leading vertically integrated photovoltaic (“PV”) solar developer, today announced that it plans to announce its financial results for the first quarter ended March 31, 2012 before the market opens on Monday, May 14, 2012. In conjunction with the release, SPI will host a teleconference to discuss its financial results and give a general business update. SPI will host its first-quarter 2012 teleconference on Monday, May 14, 2012 at 10:00 a.m. EDT. Interested participants should call 1-877-941-1430 when calling within the United States, or 1-480-629-9858 when calling internationally. A playback will be available through May 21, 2012. To listen, please call 1-877-870-5176 within the United States, or 1-858-384-5517 when calling internationally and utilize the pass code 4537488 for the replay. This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=00009772, or visiting www.spisolar.com, or at ViaVid's website at www.viavid.net, where the webcast can be accessed through May 21, 2012. About SPI Solar (OTCBB: SOPW): SPI Solar (“SPI”) (Solar Power, Inc.) is a vertically integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services. Through the Company’s close relationship with LDK Solar, SPI extends the reach of its vertical integration from silicon to system. From project development, to project financing and to post-construction asset management, SPI delivers turnkey world-class photovoltaic solar energy facilities to its business, government and utility customers. For additional information visit: www.spisolar.com. Safe Harbor Statement: This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as “believes, expects” or similar expressions. The forward looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.