Premier Power Breaks Ground on Additional 1.0 MW Project in Southern Italy

Thursday, Nov 26, 2009

Premier Power Renewable Energy (OTCBB: PPRW - News), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets in the U.S., Spain and Italy, announced today that it has broken ground on an additional 1.0 mega watt (MW) solar project in Italy.

The project is located in the Puglia region of southern Italy and is part of the series of solar projects, valued in excess of $100 million, that are being developed as a result of Premier Power’s acquisition of Arco Energy in July 2009. Arco Energy is an Italian solar project developer, EPC and distributor.

The Company expects the fixed ground mount solar installation to be completed by January 2010. The project will utilize crystalline modules provided by Canadian Solar and inverters from PowerOne. The installation will be installed using environmentally friendly racking, ensuring minimal disruption to the land and surrounding environment.

Gestore dei Servizi Elettrici (GSE), the state-run Italian power management agency, expects total installed PV power in Italy will reach 900 MW by the end of 2009, representing 100% growth compared to 2008 and a potential market size of over 4 billion Euros. GSE expects the Italian market to grow to 1500 MW in 2010. The attractive feed-in tariff in Italy is setting the stage for Italy to become the second largest PV market in the world, behind Germany.

“Our local expertise, through the acquisition of Arco Energy, and our experience and best practices in both utility scale and rooftop installations, establish a platform that opens up both immediate opportunities in the development and construction of large scale projects in the Italian market and the longer term opportunity of Italian rooftop and BIPV activities, both of which are rapidly expanding in the region,” said Miguel de Anquin, chief operating officer of Premier Power.

Premier Power anticipates making further announcements in the very near term on additional projects in both Europe and the United States.

About Premier Power

Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial, governmental and residential customers throughout North America and Europe. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and trades on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.

Source: Premier Power