Solar Innovation Nominated – SPG

SPG Solar, Inc. Named 2011 Platts Global Energy Awards Finalist

~SPG Solar Floatovoltaics® Selected for Sustainable Technology Innovation of the Year Category~

Novato, CA –November 29, 2011 – SPG Solar, Inc. has been selected as a finalist in the Platts Global Energy Awards, an annual program recognizing exemplary industry leadership. The 2011 finalists, selected from more than 200 nominations, were announced by Platts, the leading global provider of energy, petrochemicals and metals information.

Established in 1999 and often described as “the Oscars” of the energy industry, Platts Global Energy Awards highlight corporate and individual innovation, leadership and superior performance in 19 categories spanning the entire energy complex. SPG Solar Floatovoltaics® has been selected for the Sustainable Technology Innovation of the Year category.

SPG Solar Floatovoltaics® makes it possible for commercial, industrial and government users with little available rooftop or land space to float solar on water, providing triple benefits: energy savings, water savings and environmental benefits. Using proven and cost effective floating technology, fresh water irrigation ponds, lakes, or reservoirs become revenue-generating, power producing platforms.

“SPG Solar Floatovoltaics represents a major step in the deployment of solar and the continuing growth of the solar industry,” said SPG Solar CEO and President Chris Robine. “Now, customers around the world can install a floating system, operating just like any other solar power installation and priced competitively to a ground based, single-axis tracking system.”

Nearly 600 guests are expected to attend the black-tie dinner at New York’s Cipriani Wall Street on Thursday, December 1, when the 2011 Global Energy Awards will be presented by Platts.

The awards event will be preceded in the morning of December 1 with an associated event, Platts Global Energy Outlook Forum, which features roundtable discussions from debates from executives, government officials and industry leaders on “The World’s Quest for Clean Energy.”

“We congratulate our finalists and look forward to spotlighting their accomplishments and all others when we unveil the Global Energy Awards winners in December.” said Larry Neal, president of Platts.

For the full list of 2011 Platts Global Energy Awards finalists or for more information on the Awards, visit the Platts Global Energy Awards website.