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SunPower Executives to Speak at Key Investor Events in May 2007
Company to Webcast Presentations Live at http://investors.sunpowercorp.com/events.cfm
SAN JOSE, Calif.

SAN JOSE, Calif., May. 1, 2007  /PRNewswire/ -- SunPower Corporation (NASDAQ: SPWR), a Silicon Valley-based manufacturer of high-efficiency, commercially available solar cells, solar panels, and solar systems, today announced that members of its executive staff will deliver presentations at key investor conferences in May 2007.

On May 2nd, Julie Blunden, vice president of public policy and corporate communications, will speak at the Jefferies 3rd Global Clean Technology Conference being held in New York City. Her presentation will begin at 9:45 a.m. EDT. Also on May 2nd, Blunden will address the Goldman Sachs Alternative Energy Conference 2007 at 3:20 p.m. EDT at the Goldman Sachs Conference Center, located at 32 Old Slip in New York City.

Manny Hernandez, SunPower's CFO, will deliver a presentation at the Deutsche Bank Technology Conference on May 15th at the Westin St. Francis Hotel in San Francisco. His talk begins at 1:55 p.m. PDT.

SunPower's CEO, Tom Werner, is scheduled to deliver presentations at the following New York City events:

  -- May 14th at the USB Alternative Energy Conference at 2:30 p.m. EDT at
     the Grand Hyatt Hotel
  -- May 15th at the Merriman Next-Generation Energy Conference at 9:00 a.m.
     EDT at Le Parker Meridien Hotel
  -- May 16th at the Wedbush Small-Cap Conference at 8:00 a.m. EDT at Le
     Parker Meridien Hotel
  -- May 16th at the Credit Suisse Semiconductor & Supply-Chain Summit at
     11:15 a.m. EDT.  The event will be held at the Credit Suisse offices
     located at 11 Madison Street.

Each event will be broadcast live at http://investors.sunpowercorp.com/cfm events during their respective times and will be archived for two weeks on the SunPower website.

About SunPower

SunPower Corporation designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back contact cell design. SunPower's solar cells and panels generate up to 50 percent more power per unit area than conventional solar technologies and have a uniquely attractive, all-black appearance. For more information on SunPower or solar technology, please visit the SunPower website at http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

Forward Looking Statement

Statements made in this release that are not historical in nature and that refer to SunPower's plans and expectations for the future, are forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. We use words such as "will," "is scheduled to" and similar expressions to identify such forward-looking statements. Our actual results may differ materially due a variety of factors, including but not limited to the risks identified in our filings with the Securities and Exchange Commission. All forward-looking statements included in this release are based upon information available to SunPower as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statement.

NOTE: SunPower is a registered trademark of SunPower Corporation. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

SOURCE: SunPower Corporation

CONTACT: Julie Blunden, +1-408-240-5577, of SunPower

Web site: http://www.sunpowercorp.com/