First Solar, SunPower Report Public Filing of Registration Statement for Proposed IPO of YieldCo

First Solar, Inc.

and SunPower Corp.

announced today that 8point3 Energy Partners LP (8point3 Energy Partners), a limited partnership formed by First Solar and SunPower to own and operate a portfolio of selected solar generation assets, has filed a Registration Statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission (the SEC) for an initial public offering (the IPO) of Class A shares representing limited partner interests in 8point3 Energy Partners (the shares). The number of shares to be offered and the initial public offering price of the shares have not yet been determined. 8point3 Energy Partners will apply to list the shares on the NASDAQ Global Market. Goldman, Sachs & Co. and Citigroup will act as lead book running managers for the IPO. The IPO will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the IPO may be obtained from: Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282 or by emailing prospectus-ny@ny.email.gs.com; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone 800-831-9146. The Registration Statement relating to the shares has been filed with the SEC but has not yet become effective. The shares may not be sold nor may offers to buy the shares be accepted prior to the time when the Registration Statement becomes effective. Completion of the IPO is subject to the execution of definitive documentation, each party's board approval, and regulatory approval and there can be no assurance that the IPO or any other transaction will occur. Copies of the Registration Statement can be accessed through the SEC's website at www.sec.gov. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.