US Bancorp to Finance Residential Solar Lease Projects for SunPower

SunPower Corp. (NASDAQ: SPWR)today announced a new program with U.S. Bancorp (NYSE: USB) to expandfinancing options available to homeowners interested in high-efficiencySunPower solar power systems, the most efficient solar technology availabletoday. Two to three thousand homes are expected to benefit from the newprogram."U.S. Bank is pleased to help advance SunPower's efforts to make renewableenergy accessible to more American homeowners," said Darren Van't Hof,director of renewable energy investments for U.S. Bancorp. "With residentialsolar systems, more families can take control of their electricity bills anddeliver the environmental and health benefits of solar power to theircommunity."The new program will provide financing for $100 million of residentialsystems, expanding leasing options in nine states. Both SunPower and U.S.Bancorp invested in the program, their first renewable energy partnership.