Diamond Energy Media Release – SunPower Investment

Date: October 2012

Diamond Energy Pty Ltd is pleased to announce it has recently completed a capital raising with Sunpower Corporation (NASDAQ: SPWR). SunPower Corporation acquired a cornerstone shareholding in Diamond Energy.

SunPower is the “World Standard for Solar” they design, manufacture and deliver the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company’s quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the  solar system.

“This investment by SunPower supports the growth and strengthens Diamond Energy for the upcoming clean energy revolution. We generate change here at Diamond Energy, and through this relationship we will be able to bring the world’s most efficient and reliable solar technology to a broad range of households and businesses throughout Australia at affordable prices. We look forward, with SunPower’s support, to expanding the business into a shining, renewable example of what can be achieved when innovative value is delivered to customers.” Mr Tony Sennitt, Managing Director of Diamond Energy