Premier Power Announces New Up to $12 Million Line of Credit With Umpqua Bank

EL DORADO HILLS, Calif., July 14 /PRNewswire-FirstCall/ -- Premier Power
Renewable Energy, Inc. (OTC Bulletin Board: PPRW), a global leader in the
development, design, engineering and construction of solar power systems for
commercial, government and utility markets in the U.S. and Europe, today
announced it has established a new banking relationship with Umpqua Bank and a
new line of credit, enabling Premier Power to borrow up to $12 million in
aggregate, comprising of an initial $7 million line of credit, which may be
increased to up to $12 million upon further mutual agreement by the parties
following Premier Power's acquisition of a new subsidiary. The new credit
facility is for general working capital needs.

"We are very pleased to begin a new relationship with Umpqua Bank and
establish this new credit facility, which will provide additional liquidity to
support the significant growth opportunities we see ahead," said Dean Marks,
chief executive officer of Premier Power. "We have a substantial project
pipeline across our U.S. and European markets and recently further expanded
our market leadership position in Europe with our acquisition of Arco Energy
in Italy. We are optimistic about our business prospects and believe we are
well positioned to deliver substantial and profitable growth going forward."

"We are pleased to be partnering with Premier Power, a leader in the
clean-tech industry," said Ray Davis, president and CEO of Umpqua Bank. "Our
lending commitment to Premier Power allows us to continue to expand our
eco-banking initiatives, which are designed to help communities invest in
energy efficiency and renewable energy projects. Umpqua Bank has always
invested in long-term growth strategies and this relationship demonstrates our
ongoing commitment to support environmentally sustainable projects."

Genesis Capital Advisors, LLC represented Premier Power in the transaction.

About Premier Power
Premier Power Renewable Energy, Inc. ("Premier Power" or the "Company") is a
leading global provider of large and small-scale solar power systems,
delivering unmatched experience to commercial, agricultural, utility,
governmental and residential customers throughout North America and Europe.
Premier Power designs, engineers and integrates the solar industries leading
products. Premier Power's technologies and services have enabled its
customers to maximize clean energy output along with project savings. Today,
Premier Power designs and deploys the most innovative solar electric systems
through market-leading innovation and exceptional customer service. Premier
Power is headquartered in El Dorado Hills, California and trades on the OTC
Bulletin Board under the symbol PPRW. Additional information is available at
the Company's website at www.premierpower.com.

FORWARD-LOOKING STATEMENTS
This release contains certain "forward-looking statements" relating to the
business of Premier Power, which can be identified by the use of
forward-looking terminology such as "believes," "expects" or similar
expressions. Such forward-looking statements involve known and unknown risks
and uncertainties, including all business uncertainties relating to reliance
on a limited number of customers, market demand, cyclical nature of our
markets, reliance on key personnel, future capital requirements, competition
in general and other factors that may cause actual results to be materially
different from those described herein as anticipated, believed, estimated or
expected. Certain of these risks and uncertainties are or will be described
in greater detail in our filings with the Securities and Exchange Commission.
These forward-looking statements are based on Premier Power's current
expectations and beliefs concerning future developments and their potential
effects on the company. There can be no assurance that future developments
affecting Premier Power will be those anticipated by Premier Power. These
forward-looking statements involve a number of risks, uncertainties (some of
which are beyond the control of the Company) or other assumptions that may
cause actual results or performance to be materially different from those
expressed or implied by such forward-looking statements. Premier Power
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities laws.

SOURCE Premier Power Renewable Energy

Investors, Charles Messman and Todd Kehrli, both of MKR Group, Inc.,
+1-323-468-2300, pprw@mkr-group.com; or Media, Jai Ferguson of Weber
Shandwick, +1-425-452-5464, jferguson@webershandwick.com, all for Premier
Power Renewable Energy