PPRW Premier Power Renewable Energy Inc (CE)

Premier Power, a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets, today announced it will build four photovoltaic (PV) power plants totaling 16.2 MW in Dimitrovgrad, Bulgaria. The projects represent a more than 75 percent increase in the country’s solar capabilities since the beginning of 2011, when installed capacity was reported at approximately 21 MW.

The agreement is the result of a joint venture with European EPC firm Plaan Czech, s.r.o. Ranging in size from 3 MW to 5 MW, the installations are funded through a private investment company based in the Czech Republic.

“These projects underscore Premier Power’s unparalleled ability to rapidly respond to dynamic economies and shifting renewable energy policies in emerging and established markets around the world. Our previous successes in Eastern Europe – a region few others have been able to effectively penetrate – are now enabling us to capture significant market share in Bulgaria,” said Bjorn Persson, executive vice president of European operations at Premier Power. “We look forward to building our presence in Bulgaria as the country aggressively targets its goal of reaching 16 percent renewable power by the year 2020.”

Premier Power’s project portfolio spans across Europe and North America, with more than 1,000 systems in operation to date. Additional installation locations include France, Spain, Italy, Denmark, Greece, the Czech Republic, and the United States.

Construction on the Bulgaria projects will begin this month. All four systems are scheduled for completion by the end of 2011.

About Premier Power

Premier Power Renewable Energy, Inc. currently maintains offices in the U.S., Italy, Spain, and the Czech Republic. Premier Power uses its global experience to develop and maintaining the industry best practices and cutting edge innovation. Premier Power is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial and governmental customers worldwide. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. 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 Renewable Energy, Inc. (“Premier”), 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'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 will be those anticipated by Premier. 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 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.

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