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Cypress Provides Solar Panels to Power MIT's Coral Rehabilitation Project at the Sagay Marine Reserve, Philippines | Cypress Semiconductor

Cypress Provides Solar Panels to Power MIT's Coral Rehabilitation Project at the Sagay Marine Reserve, Philippines

Last Updated: June 28, 2007

Cypress Provides Solar Panels to Power MIT's Coral Rehabilitation Project at the Sagay Marine Reserve, Philippines

The Cypress University Alliance and MIT Partner to Re-Grow Coral Damaged by Global Warming and Environmental Degradation


SAN JOSE, Calif. - June 28, 2007 - Cypress Semiconductor Corp. (NYSE: CY) today announced that it has donated six 90-watt solar panels supplied by its subsidiary, SunPower Corp. (NASDAQ: SPWR), to power MIT's First-Step Coral reef rehabilitation project in the Sagay Marine Reserve in the Philippines. The solar panels are powering an innovative coral reef rehabilitation process called BioRock™ which is capable of increasing coral growth rates by up to five times and improving coral survival by over 20 times during bleaching (higher than normal water temperature) events.

"Sixty percent of animal proteins come from the reefs," said MIT First Step Coral Team Leader Gerardo Jose la O'. "The destruction of the reefs could lead to depletion of marine resources, which is particularly bad news to a region where many people depend on the sea for food."

"It is critically important that the energy sources we use to power our BioRock structures are both renewable and highly efficient," said la O'. "With SunPower solar panels, we were able to locate the energy source close to our structures, minimize challenges in project site selection and reduce system cost."

The First Step Coral project was funded with a grant from MIT after the team won the grand prize at the institution's 5th Ideas Competition in May 2006. The project was launched at the Sagay Marine Reserve in July 2006 and the SunPower panels were installed earlier this year. The team has three working models at the Reserve, each powered by renewable energy sources including solar panels, wind turbines and tidal turbines. The Philippines was selected for the project since it has some of the most productive and most diverse coral reefs in the world. However, 95 percent of them are in poor condition due to sediment from a long history of erosion from deforested islands and heavy fishing using destructive methods. More information on the project can be found at www.cypress.com.


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