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Real Goods Solar Appoints Jeffrey Schmidt as President of Its Commercial & Utility Solar Unit, RGS Energy

LOUISVILLE, Colo., May 31, 2012 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc. (Nasdaq:RSOL), a leading provider of turnkey solar energy solutions, has appointed Jeffrey Schmidt to the new position of president of its RGS Energy division. RGS Energy is the commercial and utility solar business unit of Real Goods Solar, providing design-build-finance solar solutions for commercial and utility projects.

"Our commercial and utility solar operation is expanding across the United States," commented Bill Yearsley, Real Goods Solar CEO. "We are very excited to have Jeffrey on the team leading our commercial and utility solar group. Jeffrey brings a depth of experience in commercial, industrial and utility grade solar that is hard to find in the industry."

Prior to joining Real Goods Solar, Schmidt was employed by Quanta Services, a leading specialty contractor. During his 12 years with Quanta, Schmidt worked in the specialty electrical and telecommunications contracting sectors, where he held various leadership positions from project manager to president. He most recently served as president of Quanta's power generation business unit, where he was instrumental in building Quanta's solar business. During the last four years, he led the completion of over 100 MW of PV solar projects ranging from commercial rooftop projects to large utility projects.

"I am thrilled to be joining Real Goods, a proven leader in EPC solar," stated Schmidt. "Our engineering, project management and construction capabilities position us to deliver the best value to our customers."

Real Goods Solar previously announced the 25,000 sq. ft. expansion of its corporate center in Louisville, Colorado to accommodate continued growth and centralization of engineering design, inside sales and other key functions. Schmidt will be based at the Louisville, CO corporate center, where he will further build out the operational capabilities of the commercial and utility solar unit to continue to fully meet the expanding needs of the company's diverse client base.

"Our goal is to provide a level of integrated services delivered by in-house staff that spans project development, engineering design, project finance, economic assessment, entitlement, equipment procurement, construction, commissioning, operation and maintenance unmatched in the industry," added Yearsley. "We want our clients to have a seamless experience regardless of the complexity of the project."

About Real Goods Solar, Inc.

Real Goods Solar, Inc. (Nasdaq:RSOL) is a leading provider of turnkey commercial and residential solar energy solutions, with more than 13,000 solar systems in place. Real Goods Solar has more than 33 years of experience in solar energy, beginning with the sale in 1978 of the first solar photovoltaic panels in the United States. With 16 offices across the West and the Northeast, Real Goods Solar is one of the largest solar energy installers in the U.S. For more information about Real Goods Solar, please visit www.realgoodssolar.com, or call (888) 507-2561.

The Real Goods Solar, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6455

CONTACT: Company Contact:
         John Coletta
         Chief Financial Officer
         Real Goods Solar, Inc.
         Tel (303) 222-8310
         john.coletta@realgoods.com
         
         Investor Relations:
         Ron Both
         Liolios Group, Inc.
         Tel (949) 574-3860
         RSOL@liolios.com

Real Goods Solar, Inc. Logo

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