Press Releases

1/15/2016 - SPI Energy to Begin Trading on Nasdaq Global Select Market
X
SPI Energy to Begin Trading on Nasdaq Global Select Market
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Jan. 15, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government, utility customers and investors, today announced that its application to list the Company's American depositary shares on the Nasdaq Global Select Market has been approved by Nasdaq.
The Company expects its American depositary shares to commence trading on January 19, 2016 under the ticker symbol "SPI". Upon commencement of trading on Nasdaq Global Select Market, the Company's American depositary shares will cease to trade on the OTC Markets.
SPI Energy has a growing portfolio of solar power projects and investments and is benefiting from strong demand for green energy solutions globally, especially in China. In January 2015, SPI Energy launched an innovative e-commerce and investment platform, Solarbao.com, which has already provided Chinese investors with access to more than 100 green energy projects and financing products, bringing new financing solutions to China's ambitious target of 100 gigawatts of solar PV installations by 2020 as outlined by China's National Energy Administration.
"This move to the Nasdaq Global Select Market, which has one of the highest listing standards in world, is a reflection of the strength of the Company, the tremendous growth opportunities ahead and our continued commitment to our shareholders," said Xiaofeng Peng, Chairman of SPI Energy. "We are pleased to be joining many of the world's largest and most revolutionary companies already trading on this exchange. This is an important milestone for us and speaks to the innovative spirit of our team as we transition SPI Energy to become a truly global green energy Internet company."
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements." These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and the Company undertakes no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.
Contact: 
Philip Lisio
Email: phil@thefootegroup.com
China cell: +86 135 0116 6560
Amy Liu
US cell: (800) 548 8767
SOURCE Solar Power, Inc.

Article Date
1/15/2016
Close
1/13/2016 - SPI Energy Announces Exercise of Private Placement Option
X
SPI Energy Announces Exercise of Private Placement Option
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Jan. 13, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Central Able Investments Limited has exercised its option to purchase 2,500,000 ordinary shares (the "Shares") of SPI Energy for a total purchase price of US$5 million, pursuant to an option agreement between the two parties dated January 22, 2015 and its supplemental agreement dated January 11, 2016. The Shares are being offered and sold solely to a non-U.S. investor on a private placement basis in reliance on Regulation S promulgated under the U.S. Securities Act of 1933, as amended.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
About SPI Energy Co., Ltd. (OTCBB: SRGYY)
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements." These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and the Company undertakes no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.
Contact:
Amy Liu, (800) 548-8767
SOURCE SPI Energy Co., Ltd.

Article Date
1/13/2016
Close
1/11/2016 - SPI Energy Announces Closing of Investment in Electric Vehicle Rental Business
X
SPI Energy Announces Closing of Investment in Electric Vehicle Rental Business
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Jan. 11, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced the closing of its investment of RMB30 million for a 60% stake in Beijing Yiwei New Energy Technology Development Company ("Yiwei"), an Internet-based electric vehicle rental service provider located in China. The investment was previously announced on September 1, 2015.
The investment is expected to allow SPI Energy to provide solar energy to users of electrical vehicles and is an important component in SPI Energy's overall strategy to create a closed-loop solar energy ecosystem from power generation and power storage to power efficiency management.
SPI Energy believes that its rapidly increasing capability to fund projects through its Solarbao.com platform will help Yiwei to expand its existing fleet of electric vehicles, which will create further opportunities for SPI Energy's solar energy business.
Since its launch in early 2015, Solarbao.com has offered Chinese investors access to more than 100 green energy projects and financing products, bringing new financing solutions to China's ambitious target of 100 gigawatts of solar PV installations by 2020 as outlined by China's National Energy Administration.
About SPI Energy Co., Ltd. (OTCBB: SRGYY)
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia. SPI Energy is in the process of applying for listing of its ADSs with the Nasdaq Capital Market.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements." These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and the Company undertakes no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.
Contact:
Amy Liu
(800) 548-8767
 
SOURCE SPI Energy Co., Ltd.

Article Date
1/11/2016
Close
1/6/2016 - SPI Energy to Host Investor Luncheon on January 19 in New York City
X
SPI Energy to Host Investor Luncheon on January 19 in New York City
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Jan. 6, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (OTCBB: SRGYY), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, will host its first-ever investor luncheon on January 19, 2016 at 12pm in New York City at the Waldorf Astoria.
"This event will provide participants with an update on the global solar energy and storage markets as well as China's innovative Internet financing market," said Xiaofeng Peng, Chairman of SPI Energy. "I'm also excited to bring together SPI Energy's senior management team to discuss the Company's vision, strategy, and most importantly, our fast growing Solarbao businesses."
Joining Mr. Peng as speakers will be SPI Energy CEO Roger Ye, CFO Amy Liu, and COO HoongKhoeng Cheong as well as senior executives from Solarbao.com and its business units. In addition, Jim Schott, CFO of EnSync, Inc. (NYSE MKT: ESNC), an SPI Energy invested company, will give an update on the energy storage market.


Details for the event are provided below:
Event	SPI Energy Investor Luncheon
Time	Tuesday, January 19, 2016 / 12pm - 2pm EST
Location	The Waldorf Astoria, New York
	301 Park Ave
	New York, NY 10022
	The Conrad Suite, Fourth Floor
Interested attendees are invited to RSVP by contacting Sara Li at sli@spisolar.com or calling (800) 548-8767. 
About SPI Energy Co., Ltd. (OTCBB: SRGYY)
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI Energy focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia. SPI Energy is in the process of applying for listing of its ADSs with the Nasdaq Capital Market.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements." These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company as of the date of this release, which may change, and the Company undertakes no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.
Contact:
Amy Liu, (800) 548-8767
SOURCE SPI Energy Co., Ltd.

Article Date
1/6/2016
Close
1/4/2016 - SPI and SPI Energy Complete Reorganization Merger
X
SPI and SPI Energy Complete Reorganization Merger
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Jan. 4, 2016 /PRNewswire/ -- Solar Power, Inc. ("SPI" or the "Company"), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, and SPI Energy Co., Ltd., a company incorporated under the laws of the Cayman Islands ("SPI Energy"), today announced the merger (the "Merger") to reorganize the Company as a Cayman Islands company has been completed.
Pursuant to the Second Amended and Restated Agreement and Plan of Merger and Reorganization, dated October 30, 2015, each ten issued and outstanding shares of the Company's common stock acquired prior to 3:00 P.M. EST, November 5, 2015 were converted into the right to receive one American depositary share ("ADS"), representing ten SPI Energy ordinary shares; and issued and outstanding shares of the common stock of the Company acquired after 3:00 P.M. EST, November 5, 2015 were converted into the right to receive SPI Energy ordinary shares. SPI Energy's ADSs will be quoted on the OTC Markets under the symbol "SRGYY" effective January 4, 2016.
SPI Energy is in the process of applying for listing of the ADSs on the Nasdaq Capital Market and expects to complete that process in early 2016. 
About Solar Power, Inc.
Solar Power, Inc. ("SPI" or the "Company") is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com , which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia.
For additional information visit: www.spisolar.com , www.solarbao.com  or www.solartao.com.
About SPI Energy Co., Ltd. (OTCBB: SRGYY)
SPI Energy Co., Ltd. is a newly formed exempted company incorporated under the laws of the Cayman Islands.  An "exempted" company under the laws of the Cayman Islands is one which receives such registration as a result of satisfying the Registrar of Companies in the Cayman Islands that it conducts its operations mainly outside of the Cayman Islands and is as a result exempted from complying with certain provisions of the Cayman Islands Companies Law. As a result of the Merger, the former SPI directors and officer will continue to serve as such with SPI Energy and SPI Energy will continue to conduct SPI's prior business at their current locations and facilities.
Safe Harbor Statement
This release contains certain "forward-looking statements", including statements regarding listing of ADSs on Nasdaq. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this release are based upon information available to the Company and SPI Energy as of the date of this release, which may change, and the Company and SPI Energy undertake no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.
Contact:
Amy Liu
(800) 548-8767
SOURCE Solar Power, Inc.

Article Date
1/4/2016
Close
12/28/2015 - SPI Announces Exercise of Private Placement Options
X
SPI Announces Exercise of Private Placement Options
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SHANGHAI, Dec. 28, 2015 /PRNewswire/ -- Solar Power, Inc. ("SPI" or the "Company") (OTCBB: SOPW), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Brilliant King Group Ltd. and Poseidon Sports Limited have exercised their options to purchase shares of common stock in the Company in connection with the private placement option agreement each of them entered into with the Company on December 12, 2014, respectively. The parties exercised their options to acquire a total of 7.5 million shares (the "Shares") of common stock of SPI for the total purchase price of US$15 million. The Shares are restricted securities and are subject to a three-month lock-up period. The Shares are being offered and sold solely to non-U.S. investors on a private placement basis in reliance on Regulation S promulgated under the U.S. Securities Act of 1933, as amended.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
About Solar Power, Inc. (OTCBB: SOPW)
Solar Power, Inc. ("SPI" or the "Company") is a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. SPI focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products for both upstream and downstream suppliers and customers. The Company has its operating headquarters in Shanghai and maintains global operations in Asia, Europe, North America and Australia.
For additional information visit: www.spisolar.com, www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of SPI, its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates," "expects" or similar expressions. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. All forward-looking statements are expressly qualified in their entirety by this cautionary statement and the risks and other factors detailed in the company's reports filed with the Securities and Exchange Commission. The company 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 law.
Contact:
Amy Liu
Solar Power, Inc.
(800) 548-8767
SOURCE Solar Power, Inc.

Article Date
12/28/2015
Close