HONG KONG, Jan. 13, 2017 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") on January 10, 2017 indicating that the Company is not currently in compliance with Nasdaq's Listing Rules ("Listing Rules") for continued listing due to the Company's failure to file with the Securities and Exchange Commission under Report of Foreign Private Issuer on Form 6-K ("Form 6-K") an interim balance sheet and income statement as of the end of its most recently completed second quarter (June 30, 2016). Pursuant to Listing Rule 5250(c)(2), the Company was required to file such Form 6-K no later than six months following the end of the Company's second quarter on December 31, 2016 (the "Due Date"). As of the date of this press release, the Company has not yet filed the required Form 6-K.

The Notice has no immediate effect on the listing of the Company's securities. Pursuant to the Notice, the Company has 60 days from the date of the Notice, or until March 13, 2017, to submit a plan to regain compliance with the Listing Rules. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the Due Date, to regain compliance with the Listing Rules. The Company is working diligently on its plan to regain compliance and intends to comply with the time periods afforded in the Notice.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. ("SPI Energy" or the "Company") is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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 Hong Kong and maintains global operations in Asia, Europe, North America and Australia.

For additional information, please visit: www.spisolar.com, www.solarbao.com, or www.solartao.com.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+852 2291 6020 

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

HONG KONG, Jan. 9, 2017 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced its global headquarters address.

The address of the headquarters of the Company is Suite 2703, 27/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong SAR, China.

"As a gateway to mainland China, as well as the leading capital market and financial center, Hong Kong has gained its reputation for hosting regional headquarters or representative offices for international corporations. Positioning ourselves in Hong Kong, we will be able to better access international capital market, attract high-caliber talents and develop international market, while synchronizing our international and domestic resources to execute our globalization strategy," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. ("SPI Energy" or the "Company") is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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 Hong Kong and maintains global operations in Asia, Europe, North America and Australia.

For additional information, please visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+852 2291 6020 

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Jan. 4, 2017 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that the Company had completed approximately US$881,000 of its US$100 million private placement announced on September 28, 2016. The Company is in discussion with the remaining investors to extend the long stop date of the private placement with respect to those investors.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. ("SPI Energy" or the "Company") is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Dec. 16, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that it has acquired 50% equity interest in two solar projects ("EAG 5&6" or the "Projects"), currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. ("EAG").

The Projects, located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain power purchase agreement with Tokyo Electric Power Company, one of the major electricity suppliers in Japan, servicing Tokyo and surrounding areas. The Projects are also eligible for feed-in-tariff for 20 years upon completion and connection to grid. Both the Company and EAG plans to sell its stakes in the Projects to a third party by the first quarter of 2017. The Projects are expected to complete and connect to grid by the third quarter of 2018.

Established in February 2004, EAG is a financial firm with significant presence in clean energy financing and development in Japan and with offices in both Tokyo and Shanghai.

"Today's announcement marked our second cooperation with EAG, following successful co-development of a 1.99 MW solar project in Kashima, Ibaraki Prefecture since November 2014. We look forward to broadening our cooperation with EAG in the coming years," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. ("SPI Energy" or the "Company") is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com 
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Dec. 8, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that the Company has been recognized as one of the "Global Top 500 New Energy Enterprises" (the "Rank") and was also awarded the "Independent Innovation Award" and "International Cooperation Award" (the "Awards") at the 6^th Global Top 500 New Energy Enterprises Ceremony and the 2016 New Energy Development Summit (the "Summit").  

The Rank, in its 6th year since 2011, is measured by annual sales and is initiated and organized by China Energy News and China Institute of Energy Economics Research, both are affiliated with the People's Daily and the support of National Energy Commission and National Energy Administration. This year's Ceremony and the Summit were held on December 6 in Wuhan City, Hubei Province and drew more than 500 attendees from government agencies and leading new energy enterprises. 

"We are delighted to see our innovative "Green Energy + Internet Financing" business model and the Solarbao platform being recognized by increasing number of peers and government agencies," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy. "The Rank and the Awards capped a remarkable year for our company where we have recognized by over a dozen industry awards. As we are approaching the end of an eventful year for the Company, I want to take this opportunity to thank our suppliers, customers, partners and investors for making all these possible."

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. ("SPI Energy" or the "Company") is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 18811197382

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE Solar Power, Inc.

SHANGHAI, Dec. 7, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that Dr. Gang Dong resigned as a Director of the board of director of the Company effective as of December 7, 2016, for personal reasons.

"We would like to thank Dr. Dong for his dedication and contributions to the Company's successful business development and uplisting to NasdaqGS. We are grateful for Dr. Dong's strong support and cooperation during the past two years as a valued board member and wish him well in his future endeavors," said Xiaofeng Peng, Chairman and CEO of SPI Energy.

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

For investors and media inquiries please contact:

Investor Relations Department

SPI Energy Co., Ltd.
pearl.peng@spisolar.com 
+86 18811197382

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Dec. 1, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that the Company's solar power plant located in Gonghe County, Qinghai Province with annual installed capacity of 10 Megawatts (the "Gonghe Plant") has received approximately RMB 20 million subsidy towards partial payment of the accrued renewable energy tariff period till April 2015 (the "Subsidy").

The Gonghe Plant was connected to grid in December 2013 and successfully registered into the sixth batch of the Renewable Energy Tariff Subsidy Catalogue (the "Catalogue") which was issued by the Ministry of Finance, National Development and Reform Commission and National Energy Administration and released on 23 September 2016.

Xiaofeng Peng, Chairman and Chief Executive Officer of the SPI Energy, commented, "With continuous efforts from the Chinese government to optimize energy structure, including policy initiatives and subsidies to promote the use of renewable energy in the coming years, owning high quality solar power plant projects in China eligible for tariff subsidies remains an attractive value proposition for the Company as we continue to explore opportunities for the investment, development and cooperation of high quality solar projects both in China and globally for the best interest of our shareholders. We expect the Gonghe Plant to receive future subsidies payable on a regular basis according to the Catalogue so long as it continues to meet the Catalogue's eligibility requirements."

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 18811197382

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Nov. 30, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that Xinwei Intelligent Power (Suzhou) Co. Ltd., ("Xinwei Intelligent"), a wholly owned subsidiary of the Company has signed an agreement with Foshan Kezhou New Energy Development Co., Ltd. ("Foushan Kezhou") to provide engineering, procurement and development (EPC) services to one megawatt distributed generation ("DG") project (the "Project") located in Shunde County, Guangdong Province. This is the second phase of Shunde DG projects after the completion of 10MW project in August, 2015 with grid connection.

Construction of the Project is expected to begin in December, 2016 and is expected to complete with grid connection in April, 2017.

"We see huge potential in China's DG market especially in the Pearl River Delta region," said Xiaofeng Peng, Chairman and Chief Executive Office of SPI Energy. "The recent release of China's 13th Five-Year Plan indicates that by 2020, the national distributed power generation is expected to reach 60GW. As the central government continues to demonstrate its strong commitment to clean energy, we are optimistic about the DG market and confident that we will benefit significantly from those positive macro trends."

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. is a global clean energy market place 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, residential/commercial solar power and storage projects, and clean energy solution provider 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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 18811197382

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy Co., Ltd.

SHANGHAI, Nov.17, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that effective today, Mr. Guanning Liang is appointed as the Company's Chief Financial Officer ("CFO"). Mr. Liang replaces Mr. Tairan Guo, who has served as the Company's Interim CFO since March 2016. Mr. Guo will continue to serve as Vice President overseeing the Company's green power consumption business and power plant assets within Meicheng Power, a subsidiary of the Company, to further develop and implement the Company's investment, asset management and M&A strategies.

"I would like to thank Mr. Tairan Guo for his outstanding contributions and leadership during his tenure in achieving critical initiatives after successful up-listing from OTC to Nasdaq Global Select, we look forward to continuing to work with him." said Xiaofeng Peng, Chairman and Chief Executive Office of SPI Energy. "Mr. Liang is an accomplished executive with significant financial expertise and experience in leading U.S.-listed public companies. I am excited to welcome him on board and looking forward to working closely with him to further improve corporate governance, financial management, SEC reporting, and investor relations."   

Mr. Liang brings a wealth of leadership experience to SPI Energy, with over 14 years of expertise in finance and auditing. Mr. Liang joined the Company from Weibo Corporation (NASDAQ: WB) where he has served as Finance Director since 2015. Previously, Mr. Liang was Finance Director at Sina Corporation (NASDAQ: SINA) from 2012 to 2015, Financial Controller at China Mass Media Corp. from 2011 to 2012, and Finance Manager of GCL-Poly, a company listed on the Stock Exchange of Hong Kong, and Senior Finance Manager of its subsidiary GCL Solar from 2008 to 2010. Prior to that, Mr. Liang has over six years' experience in KPMG China and Singapore Offices from 2002 to 2008, and his last position with KPMG is audit manager. Mr. Liang received his bachelor's degree in management from Sun Yat-Sen University in 2002 and is a Fellow member of Chartered Certified Accountant, or FCCA.

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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE Solar Power, Inc.

SHANGHAI, Nov. 3, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Solarbao, the Company's e-commerce and finance leasing platform, was among the well-known clean energy enterprises that have been voted to receive the 2016 CREC "Shine Cup – Elite Power Plant Developers and Investors" Award (the "Shine Cup Award") at the 8th Chinese Renewable Energy Conference & Exhibition (the "CREC2016").

The Shine Cup Award, in its 5th year since 2012, is a premier industry award sponsored by the Shine Magazine, the first globally issued Chinese-English bilingual PV magazine supported by Chinese Academy of Social Sciences, and solarbe.com, one of the earliest and most influential PV medias in China. This year's Award Ceremony was held on November 2 in Wuxi City, Jiangsu Province in conjunction with the opening of the CREC2016. 

"As SPI Energy and Solarbao continues its award-winning streak in recent months, we are proud to be voted by the professional industry insiders and public to receive this prestigious industry Award. This also marked the second Shine Cup Award for SPI Energy and Solarbao, following last year's "Shine Cup – Innovative Business Model" Award. We view these awards as a strong encouragement to our innovation and contribution in advancing the distributed generation ("DG") solar market in China, where significant opportunities can be explored through our platform," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy.

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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy

SHANGHAI, Nov. 2, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced changes to the senior management team and board of directors of the Company (the "Board"), effective on October 29, 2016:

Mr. Roger Dejun Ye has resigned as Executive Vice President in charge of the Company's solar business but will remain as a non-executive director of the Board;

Mr. Minghua Zhao, who currently serves as Joint Chief Operating Officer ("COO") of the Company's China domestic business, has been appointed as a director to the Board; and

Mr. Fei Yun, who previously served as General Manager of Xinghang PV Technology (Suzhou) Co., Ltd., has joined the Company as Senior Vice President in charge of R&D and Solar Technology Development.

"I would like to thank Roger for his contributions to the development of Company's solar business during his tenure and we look forward to continuing to work closely with Roger in his role as a director of the Board. On behalf of the management team and the Board, I also would like to extend our warm welcome to Minghua in joining the Board and Fei in joining the Company," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy.

Mr. Minghua Zhao currently serves as Joint COO of the Company's China domestic business and previously served as Senior Vice President of the Company's finance service business between February 2015 and June 2016. Before he joined the Company in February 2015, Mr. Zhao served as general manager of Suzhou Industrial Park Chengcheng Enterprises Guarantee Co., Ltd., a financial services company, and from 2003 to 2009 as president of Suzhou Industrial Park Branch of Suzhou Bank. Prior to that, he worked at CITIC Bank for six years. Mr. Zhao graduated from Jiangsu Province Business School in 1997 with a degree in Business Administration and from Southwestern University of Finance and Economics in 2008 with a degree in Business Management.

Mr. Fei Yun has more than 30 years of experience in the research and development of solar cells, PV systems and senior management role in the industry in Australia and China. Mr. Fei Yun joined us from Xinghang PV Technology (Suzhou) Co., Ltd. where he has served as General Manager since July 2014. Previously, Mr. Yun held senior management positions at various solar companies, including as Vice President of Technology at LDK Solar Co., Ltd. from February 2010 to June 2013; Chief Technology Officer at Solar Enertech Corp. from December 2007 to January 2010; Vice President of Technology at SolarFun (Now Hanwha Solar One) from July 2006 to November 2007; General Manager and Chief Engineer at Tera Solar Technologies from March 2004 to June 2006. Mr. Yun received his bachelor's degree in Physics from Jinan University, his master's degree in Solar Energy from the Asian Institute of Technology(AIT) in Bangkok, Thailand. He also had nearly 10 years of research and development experience in silicon-based solar cells at the ARC Photovoltaics Centre of Excellence at the University of New South Wales in Sydney, Australia, his expertise is focused on the high efficiency silicon solar cell.

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, please 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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy

SHANGHAI, Nov. 1, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Solarbao, the Company's e-commerce and finance leasing platform, has been awarded the 2016 NBD Outstanding Internet Finance Brand (the "NBD Award") at the 2016 China Internet Financial Regulation and Development Forum (the "Forum") which took place on October 28 in Shenzhen, Guangdong Province.   

Organized by National Business Daily ("NBD") with the support of the PBOC Internet Finance Research Center and the Renmin University Fintech and Internet Security Research Center, the Forum, its 4^th Edition, is a premier event for the China internet financing industry that drew more than 400 representatives from internet financing companies including Lufax and Yirendai, as well as representatives from government agencies and leading research institutes.  

Mr. Xiaofeng Peng, Chairman and CEO of SPI Energy commented, "The NBD Award dedicated to Solarbao is a strong testament to our finance leasing platform, and it's an encouragement that our Solarbao platform is in compliance with the regulatory framework and considered as one of the leading players in the Fintech industry. This is the second awards this month after we won the 2016 Outstanding Achievement Award – China New Energy Enterprise at the 2^nd Beijing Global Energy Leadership Summit. Kudos to our Solarbao team!" 

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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
ir@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy

SHANGHAI, Oct. 31, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Solar Juice Pty Limited ("Solar Juice"), a subsidiary of the Company and the largest importer/distributor of solar related products in Australia, was selected by LG Chem, Ltd. ("LG Chem") as a major distributing partner of its RESU home energy storage, with a capacity of 10kWh Batteries in Australia and New Zealand.  

Solar Juice is the first distributor of the LG Chem RESU3.3 (48V, 3.3kWh) and RESU6.5 (48V, 6.5kWh). The newest RESU10 (400V, 10kWh) batteries are expected to be commercially available in late 2016.

"With its long lifespan and top-notch quality, the LG Chem RESU batteries are fully capable of stored solar-energy usage during night time and thus significantly reduces electricity expenses for households with installed solar PVs. Australia is an ideal market for home energy storage, where over 1.5 million households, or approximately 1 in every 4 homes, currently have installed solar PVs. As a result, Solar Juice is well positioned to capture this large and growing market opportunities as a leading wholesale distributor," said Mr. Xiaofeng Peng, Chairman and CEO of SPI Energy.

"We are very excited to introduce LG Chem's new RESU series to the Australian market. High energy densities and outstanding performances of the new RESU series are superior to those of other products.  The new RESU series cover both indoor and outdoor installations with both low and high voltage options available." says Rami Fedda, Cofounder and Supply Director of Solar Juice.

"The storage market opportunity in Australia is tremendous, and Solar Juice is delighted to be partnered with one of the leading players in this space. For a country that has been one of the largest residential PV markets over the past five years, we are about to witness a massive transformation with the adoption of storage, and Solar Juice is well-positioned at the forefront of this change." added Rami Fedda, Cofounder and Supply Director of Solar Juice.

"LG Chem is very pleased with the great success Solar Juice has achieved with our first generation of RESU product. Furthermore, we are excited by great interest Australian market has showed, regarding our new RESU series. We are looking forward to becoming more active in Australian energy storage market by cooperating with Solar Juice," said Jin Yong Park, Director of LG Chem.

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, please visit: www.spisolar.com, www.solarbao.com or www.solartao.com.

About Solar Juice Pty Limited

Incorporated in Sydney, Australia, Solar Juice Pty Limited ("Solar Juice") is a subsidiary of SPI Energy Co., Ltd. and a leading solar wholesale supplier in Australia. Solar Juice distributes solar kits, including PV modules, balance-of-system components, solar monitoring systems and inverters, to corporate or retail customers in Australia and Southeast Asia. A third-party consultancy has ranked Solar Juice as the No.1 solar product distributor in Australia based on wholesale volume in 2013-2015. As of December 31, 2015, Solar Juice had over 3,000 business-to-business accounts, of which approximately 700 were active monthly.

For additional information, please visit www.solarjuice.com.au.

About LG Chem

LG Chem, Ltd. is Korea's largest diversified chemical company which operates three main business units: Petrochemicals, IT & Electronic Materials and Energy Solution. The chemical business manufactures a wide range of products, from petrochemical goods to high-value added plastics. It also extends its chemical expertise into high-tech areas such as electronic materials and rechargeable batteries field. Based on the many years of experience in the development and production of batteries, LG Chem is one of the world's leaders in energy storage systems. As such, the company is a primary supplier for the mobile and automotive industry around the world. Entering the business of ESS in 2010, LG Chem has constantly developed and supplied innovative solutions for the ESS market segments such as Grid, Residential and UPS. Throughout multiple production facilities and an extensive distribution network globally, LG Chem has become a global leading company.

For additional information, please visit www.lgchem.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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy

SHANGHAI, Oct. 24, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that the Company has been awarded the 2016 Outstanding Achievement Award – China New Energy Enterprise (the "Award") at the 2^nd Beijing Global Energy Leadership Summit (the "Summit").

Hosted by the Economic Observer and China Overseas Development Association with the support of the National Development and Reform Commission, the Summit is an annual event that brings together thought leaders, practitioners, and innovators from businesses, government, and academia to promote global cooperation across the energy industry, particularly among the green energy enterprises. This year's Summit was held in conjunction with the 1^st International Industrial Capacity Cooperation Forum & the 8^th China Overseas Investment Fair, which took place October 20-21 at the Beijing Exhibition Center in Beijing.

Tairan Guo, Interim Chief Financial Officer of SPI Energy, participated as a panelist at the Summit and introduced the four pillars of the Company's integrated clean energy ecosystem that feature Green Energy Technical Services (project development, EPC services, and EV rental), hybrid energy storage systems and management platform, green finance and e-commerce.

Mr. Xiaofeng Peng, Chairman and CEO of SPI Energy commented, "We view the Award as a recognition of SPI's innovation and contribution as one of the leading clean energy brands in China. As we continue to expand, both vertically and horizontally, we believe that our strategic focus on creating a fully integrated clean energy ecosystem position us well for long-term success."

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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
ir@spisolar.com
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE Solar Power, Inc.

SHANGHAI, Oct. 20, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that the Bank of Jiangsu has approved an 8-year project finance for a 4.8 MW photovoltaic solar energy DG plant in Nantong City, Jiangsu Province (the "Project").

The Project, which is sponsored by the Company, is located in Nantong City, Jiangsu Province with a total installed capacity of 4.8 MW and will supply an average of 4 million kWh of electricity per year to the national grid and consumers, helping to diversify Nantong's energy matrix and eliminating approximately 3,633 tons of CO₂ emissions per year.

Mr. Xiaofeng Peng, Chairman and CEO of SPI Energy commented, "We are very pleased to have received the project finance from the Bank of Jiangsu. Today's announcement speaks volumes about the strong support of the local banking industry and government agencies for clean tech companies, especially for distributed generation (DG) solar projects. As we continue to expand our operations and build project pipeline in the Jiangsu region and globally, our focus remains on projects with attractive ROI as well as strong support from local banking industry and government agencies."

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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
ir@spisolar.com 
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com 
+1 732 910 9692

SOURCE Solar Power, Inc.

SHANGHAI, Sept. 30, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, together with its Australia subsidiary Solar Juice Pty Limited ("Solar Juice"), will feature its solar panels products, solar inverters and storage products in All-Energy 2016 at the Melbourne Convention & Exhibition Centre from October 4 to October 5. 

All-Energy Australia is Australia's largest and renowned clean and renewable energy conference, attracting over 3,500 delegates each year.

Both management teams of SPI Energy and Solar Juice will be present and the booth number is 2943. The products that will be exhibited at this conference include well-known brands such as:

• LG Chem, new range of RESU batteries
• SMA (Sunny Boy Storage, Sunny Boy 1.5, Sunny Tripower, new Sunny Boy 5)
• Zeversolar 
• ABB, 50kW and Uno 2.5
• Opal Solar panels, new Black Opal panel
• LG panels: Bifacial, 300W Black, 320 NeON 2, 365W NeON R
• JA Solar panels
• Trina Solar panels
• SolaX inverter
• Reposit Power
• Fronius, Primo and Symo inverters

For more detailed information on the products, please visit SPI Energy and Solar Juice October 4 to October 5 at the Melbourne Convention & Exhibition Centre at All-Energy 2016.

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.

About Solar Juice Pty Limited ("Solar Juice")

Solar Juice is a subsidiary of SPI Energy Co., Ltd., the Australia's leading solar wholesaler incorporated in Sydney, Australia. Solar Juice engages in the business of distributing solar kits, including PV modules, balance-of-system components, solar monitoring systems and inverters, to retail or corporate customers in Australia and Southeast Asia. According to SolarBusinessServices, a consultancy, Solar Juice ranked as the number one solar product distributor in Australia based on wholesale volume in 2013, 2014 and 2015. As of December 31, 2015, Solar Juice had over 3,000 Business-to-Business accounts, of which 700 were active on a monthly basis.

For additional information visit: www.solarjuice.com.au

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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
ir@spisolar.com 
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, Sept. 28, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced the entry into of purchase agreements ("the Agreements") with certain existing shareholders (including certain key management personnel of the Company) and other investors (collectively, the "Purchasers") to issue and sell ordinary shares of the Company (the "Shares") to the Purchasers at a price of US$0.259 per Share (US$2.59 per ADS), for a total consideration of approximately US$100 million (the "Private Placement"). In addition, the Purchasers are subjected to a 180 days lock-up period after the closing of the Private Placement.

Net proceeds from the Private Placement are intended to be used for expansion of SPI Energy's global PV project activities and general corporate purposes.

The Private Placement is subject to the satisfaction of customary closing conditions.  The Purchasers have the right to terminate the Agreements if the share issuances contemplated under the respective Agreements have not been completed by December 22, 2016.

The Company will grant to those investors options to purchase ordinary shares at the same price within two years.

The Shares are being offered and sold solely to non-U.S. persons, on a private placement basis in reliance upon Regulation S promulgated under the U.S. Securities Act of 1933, as amended.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of SPI Energy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

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.

For investors and media inquiries please contact:

Investor Relations Department
SPI Energy Co., Ltd.
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, July 20, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its wholly owned Japanese subsidiary, SPI Solar Japan G.K. ("SPI Japan") has completed the 2.4MW Nishiura power plant in Japan's Ibaraki Prefecture and connected it to the grid. The distributed generation project was the first local PV project undertaken by SPI Japan in September 2014 and covered all aspects of the plant's development, construction and operation.

Located 50km north of Tokyo, the utility-scale Nishiura power plant covers a total land area of 26,562 square meters and will produce around 3 million kWh of solar electricity per year. The power generated by the 2.4 MW solar park will be sold to a Japanese company under a 20-year power purchase agreement for 831.6 million yen, under which the project will receive 32 yen/kWh of electricity produced under Japan's feed-in tariff (FIT). SPI Japan owns 100% of the project and will oversee all operations and maintenance requirements of the plant over the course of its lifetime.

"The Nishiura power plant was successfully completed on schedule and on budget thanks to the hard work and commitment of our talented local team," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "The project will bring long-lasting economic and environmental benefits to the area and solidifies SPI Japan's position as a market leader for commercial and residential solar power projects in Japan."

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, July 7, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced it has strengthened its senior management team with two key appointments. Effective August 1, 2016, Mr. Kevin Qi will join SPI Energy as Senior Vice President ("SVP") in charge of corporate development and capital markets and effective July 1, 2016, Mr. Minghua Zhao became joint Chief Operating Officer ("COO") of the Company's China domestic business.

Mr. Qi has more than 17 years of experience dealing with cross-border fund raising and capital market transactions in Asia and globally and has a successful investment and asset management track record. He has served as Managing Director and Head of Credit Opportunities Fund at China Merchants Capital in Hong Kong since May 2007, overseeing the establishment and performance of the US$400 million fund. Mr. Qi served as a Managing Director at Bank of America Merrill Lynch from 2007 to 2013 where he was the head of the Greater China global loans and special situation group. Prior to that, he held senior management roles at other global investment banks including Citigroup, Credit Suisse and UBS. Mr. Qi obtained a Bachelor's Degree in Physical Oceanography at Ocean University of China, a Ph.D. in Physical Oceanography at Oregon State University and an MBA at University of Chicago, Booth School of Business.

Mr. Zhao, who joined SPI Energy in February 2015 and has served as SVP of the Company's finance service business, brings 19 years of business management, finance, investment and risk management experience to the Company. He previously served as general manager of Suzhou Industrial Park Chengcheng Enterprises Guarantee Co., Ltd., a financial services company, and from 2003 to 2009 as president of Suzhou Industrial Park Branch of Suzhou Bank. Prior to that, he worked at CITIC Bank for six years. Mr. Zhao graduated from Jiangsu Province Business School in 1997 with a degree in Business Administration and from Southwestern University of Finance and Economics in 2008 with a degree in Business Management.

"Mr. Qi is a proven financial leader with a deep understanding of capital markets and corporate strategy and we are delighted to have him join our senior management team," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "We are also pleased to have Mr. Zhao step into the position of joint COO working closely with Hoong Khoeng Cheong, COO of our overseas operations. Mr. Zhao will be responsible for steering our growing China operations which span a wide range of online and offline businesses. They both bring many years of valuable experience to SPI Energy and will help drive our corporate development in a global context as we take advantage of the evolving green energy market opportunities at home and abroad."

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.

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, July 5, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors, Ltd. ("GSR GO Scale Capital") for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity expansion and potential M&A of electric vehicle (EV) battery products in China and globally. Pursuant to the agreement, the five-year convertible bonds will bear interest at the rate of 5% per annum and the initial conversion price will be calculated as the weighted average share price of SPI Energy during the previous 30 trading days.

As part of the proposed transaction, SPI Energy also plans to enter into a strategic cooperation with GSR Ventures invested company Boston-Power Inc. ("Boston-Power"), a developer and manufacturer of next generation lithium-ion cell and battery technologies. Founded in 2005 in Boston, Massachusetts, Boston-Power is a global supplier of lithium-ion battery products that improve the quality and safety of sustainable energy storage technologies. It counts Hewlett-Packard and ASUS as customers who offered Boston-Power "green" battery solutions with long life warranties for the first time in the notebook industry. Boston-Power also manufactures batteries for the EV market and is currently selling these into the Chinese market. Beyond EVs, Boston-Power also fuels a wide range of transportation applications and industrial and consumer electronics products such as e-bikes, e-scooters, medical equipment, robotics, aerospace, stationary power, electric lawnmowers, specialty lighting, tracking devices and remote sensing. Boston-Power is a global company with R&D centers of excellence in Westborough, Massachusetts, and Beijing, China, and mass manufacturing operations based in Asia.

"The net proceeds from the convertible bonds will be used as general working capital to strengthen the financial position of the Company and for potential acquisitions," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "We look forward to forming a partnership with Boston-Power and exploring win-win opportunities in the energy storage and EV markets. Working together, SPI Energy and Boston-Power will create a powerful clean energy chain for the transportation industry in China, spanning power generation, power storage, EV rentals and financial services."

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, June 27, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its subsidiary Xinwei Solar Power Engineering (Suzhou) Co., Ltd. has signed two new EPC contracts in China. A 40 megawatt (MW) PV power generation project with Inner Mongolia Jitong New Energy Technology Co., Ltd. and a 6MW project with Linze County Tianheng New Energy Co., Ltd.

Under the contracts, SPI Energy will provide a wide range of services from engineering and procurement to construction and distribution for the second phases of these projects. Located in Inner Mongolia province, the Jitong New Energy project will generate a total of 50MW of power when phase two is complete, while the Linze Tianheng project in Gansu province will generate a total of 12MW. The projects are scheduled to be completed by the end of 2017.

"These projects add to SPI Energy's strategy of delivering high quality solar plants and supplying more clean energy to the grid in China," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "SPI Energy has successfully completed the first phase of these projects and we are delighted to be awarded the remaining EPC work as well. This is a testament to the strong focus on quality and efficiency of our experienced team."

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, June 1, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its Chairman and CEO, Xiaofeng Peng, is scheduled to speak at the T.H. Capital China TechNet + Investment Conference on June 2, 2016 at the Shangri-La Hotel in Beijing, China. Scheduled for 9:00am local time, Mr. Peng's presentation will introduce the Company and provide an update on its business activities in China and globally. A copy of the presentation will be available on SPI Energy's investor relations website at http://en.spisolar.investorroom.com/.

SPI Energy's management will also be conducting one-on-one meetings with institutional investors and industry partners during the conference.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, May 31, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it has successfully completed and connected four distributed generation (DG) projects totaling 12.8 megawatts (MW) to the grid in China. The Company was responsible for the engineering, procurement and construction (EPC) of all the DG solar energy projects, while Solarbao.com, SPI Energy's e-commerce and investment platform, provided financial leasing services.

The DG projects included two rooftop solar power plants in Jiangsu province, a rooftop solar power plant in Jiangxi province and a solar farm in Shandong province: (i) the 5MW Hai'an project in Jiangsu province involved the installation of 19,000 SPI Energy PV modules across a total surface area of 49,000 square meters, (ii) the 2MW Suzhou Industrial Park project in Jiangsu province used 8,000 PV modules across a total surface area of 41,000 square meters, (iii) the 1.8MW Fuzhou high-tech industrial development zone project in Jiangxi province involved the installation of 7,000 PV modules covering a total surface area of 30,000 square meters, and (iv) the 4MW Shouguang city solar farm project in Shandong province combined solar production with agriculture, and integrated 16,000 PV modules into a farming area covering 157 acres of crops and greenhouses to improve land usage and reduce environmental impact.

Through Solarbao.com, individual and institutional investors can purchase innovative capital leasing investment products designed to generate stable long-term returns. For the four projects, investors were able to purchase the PV modules and kits used in the construction phase and lease them back for a fixed fee. In addition, Solarbao.com investors can earn an annual return for the grid-connected DG projects by investing in their ongoing solar energy generation.

"By leveraging SPI Energy's EPC capabilities and Solarbao.com's innovative business model, these DG solar energy projects will generate clean, reliable electricity for the local power grid for decades to come," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "Solarbao.com is helping to solve the financial bottleneck in China's solar industry and allowing individual and business investors to access a stable and reliable income stream. We look forward to completing more successful Solarbao.com-funded projects in the coming years."

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, May 26, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its Board of Directors has approved a plan to list a wholly owned subsidiary under its power plant management and service business unit, Meicheng Power Suzhou Ltd. ("Meicheng"), on the National Equities Exchange and Quotations ("NEEQ"), an over-the-counter market for small and medium enterprises in China. Meicheng owns and operates utility-scale PV projects as well as commercial distributed generation PV projects across China. The Company has appointed an advisory committee to prepare for the listing that includes Ping An Securities Company, Ltd., Jingtian & Gongcheng Law Firm and United Ericsson Certified Public Accountants.

Established by the State Council in late 2012, the NEEQ is a national over-the-counter market that supplements trading activities on the Shanghai and Shenzhen stock exchanges, including the related Growth Equity Market exchanges. The NEEQ allows for trading of stocks of growth companies that do not otherwise satisfy the requirements for listing on the Shanghai and Shenzhen stock exchanges, allowing small and medium enterprises in China access to the capital markets and greater exposure to the investment community.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, May 24, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it will exhibit at the SNEC International Photovoltaic Power Generation Conference & Exhibition (SNEC Expo) from May 24-26, 2016 in Shanghai, China at the Shanghai New International Expo Center (Booth W5-570).

At the opening ceremony of the SNEC Expo, Mr. Xiaofeng Peng, Chairman of SPI Energy, received the award for the Photovoltaic Industry Leader of the Year in recognition of his achievements and contributions to the global solar industry, as selected by the Shanghai New Energy Industry Association (SNEIA) and the Asian Photovoltaic Industry Association (APVIA).

"We are delighted to be exhibiting at one of the world's leading solar industry events," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "It is a powerful platform to showcase SPI Energy's industry leading products and innovative business models, such as Solarbao.com, Solartao.com and Solardian, as well as meet other key industry players and exchange ideas. I am also deeply honored to be presented with the Photovoltaic Industry Leader Award and I look forward to continuing to contribute to the solar energy transition in China and worldwide."

Now in its 10th year, the SNEC Expo is the largest and most influential PV tradeshow in Asia Pacific. It focuses on PV production equipment and materials, PV cells and components and engineering systems, covering every section of the PV industry chain. The 2015 exhibition covered 160,000 sq. meters and attracted over 1,500 exhibitors from 90 countries and regions. 

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:
Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, May 24, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it has begun construction of a solar power system covering the roof of Golden 1 Center, the new home of the Sacramento Kings in downtown Sacramento, California. The solar array, consisting of 3,400 of the Company's photovoltaic panels, is expected to be completed by July 2016 and directly provide 15 percent of the arena's power.

SPI Energy's US team based in Roseville, California will build and operate the system and was also responsible for its unique design. The rooftop array is designed to be visually striking in aerial views, such as promotional shots during sports telecasts, and will add to the iconic appeal of the building as a whole. SunSystem Technology, Inc. (SST), headquartered in Sacramento, will join the project to support the array installation.

In 2008, SPI Energy installed a similarly sized system on the roof of the Staples Center in Los Angeles and constructed an eight-megawatt solar field at Aerojet in Rancho Cordova. All of these large-scale solar array projects use SPI Energy's top quality, custom-built photovoltaic panels.

"The growing demand for our solar panels is a testament to the reliability and high quality of our products," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "We are delighted to be playing such a crucial role in helping the Golden 1 Center become as sustainable and energy efficient as possible. Our dedicated team of designers and experts are fully committed to this landmark project that will see SPI Energy's industry leading solar array become a fixture of the Sacramento skyline for years to come."

"Our team has worked hard during the design stage to maximize both the power production and the aesthetics of this rooftop solar system and it's great to finally get started on the construction piece of the project," said Hoong Khoeng Cheong, SPI Energy's Chief Operating Officer. "It's going to look gorgeous and we are very excited for the whole world to see the finished product."

"We are committed to being good stewards of the environment - Golden 1 Center will be the first indoor arena in the world that is 100 percent solar powered, serving as a model of how businesses can do their part to curb climate change and responsibly use resources," said Kings President Chris Granger. "SPI's solar innovations will allow us to take advantage of over 300 days of sunshine in Sacramento and meet our ambitious net-zero energy goal."

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:

Toni Turnbull
916-770-8151

SOURCE Solar Power, Inc.

SHANGHAI, May 17, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2015 with the Securities and Exchange Commission. The annual report can be accessed on the Company's investor relations website at http://en.spisolar.investorroom.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, SPI Energy Co., Ltd., 7th Floor, Block A, Building 1, Jinqi Plaza, No. 2145 Jinshajiang Road, Putuo District, Shanghai 200333, the People's Republic of China.

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:
Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, May 10, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced the entry into share purchase agreements ("the Agreements") with existing shareholders including Zhou Shan, Head & Shoulders Global Investment Limited (formerly Robust Elite Limited), and certain members of its management team (collectively, the "Purchasers"), to purchase an aggregate of 75,990,000 ordinary shares of the Company (the "Shares") at a price of US$0.759 per Share (US$7.59 per ADS), for a total consideration of US$57.68 million.

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. The completion of the above transaction is subject to the satisfaction of customary closing conditions and the Purchasers are subject to a one-year lock-up period.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of SPI Energy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Net proceeds from the above transaction are intended to be used for expansion of SPI Energy's global PV project activities and general corporate purposes.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE Solar Power, Inc.

SHANGHAI, May 10, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Dr. Maurice Ngai has been appointed as a new independent director, chairman of the Audit Committee and a member of the Compensation Committee, effective May 9, 2016.

"We are delighted to welcome someone of Dr. Ngai's caliber and experience to our Board," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "Given his wealth of knowledge of financial, accounting and corporate governance issues, he is the ideal choice to serve as the chairman of the Company's Audit Committee. I am confident that Dr. Ngai's strategic skillset and business acumen will be extremely valuable as we plan for future growth." 

Dr. Ngai is the founder and CEO of SW Corporate Services Group Limited, a company providing company secretarial, corporate governance and compliance services.  Prior to that, he was the director and head of listing services of an independent integrated corporate services provider. He has over 25 years of corporate and professional experience, working in senior management posts of company secretary, executive director and chief financial officer. During his career, Dr. Ngai has led and participated in a number of significant corporate finance projects including listings, mergers and acquisitions as well as issuance of debt securities.

Dr. Ngai is a member of the Working Group on Professional Services under the Economic Development Commission of HKSAR, a director of Hong Kong Coalition of Professional Services, the President of the Hong Kong Institute of Chartered Secretaries (2015), a General Committee member of The Chamber of Hong Kong Listed Companies, a member of Qualification and Examination Board of the Hong Kong Institute of Certified Public Accountants and the Adjunct Professor of Law of Hong Kong Shue Yan University. Dr. Ngai obtained a Doctoral Degree in Finance at Shanghai University of Finance and Economics, a Master's Degree in Corporate Finance from Hong Kong Polytechnic University, a Master's Degree in Business Administration from Andrews University of Michigan and a Bachelor's Degree in Laws at University of Wolverhampton. He is in a selected talent pool of State-owned Assets Supervision and Administration of the State Council (SASAC) and is serving as an independent non-executive director of several reputable listed companies.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE SPI Energy

SHANGHAI, April 29, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission.  The Company is unable to file its Annual Report on Form 20-F for the year ended December 31, 2015 (the "Form 20-F") on or prior to the filing deadline without unreasonable effort or expense, because the Company requires additional time to complete the audit process related to its Form 20-F. The Company is working diligently to complete the audit process and intends to file the Form 20-F as soon as reasonably practicable.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE Solar Power, Inc.

SHANGHAI, April 29, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Charles Sheung Wai Chan resigned as an independent director on the Board of Directors, chairman of the Audit Committee and member of the Compensation Committee of the Company for personal reasons, effective immediately on April 29, 2016.  Mr. Chan advised the Company that his resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

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:

Tairan Guo
ir@spisolar.com
+86 21 8012 9135

SOURCE Solar Power, Inc.

SHANGHAI, April 19, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its subsidiary Gonghe Xinte Photovoltaic Power Generation Co., Ltd. has entered into a 10-year leasing agreement with China Kangfu International Leasing Co., Ltd. ("China Kangfu"), pursuant to which China Kangfu has already provided financing of RMB140 million to support the 20 megawatts Gonghe Xinte solar power project in Qinghai Province.

Under the agreement, both parties shall establish a long-term strategic partnership leveraging their respective strengths and collaborate to promote clean renewable energy projects. China is aiming to triple its solar power capacity by the year 2020 to as much as 143 gigawatts to help reduce carbon emissions, according to the country's National Energy Administration.

China Kangfu is one of the pioneers of China's financial leasing industry. Founded in 1988 and headquartered in Beijing, its major business areas cover energy and electricity, equipment manufacturers outsourcing, healthcare, and operating and cross-border leasing. China Kangfu's shareholders include Sany Group, the largest heavy machinery manufacturing firm in China, and Morgan Stanley, the global investment bank.

"We are pleased to build a long-term partnership with China Kangfu to capitalize on the fast-growing solar market in China," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "SPI has an outstanding global portfolio of PV power projects and we believe that China Kangfu's strong financial resources and industry experience makes it an ideal local partner to support our growth strategy and enhance our leading position in the solar industry."

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.

About China Kangfu International Leasing Co., Ltd.

Founded in 1988 and headquartered in Beijing, China Kangfu International Leasing Co., Ltd. is an important financial leasing subsidiary under the State Power Investment Corporation (SPIC). Its major business areas cover energy and electricity, equipment manufacturers outsourcing, healthcare, and operating and cross-border leasing. China Kangfu is the largest financial leasing company listed on China's New Third Board in terms of market capitalization (stock code: 833499.NE). Its shareholders include Sany Group, the largest heavy machinery manufacturing firm in China, and Morgan Stanley, the global investment bank.

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:

Tairan Guo
ir@spisolar.com

SOURCE Solar Power, Inc.

SHANGHAI, March 28, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Xiaofeng Peng, Chairman of the Board of Directors (the "Board"), has taken on the additional role of chief executive officer, effective March 25, 2016. Roger Dejun Ye has retired from his role as CEO and was appointed to the Company's Board as a director and executive vice president in charge of the solar business, effective the same day.

In addition, Amy Jing Liu tendered her resignation as the Company's chief financial officer and director of the Board effective March 24, 2016, for personal reasons. SPI Energy's Board will conduct a search for a new CFO. Tairan Guo, SPI Energy's assistant to chairman and head of Lvdiantong, has been named interim CFO until a permanent CFO is appointed. Mr. Guo has been responsible for overseeing SPI Energy's green energy payment platform, Lvdiantong, and assisting in the development and implementation of the Company's investment, asset management and Internet finance strategies. Prior to joining SPI Energy, Mr. Guo was the co-founder of Unisun Energy Group, a global PV power plant investor, developer and clean energy solutions provider, and the general manager of Unisun Japan. Prior to that, Mr. Guo served as assistant to chairman and vice president at BaySolar AG, a subsidiary of Bay Energy Group and a leading provider of financing, construction and management services for major PV projects. Earlier in his career, Mr. Guo was the chief business officer at China Technology Development Group Corporation.

The Board has also promoted Minghua Zhao to senior vice president in charge of the Company's finance service business, effective March 25, 2016.  Mr. Zhao joined SPI Energy in March 2015 and is stationed in Suzhou, Jiangsu Province. He previously served as chairman of the Suzhou Industrial Park Chengcheng Enterprises Guarantee Co., Ltd., a financial services company, and as president of Suzhou Industrial Park Branch of Suzhou Bank.

"We would like to thank Amy and Roger for their significant contributions to the Company's growth and development, and we wish Amy well in her future endeavors," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "As a fast growing global green energy Internet company, we are focused on attracting top industry and technology talent to strengthen our existing management team and help us execute our ambitious growth strategy."

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:

Tairan Guo
ir@spisolar.com

SOURCE Solar Power, Inc.

SHANGHAI, March 7, 2016 /PRNewswire/ -- —SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its wholly-owned subsidiary, SPI China (HK) Limited, has closed a transaction to sell the entire issued share capital of Solar Park Developments 2 Ltd ("Hall Farm"), which holds a solar power project in the United Kingdom with a rated capacity of approximately 15 megawatts ("MW"), to a fund managed by BlackRock, Inc. ("BlackRock"), a global leader in investment management, risk management and advisory services.

Located in Tasburgh, Norwich, the Hall Farm solar project commenced construction in the first quarter of 2015 and was connected to the grid in August 2015. The project is eligible to receive Renewables Obligation Certificates ("ROCs") at 1.3 ROCs/MWh for 20 years under the UK's Renewables Obligation ("RO") scheme.

"We are delighted to partner with BlackRock again on our third UK transaction during the past year," said Xiaofeng Peng, Chairman of SPI Energy. "BlackRock is one of the leading global infrastructure investors and this deal is a testament to SPI Energy's proven track record of delivering high quality solar power projects in the UK and worldwide."

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.

About BlackRock, Inc.

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2015, BlackRock's AUM was $4.645 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2015, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.

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
US cell: (800) 548 8767

SOURCE SPI Energy

SHANGHAI, Feb. 5, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that its majority-owned subsidiary, Beijing Yiwei New Energy Technology Development Company ("Yiwei"), has expanded its business into China's southern province of Hainan. The Internet-based electric vehicle (EV) rental service provider, which has existing operations in Beijing and Shenzhen, is expanding to Hainan, which is expected to see a spike in tourism during the upcoming Chinese New Year holiday.

Xiaofeng Peng, Chairman of SPI Energy said, "Every year more Chinese people are choosing to drive cars to explore the country during the Chinese New Year holiday. This year SPI Energy is pleased to offer EV rental solutions for environmentally conscious travelers visiting China's popular coastal province of Hainan.  With increasing government support and business investment, there are now EV charging facilities across China that are encouraging more people to rent and purchase EVs."

SPI Energy closed its investment of RMB30 million for a 60% stake in Yiwei in January 2016 and is leveraging its Solarbao.com platform to help Yiwei expand its existing fleet of EVs and EV chargers in China. Users can book the EVs through Yiwei's website or mobile app.

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:

Amy Liu
US cell: (800) 548 8767

SOURCE Solar Power, Inc.

SHANGHAI, Jan. 20, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Mr. Charles Sheung Wai Chan has been appointed as a new independent director, effective January 19, 2016.

The Board of Directors also elected the members of its newly established Board Committees. Charles Sheung Wai Chan was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Audit Committee. Xiaofeng Peng was elected as chairman and Charles Sheung Wai Chan and Jeffrey Yunan Ren as members of the Compensation Committee. Xiaofeng Peng was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Nominating and Corporate Governance Committee.

"We are pleased to welcome Mr. Chan to our Board of Directors, a highly seasoned finance, audit and capital markets veteran with extensive board level experience," said Xiaofeng Peng, Chairman of SPI Energy. "The appointment of Mr. Chan and the establishment of the Board Committees reflects our strong commitment to corporate governance as we commence trading on the Nasdaq Global Select Market."

Mr. Chan joined Arthur Andersen Canada in 1977 and was admitted to the AA Worldwide Partnership in 1988. Transferred to Arthur Andersen Hong Kong/China in 1994, Mr. Chan was Head of Audit and Business Advisory Service for Greater China. After Arthur Andersen merged with PricewaterhouseCoopers, or PwC, in 2002, Mr. Chan assumed management positions at PwC, including as a partner and as a member of various committees. He has served as a member of professional, government and regulatory committees, including the Hong Kong Stock Exchange Listing Committee, the Selection Committee for the first Legislative Council of the Hong Kong SAR and the Hong Kong Society of Certified Public Accountants. For the Hong Kong Society of Certified Public Accountants, he served as a member of its council, accounting standards committee and auditing standards committee, and was chairman of its China technical committee. Mr. Chan retired from PwC on June 30, 2012.

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 SPI Energy

SHANGHAI, Jan. 19, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, began trading today on the Nasdaq Global Select Market under the ticker symbol "SPI". Chairman Xiaofeng Peng, accompanied by members of SPI Energy's leadership team, joined with employees, partners and investors to ring the opening bell at Nasdaq MarketSite in New York City to mark the occasion.

SPI Energy was founded in California in 2006 as a PV solution provider specializing in solar power projects. It now maintains global operations in five major markets including North America, Europe, China, Japan and Australia. In January 2015, SPI Energy moved its operating headquarters to Shanghai and began its transition to a green energy Internet company with the launch of Solarbao.com, an innovative e-commerce and investment platform. SPI Energy's mission is to connect people to create a greener world.

"We are excited to celebrate this milestone with our employees, partners and investors as we embark on our next chapter together," said Xiaofeng Peng, Chairman of SPI Energy. "Solarbao.com is transforming the way people participate in the green economy and is helping to resolve environmental and air quality issues in China. It is creating a closed-loop solar energy ecosystem from power generation and power storage to power efficiency management in a way that has never been done before."

Click here to view SPI Energy's bell ringing at Nasdaq and here to obtain a high-resolution photograph of the Market Open.

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

Photo - http://photos.prnewswire.com/prnh/20160119/323548  
Photo - http://photos.prnewswire.com/prnh/20160119/323547  
Photo - http://photos.prnewswire.com/prnh/20160119/323546

SOURCE SPI Energy Co., Ltd.