SHANGHAI, June 8, 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
formed a strategic partnership with General Energy Solutions Inc.
("GES"), a global solar energy company headquartered in
Taiwan. Under the partnership
agreement, SPI Energy's wholly owned Japanese subsidiary, SPI Solar
Japan G.K. ("SPI Japan"), will provide local technical support and
sales services to GES and deliver more than 15 megawatts
("MW") of project sales in 2016 and 5MW in 2017.
"This agreement marks an exciting milestone for our business in
Japan and the beginning of a
long-term strategic collaboration with GES," said
Xiaofeng Peng, Chairman and CEO of SPI Energy. "SPI Japan has
become a market leader in the development, financing, installation,
operation and sale of utility-scale and residential solar power
projects. As one of SPI Energy's core markets, we are delighted to
deepen our presence in Japan and
further support the development of the local clean energy
industry."
SPI Japan was established in September
2014 to capture the growing demand for solar energy projects
in the world's third-largest PV market. In July 2015, the Japanese government confirmed that
renewable energy must constitute a significant part of Japan's long-term energy plan, with the goal
of 22–24% of Japan's energy
sources in 2030 being renewable 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 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
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SOURCE SPI Energy