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
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SOURCE Solar Power, Inc.