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
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SOURCE SPI Energy