2022-08-18 | NDAQ:SPI | Press release

MCCLELLAN PARK, CA /ACCESSWIRE/August 18, 2022/ SPI Energy Co., Ltd., (NASDAQ: SPI) (the “Company”), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for businesses, individuals, governments , logistics and utilities, today announced that Solar4America (“S4A”), a solar module manufacturing company and wholly owned subsidiary of SPI Energy, will be attending The Energy Expo 2022 at the Miami Airport Convention Center on August 24 and 25.

“We are very happy to participate in this year’s Energy Expo 2022,” said Xiaofeng Denton Peng, Chairman of S4A and CEO of SPI Energy. “We’ll be showcasing made-in-the-USA solar panels that we can ship to distributors or installers anywhere in the country.”

The Solar4America module fab is currently starting pilot production in Q2 2022 and delivering to customers and will increase capacity to 1.2 GW by 2023 and 2.4 GW in 2024.

Currently, S4A has storage and generation capacities planned for 2023 on a range of modules including 330W and 410W all-black panels for the residential market and 410W and 550W solar panels for the commercial market. The generation capacity plans also include CEC-listed Solar4America-branded energy storage systems that are fully funded and approved for the residential market.

“Our California production facility will ensure that our customers receive consistent, high-quality American products that they can deliver to their customers,” said Xiaofeng Denton Peng. “Showcasing these products at Energy Expo highlights the broader clean energy revolution happening in today’s marketplace and brings more stable supplies of American-made products to market.”

Solar4America will have experts available at booth 218 to answer questions and provide information.

About Energy Expo 2022

Energy Expo 2022 targets large markets in the United States, Latin America and the Caribbean for solar and alternative energy solutions. The show connects manufacturers and distributors with buyers, professionals, resellers, municipalities, contractors, installers and potential representatives of this market. For more information about the exhibition, please visit https://www.theenergyexpo.com/.

About SPI Energy

SPI Energy Co., Ltd. (NASDAQ: SPI) is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions founded in 2006 in Roseville, California, and headquartered in McClellan Park, California. California.

The company has three main divisions: solar energy wholesale distribution SolarJuice, residential solar and rooftop installation and solar module manufacturing, commercial and utility solar division SPI Solar and Orange Power, and EdisonFuture/Phoenix division. Motor EV. SolarJuice is the leader in renewable energy system solutions for the residential and commercial markets and has extensive operations in the Asia-Pacific and North American markets. The commercial and utility solar division provides a full range of EPC services to third-party project developers, and develops, owns and operates solar projects that sell electricity to the grid in several regions, including the United States, the United Kingdom United and Europe. Phoenix Motor is a leader in medium-duty commercial electric vehicles and develops electric vehicle charger solutions, electric pickup trucks, electric forklifts and other electric vehicle products.

SPI maintains global operations in North America, Australia, Asia and Europe and also targets strategic investment opportunities in fast-growing green industries such as battery storage, charging stations and other vehicles that leverage the company’s expertise and substantial solar cash flow.

For more information about SPI Energy and its subsidiaries, the Company recommends that shareholders, investors and any other interested party read the Company’s public documents and press releases available in the Investor Relations section at address www.SPIgroups.com or available on www.sec.gov.

Forward-looking statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified by the use of words such as “may”, “could”, “will”, “intend”, “should”, “could”, “may”, “should”, “continue”, “expect”, “believe”, “anticipate”, “estimate”, “predict”, “prospects”, “potential”, “plan”, “seek” and similar expressions and variations or the negatives of these terms or other comparable terms terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the company’s current expectations and speak only as of the date of this release. Actual results may differ materially from the Company’s current expectations depending on a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors, including , but not limited to, pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing growth of the business and the other risks and uncertainties described in the “Risk Factors” section of the company’s annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company assumes no responsibility to revise or update forward-looking statements.


SPI Energy Co., Ltd.

RI Department

Email: ir@spigroups.com

THE SOURCE: SPI Energy Co., Ltd.

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