Solar Power Inc. (SOPW) 1.1300 $SOPW
SPI Solar Announces Developments in the Solar PV Market in Hawaii
Business Wire - Tue Sep 16, 3:36PM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced it has entered into an agreement to acquire certain assets relating to current SPI solar PV projects in Hawaii. Under the terms of the agreement, SPI will acquire Hawaiian Power, LLC's ("HPL's" equity interests and debt related to an SPI and HPL joint venture to develop and operate solar PV projects in Hawaii. As a result of the transaction, SPI will own a 100% interest in an entity that currently has approximately 15.0 megawatts ("MW" under development in Hawaii. The aggregate purchase price for the assets is $3.95 million consisting of 3,000,000 SPI Solar shares of common stock valued at $1.15 per share, subject to adjustment, and $0.5 million in cash, with closing expected in September 2014.
SPI Announces Agreement to Acquire 26.57 Megawatts of Solar PV Projects in Greece
Business Wire - Tue Sep 09, 3:00PM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into an agreement to acquire Sinsin Renewable Investment Limited ("SRIL" , a limited liability company registered in Malta. SRIL is involved in the development, acquisition, management and operation of energy solutions, and owns solar photovoltaic ("PV" projects in Greece with an annual nameplate capacity of 26.57 megawatts ("MW" . Under the terms of the agreement, SPI's subsidiary, SPI China (HK) Limited, will acquire all of the outstanding capital stock of SRIL from Sinsin Europe Solar Asset and Sinsin Solar Capital (collectively "Sinsin" for an aggregate purchase price of 70,600,000 Euros (U.S. $91,780,000) using a mixture of cash and SPI shares, including $27.5 million in SPI shares at $0.72 a share, with closing expected in September 2014.
SPI Acquires Right to Develop and Operate 30.5 Megawatts of Solar PV Projects in the UK
Business Wire - Thu Sep 04, 3:00PM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into an agreement with a London-based global renewables developer (the "Developer" , to acquire the Developer's right to develop, finance, construct, own and operate two solar PV projects in the United Kingdom ("UK" .
SPI Solar Subsidiary Announces EPC Agreement for 30 Megawatt Photovoltaic (PV) Project in Ningxia, China
Business Wire - Thu Aug 28, 7:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has entered into an engineering, procurement and construction ("EPC" agreement with Zhongwei Hengji Weiye Photovoltaic Power Co., Ltd. for the construction of a 30 megawatt project (MW) in Zhongwei City, Ningxia Hui Autonomous Region, China.
SPI Solar Subsidiary Announces Preliminary Approval to Develop 10 Megawatt Photovoltaic (PV) Project in Shandong Province, China
Business Wire - Tue Aug 26, 9:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has received preliminary approval from the local government of LiaoCheng City to develop a PV project totaling approximately 10 megawatts (MW), in Shandong Province, China.
SPI Solar Announces Second-Quarter 2014 Financial Results
Business Wire - Tue Aug 19, 3:46PM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic (PV) solar developer, today announced its results for the second quarter ended June 30, 2014.
SPI Solar Announces Conversion of Convertible Bond
Business Wire - Wed Aug 06, 7:31AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced the conversion of the convertible bond portion held by Robust Elite Limited of the company's previously announced private placement of common stock and convertible bond for an aggregate $21.75 million, as announced on May 6, 2014 and completed on July 15, 2014.
SPI Solar Announces Joint Venture Agreement with WIRCON GmbH to Develop Solar PV Projects in the UK
Business Wire - Tue Aug 05, 7:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into a joint venture agreement with WIRCON GmbH ("WIRCON" , a Germany-based diversified renewable energy company, to develop solar PV projects in the United Kingdom.
SPI Solar Announces Entering Into Purchase Agreement For $25-Million Private Placement
Business Wire - Tue Jul 29, 9:00AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into a definitive purchase agreement for the sale of $25 million of common stock in a private placement. When received, the company intends to use the net proceeds from the sale of the shares for expansion of its global PV project activities, continued investment in ramping its YES! Solar solution for the residential and small business segments, for working capital purposes and to pay down debt.
SPI Solar Subsidiary Announces Agreements for Sale and Transfer of 50 Megawatt Photovoltaic (PV) Project in Fenyi County, China and Proposed Construction of 21 Megawatt Project in Jiangxi Province, China
Business Wire - Tue Jul 22, 7:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has entered into two new PV project-related agreements. The first agreement calls for the sale and transfer of a 50 MW project in Fenyi County, China -- announced on July 2, 2014 -- which Xinwei would begin building and developing as one of the largest utility-scale PV projects in Jiangxi Province. This project has now been sold to Xinyu Zhongzhi Guoxiang New Energy Electric Power Investment Development Co., Ltd., and Xinwei will continue to build and develop the project toward completion as planned.
SPI Solar Announces Completion of $21.75 Million Private Placement
Business Wire - Tue Jul 15, 8:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic solar developer, today announced the completion of its private placement of common stock and convertible bond for an aggregate $21.75 million, as announced on May 6, 2014 and amended on June 3, 2014. Net proceeds are expected to be used for working capital purposes and to pay down debt, while improving SPI Solar's operational flexibility.
SPI Solar to Exhibit at Intersolar North America 2014
Business Wire - Wed Jul 02, 9:35AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic (PV) solar developer, today announced that the company will exhibit at the Intersolar North America 2014 conference and tradeshow in San Francisco, California. SPI will showcase its innovative offering of Yes!(R) Solar residential PV systems and turnkey business solution for qualified professional installers. Yes!(R) Solar provides a complete PV solar business solution through a single source for its dealer/installers, including system financing to enable faster time-to-money and a path to profitability. By design, Yes!(R) Solar systems allow for quick and simple high-quality installations. The turnkey solution allows dealers to quickly enter the rapidly growing U.S. residential solar business with low-cost, high-quality PV solar solutions that provide homeowners and small- to medium-sized businesses across the United States relief from rising electrical rates. "We are very pleased with the Yes!(R) Solar systems and business solution offering we have put in play for our dealers," said Steve Kircher, Chief Strategy Officer for SPI Solar. "It provides them, as well as the homeowners and small business owners they serve with the means to quickly take advantage of solar and the long-term financial benefits it has to offer."
SPI Solar Subsidiary Announces Agreement to Build and Develop 50 Megawatt Photovoltaic (PV) Project in Fenyi County, China
Business Wire - Wed Jul 02, 9:30AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has signed an agreement with the government of Fenyi County (Jiangxi Province, People's Republic of China) to build and develop a 50 megawatt (MW) photovoltaic (PV) project in Yangqiao, Fenyi County. Once completed, the 50 MW project is expected to be one of the largest utility-scale PV projects in Jiangxi Province.
SPI Solar and KDC Solar Announce Joint Ownership of Mountain Creek Project
Business Wire - Fri Feb 21, 8:30AM CST
SPI Solar ("SPI" (SOPW:OTCBB), a vertically-integrated photovoltaic ("PV" solar developer, and privately held KDC Solar, based in Bedminster, NJ, together announced their agreement to jointly develop and own the Mountain Creek solar project in Vernon, New Jersey. The agreement, which also entails project administration requirements, enables both companies to move forward in completing the project, which calls for the design, development and build-out of multiple solar energy facilities at the Mountain Creek Resort in Vernon, New Jersey.
SPI Solar Successfully Delivers EPC Loan Payment of $28.5-Million to China Development Bank
Business Wire - Wed Jan 08, 9:59AM CST
--*Creates Pathway Toward Funding for other Projects in North America
SPI Solar Appoints Charlotte Xi President And Global Chief Operating Officer
Business Wire - Tue Sep 10, 11:00AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced the appointment of Charlotte Xi as president and global chief operating officer, in addition to her current role as interim chief financial officer. Following her decision to step in quickly as interim chief financial officer, the board has now finalized the scope of Xi's executive responsibilities. During this transition, the company is in the process of conducting a search for a new chief financial officer.
SPI Solar Appoints Charlotte Xi Interim Chief Financial Officer
Business Wire - Fri Sep 06, 6:00AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced the appointment of Charlotte Xi as interim chief financial officer. This appointment follows Jim Pekarsky's decision to resign as SPI's chief financial officer effective September 13, 2013 in order to join an undisclosed private company as chief executive officer.
SPI Solar Announces Strategic Initiatives
Business Wire - Tue Aug 20, 6:00AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced that after a thorough review of business and construction financing conditions in the solar industry that have impacted SPI, the management team and board of directors have determined that it is in the company's best interest to more closely align its business operations with LDK Solar (NYSE:LDK), its parent company. As part of this realignment, the company plans to expand its project business in China while continuing operations in North America and Europe.
SPI Solar Announces First-Quarter 2013 Financial Results
Business Wire - Mon May 20, 8:00AM CDT
SPI Solar ("SPI" (SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced its results for the first quarter ended March 31, 2013.
SPI Solar Announces Developments in the Solar PV Market in Hawaii
Business Wire - Tue Sep 16, 3:36PM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced it has entered into an agreement to acquire certain assets relating to current SPI solar PV projects in Hawaii. Under the terms of the agreement, SPI will acquire Hawaiian Power, LLC's ("HPL's" equity interests and debt related to an SPI and HPL joint venture to develop and operate solar PV projects in Hawaii. As a result of the transaction, SPI will own a 100% interest in an entity that currently has approximately 15.0 megawatts ("MW" under development in Hawaii. The aggregate purchase price for the assets is $3.95 million consisting of 3,000,000 SPI Solar shares of common stock valued at $1.15 per share, subject to adjustment, and $0.5 million in cash, with closing expected in September 2014. SPI Announces Agreement to Acquire 26.57 Megawatts of Solar PV Projects in Greece
Business Wire - Tue Sep 09, 3:00PM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into an agreement to acquire Sinsin Renewable Investment Limited ("SRIL" , a limited liability company registered in Malta. SRIL is involved in the development, acquisition, management and operation of energy solutions, and owns solar photovoltaic ("PV" projects in Greece with an annual nameplate capacity of 26.57 megawatts ("MW" . Under the terms of the agreement, SPI's subsidiary, SPI China (HK) Limited, will acquire all of the outstanding capital stock of SRIL from Sinsin Europe Solar Asset and Sinsin Solar Capital (collectively "Sinsin" for an aggregate purchase price of 70,600,000 Euros (U.S. $91,780,000) using a mixture of cash and SPI shares, including $27.5 million in SPI shares at $0.72 a share, with closing expected in September 2014. SPI Acquires Right to Develop and Operate 30.5 Megawatts of Solar PV Projects in the UK
Business Wire - Thu Sep 04, 3:00PM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into an agreement with a London-based global renewables developer (the "Developer" , to acquire the Developer's right to develop, finance, construct, own and operate two solar PV projects in the United Kingdom ("UK" . SPI Solar Subsidiary Announces EPC Agreement for 30 Megawatt Photovoltaic (PV) Project in Ningxia, China
Business Wire - Thu Aug 28, 7:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has entered into an engineering, procurement and construction ("EPC" agreement with Zhongwei Hengji Weiye Photovoltaic Power Co., Ltd. for the construction of a 30 megawatt project (MW) in Zhongwei City, Ningxia Hui Autonomous Region, China. SPI Solar Subsidiary Announces Preliminary Approval to Develop 10 Megawatt Photovoltaic (PV) Project in Shandong Province, China
Business Wire - Tue Aug 26, 9:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has received preliminary approval from the local government of LiaoCheng City to develop a PV project totaling approximately 10 megawatts (MW), in Shandong Province, China. SPI Solar Announces Second-Quarter 2014 Financial Results
Business Wire - Tue Aug 19, 3:46PM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic (PV) solar developer, today announced its results for the second quarter ended June 30, 2014. SPI Solar Announces Conversion of Convertible Bond
Business Wire - Wed Aug 06, 7:31AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced the conversion of the convertible bond portion held by Robust Elite Limited of the company's previously announced private placement of common stock and convertible bond for an aggregate $21.75 million, as announced on May 6, 2014 and completed on July 15, 2014. SPI Solar Announces Joint Venture Agreement with WIRCON GmbH to Develop Solar PV Projects in the UK
Business Wire - Tue Aug 05, 7:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into a joint venture agreement with WIRCON GmbH ("WIRCON" , a Germany-based diversified renewable energy company, to develop solar PV projects in the United Kingdom. SPI Solar Announces Entering Into Purchase Agreement For $25-Million Private Placement
Business Wire - Tue Jul 29, 9:00AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that it has entered into a definitive purchase agreement for the sale of $25 million of common stock in a private placement. When received, the company intends to use the net proceeds from the sale of the shares for expansion of its global PV project activities, continued investment in ramping its YES! Solar solution for the residential and small business segments, for working capital purposes and to pay down debt. SPI Solar Subsidiary Announces Agreements for Sale and Transfer of 50 Megawatt Photovoltaic (PV) Project in Fenyi County, China and Proposed Construction of 21 Megawatt Project in Jiangxi Province, China
Business Wire - Tue Jul 22, 7:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has entered into two new PV project-related agreements. The first agreement calls for the sale and transfer of a 50 MW project in Fenyi County, China -- announced on July 2, 2014 -- which Xinwei would begin building and developing as one of the largest utility-scale PV projects in Jiangxi Province. This project has now been sold to Xinyu Zhongzhi Guoxiang New Energy Electric Power Investment Development Co., Ltd., and Xinwei will continue to build and develop the project toward completion as planned. SPI Solar Announces Completion of $21.75 Million Private Placement
Business Wire - Tue Jul 15, 8:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic solar developer, today announced the completion of its private placement of common stock and convertible bond for an aggregate $21.75 million, as announced on May 6, 2014 and amended on June 3, 2014. Net proceeds are expected to be used for working capital purposes and to pay down debt, while improving SPI Solar's operational flexibility. SPI Solar to Exhibit at Intersolar North America 2014
Business Wire - Wed Jul 02, 9:35AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic (PV) solar developer, today announced that the company will exhibit at the Intersolar North America 2014 conference and tradeshow in San Francisco, California. SPI will showcase its innovative offering of Yes!(R) Solar residential PV systems and turnkey business solution for qualified professional installers. Yes!(R) Solar provides a complete PV solar business solution through a single source for its dealer/installers, including system financing to enable faster time-to-money and a path to profitability. By design, Yes!(R) Solar systems allow for quick and simple high-quality installations. The turnkey solution allows dealers to quickly enter the rapidly growing U.S. residential solar business with low-cost, high-quality PV solar solutions that provide homeowners and small- to medium-sized businesses across the United States relief from rising electrical rates. "We are very pleased with the Yes!(R) Solar systems and business solution offering we have put in play for our dealers," said Steve Kircher, Chief Strategy Officer for SPI Solar. "It provides them, as well as the homeowners and small business owners they serve with the means to quickly take advantage of solar and the long-term financial benefits it has to offer." SPI Solar Subsidiary Announces Agreement to Build and Develop 50 Megawatt Photovoltaic (PV) Project in Fenyi County, China
Business Wire - Wed Jul 02, 9:30AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy Co., Ltd. ("Xinwei" , has signed an agreement with the government of Fenyi County (Jiangxi Province, People's Republic of China) to build and develop a 50 megawatt (MW) photovoltaic (PV) project in Yangqiao, Fenyi County. Once completed, the 50 MW project is expected to be one of the largest utility-scale PV projects in Jiangxi Province. SPI Solar and KDC Solar Announce Joint Ownership of Mountain Creek Project
Business Wire - Fri Feb 21, 8:30AM CST
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically-integrated photovoltaic ("PV" solar developer, and privately held KDC Solar, based in Bedminster, NJ, together announced their agreement to jointly develop and own the Mountain Creek solar project in Vernon, New Jersey. The agreement, which also entails project administration requirements, enables both companies to move forward in completing the project, which calls for the design, development and build-out of multiple solar energy facilities at the Mountain Creek Resort in Vernon, New Jersey. SPI Solar Successfully Delivers EPC Loan Payment of $28.5-Million to China Development Bank
Business Wire - Wed Jan 08, 9:59AM CST
--*Creates Pathway Toward Funding for other Projects in North America
SPI Solar Appoints Charlotte Xi President And Global Chief Operating Officer
Business Wire - Tue Sep 10, 11:00AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced the appointment of Charlotte Xi as president and global chief operating officer, in addition to her current role as interim chief financial officer. Following her decision to step in quickly as interim chief financial officer, the board has now finalized the scope of Xi's executive responsibilities. During this transition, the company is in the process of conducting a search for a new chief financial officer. SPI Solar Appoints Charlotte Xi Interim Chief Financial Officer
Business Wire - Fri Sep 06, 6:00AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced the appointment of Charlotte Xi as interim chief financial officer. This appointment follows Jim Pekarsky's decision to resign as SPI's chief financial officer effective September 13, 2013 in order to join an undisclosed private company as chief executive officer. SPI Solar Announces Strategic Initiatives
Business Wire - Tue Aug 20, 6:00AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced that after a thorough review of business and construction financing conditions in the solar industry that have impacted SPI, the management team and board of directors have determined that it is in the company's best interest to more closely align its business operations with LDK Solar (NYSE:LDK), its parent company. As part of this realignment, the company plans to expand its project business in China while continuing operations in North America and Europe. SPI Solar Announces First-Quarter 2013 Financial Results
Business Wire - Mon May 20, 8:00AM CDT
SPI Solar ("SPI"
(SOPW:OTCBB), a vertically integrated photovoltaic ("PV" solar developer, today announced its results for the first quarter ended March 31, 2013. 
