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    SPI Announces Appointment of New Chief Technology Officer

    Industry veteran with over twenty years' experience to help optimize SPI's Solarbao.com online investment platform

    PR Newswire
    SHANGHAI

    SHANGHAI, March 16, 2015 /PRNewswire/ -- Solar Power, Inc. ("SPI") (OTCBB:SOPW), a vertically-integrated photovoltaic ("PV") project developer, today announced that Mr. Yue Dong has joined SPI as Chief Technology Officer (CTO). Mr. Dong joins SPI from lvmama.com, one of China's largest B2C online travel agencies, where he served as CTO.

    Mr. Dong will focus on overseeing the technical operations and ongoing optimization of SPI's online investment platform, Solarbao.com, and providing technology support for SPI's solar power plant operations and maintenance (O&M) system. He will also lead SPI's initiatives in big data analysis for power efficiency optimization management.

    "I am delighted to welcome Yue to SPI's rapidly growing team of world-class senior executives," said Xiaofeng Peng, Chairman of SPI. "With over twenty years of experience as an IT executive at leading companies in both China and Silicon Valley, Yue is ideally positioned to take SPI's online strategy to the next level."

    Mr. Peng continued, "Our recently announced Solarbao.com online investment platform has already seen encouraging popularity among individual investors, and Yue will be a great asset as we continue to optimize this platform for new investment products and functionalities."

    Prior to joining SPI, Mr. Dong served as CTO at lvmama.com, one of China's largest B2C online travel agencies as well as CTO and senior vice president at lashou.com, a top Chinese group-buying site.

    About Solar Power, Inc. (OTCBB:SOPW)

    Solar Power, Inc. ("SPI" or the "Company") is a global leader in enabling photovoltaic ("PV") solutions for business, residential, government and utility customers and investors. SPI 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 also 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. The Company has its operating headquarters in Shanghai and global operations in Asia, Europe and North America.

    For additional information visit: www.spisolar.com or www.solarbao.com.

    Safe Harbor Statement

    This release contains certain "forward-looking statements" relating to the business of SPI, its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "expects" or similar expressions. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including uncertainties regarding whether the transactions contemplated will be successfully completed. All forward-looking statements are expressly qualified in their entirety by this cautionary statement and the risks and other factors detailed in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

    Contact:

    Amy Liu, Solar Power, Inc. (800) 548-8767

    SOURCE Solar Power, Inc.

    SOURCE: Solar Power, Inc.

    SPI Announces Appointment of New Chief Technology Officer

    Industry veteran with over twenty years' experience to help optimize SPI's Solarbao.com online investment platform

    PR Newswire

    SHANGHAI, March 16, 2015

    SHANGHAI, March 16, 2015 /PRNewswire/ -- Solar Power, Inc.  ("SPI") (OTCBB:SOPW), a vertically-integrated photovoltaic ("PV") project developer, today announced that Mr. Yue Dong has joined SPI as Chief Technology Officer (CTO). Mr. Dong joins SPI from lvmama.com, one of China's largest B2C online travel agencies, where he served as CTO.

    Mr. Dong will focus on overseeing the technical operations and ongoing optimization of SPI's online investment platform, Solarbao.com, and providing technology support for SPI's solar power plant operations and maintenance (O&M) system. He will also lead SPI's initiatives in big data analysis for power efficiency optimization management. 

    "I am delighted to welcome Yue to SPI's rapidly growing team of world-class senior executives," said Xiaofeng Peng, Chairman of SPI.  "With over twenty years of experience as an IT executive at leading companies in both China and Silicon Valley, Yue is ideally positioned to take SPI's online strategy to the next level."

    Mr. Peng continued, "Our recently announced Solarbao.com online investment platform has already seen encouraging popularity among individual investors, and Yue will be a great asset as we continue to optimize this platform for new investment products and functionalities."

    Prior to joining SPI, Mr. Dong served as CTO at lvmama.com, one of China's largest B2C online travel agencies as well as CTO and senior vice president at lashou.com, a top Chinese group-buying site.  

    About Solar Power, Inc. (OTCBB:SOPW)

    Solar Power, Inc. ("SPI" or the "Company") is a global leader in enabling photovoltaic ("PV") solutions for business, residential, government and utility customers and investors. SPI 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 also 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. The Company has its operating headquarters in Shanghai and global operations in Asia, Europe and North America.

    For additional information visit: www.spisolar.com or www.solarbao.com.

    Safe Harbor Statement

    This release contains certain "forward-looking statements" relating to the business of SPI, its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "expects" or similar expressions. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including uncertainties regarding whether the transactions contemplated will be successfully completed. All forward-looking statements are expressly qualified in their entirety by this cautionary statement and the risks and other factors detailed in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

    Contact:

    Amy Liu, Solar Power, Inc. (800) 548-8767

    SOURCE Solar Power, Inc.

    Web Site: http://www.solarbao.com/