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    SPI Energy Co., Ltd. Announces Successful Grid Connection of a 3.28 Megawatts DG project in Suqian, Jiangsu Province

    HONG KONG, June 30, 2017 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ:SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced successful grid connection of 3.28 megawatts DG project (the “Project”) in Suqian, Jiangsu Province.

    As previously announced on February 15, 2017, Xinwei Intelligent Power (Suzhou) Co. Ltd., a wholly owned subsidiary of the Company, entered into a binding agreement with BOE Technology Group Co., Ltd. to provide engineering, procurement and construction (EPC) services. As of today, the Project has successfully commissioned grid connection.

    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 EPC/BT, storage and O2O PV market including the development, financing, installation, operation and sale of utility-scale and residential PV 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 Hong Kong and maintains global operations in Asia, Europe, North America and Australia. For additional information, please visit: www.spisolar.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.

    For investors and media inquiries please contact:
    
    SPI Energy Co., Ltd.
    IR Department
    Email: ir@spisolar.com

    SPI Energy Co., Ltd.