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    SPI Energy Co., Ltd. Completes sales of 2.4 MW Solar Plant in Japan and Grid Connection

    HONG KONG and SANTA CLARA, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, today announced that its wholly owned subsidiary, SPI Solar Japan GK (“SPI Japan”), has completed a successful grid-connection and transfer of the “Shibayama 2” solar plant in Chiba prefecture, east of Tokyo, with capacity of 2.4 MW and an estimated total capacity of 3,100,000 kWh annually.  This project was planned as the 2nd half of a total 4.8 MW EPC (Engineering, Procurement and Construction) partnership with Kyocera, Japan.  The project has a 20 years FIT at 36 yen/kWh supply to Tokyo Electric Power Company, one of the largest electricity suppliers in Japan. 

    About SPI Energy Co., Ltd.

    SPI Energy Co., Ltd. is a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers. SPI Energy focuses on the EPC/BT, and storage markets including the development, financing, installation, operation and sale of utility-scale and residential PV projects in Japan, Europe and North America. The company operates a B2B E-Commerce platform offering a range of PV, storage products in Australia as well as a turnkey solution (umining.io) offering global crypto-mining training, sale, hosting and repair service. The Company has its operating headquarters in Hong Kong and Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia.

    For additional information, please visit: http://www.spigroups.com/investorrelations/overview

    For investors and media inquiries please contact:

    SPI Energy Co., Ltd.

    IR Department

    Email: ir@spigroups.com

    Source: SPI Energy Co., Ltd.

    SPI Energy Co., Ltd.

     

    SPI Energy Co., Ltd.