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SPI Energy Co., Ltd. Receives 2016 CREC "Shine Cup" Award at the 8th Chinese Renewable Energy Conference & Exhibition


SHANGHAINov. 3, 2016 /PRNewswire/ -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors, today announced that Solarbao, the Company's e-commerce and finance leasing platform, was among the well-known clean energy enterprises that have been voted to receive the 2016 CREC "Shine Cup – Elite Power Plant Developers and Investors" Award (the "Shine Cup Award") at the 8th Chinese Renewable Energy Conference & Exhibition (the "CREC2016").

The Shine Cup Award, in its 5th year since 2012, is a premier industry award sponsored by the Shine Magazine, the first globally issued Chinese-English bilingual PV magazine supported by Chinese Academy of Social Sciences, and solarbe.com, one of the earliest and most influential PV medias in China. This year's Award Ceremony was held on November 2 in Wuxi City, Jiangsu Province in conjunction with the opening of the CREC2016. 

"As SPI Energy and Solarbao continues its award-winning streak in recent months, we are proud to be voted by the professional industry insiders and public to receive this prestigious industry Award. This also marked the second Shine Cup Award for SPI Energy and Solarbao, following last year's "Shine Cup – Innovative Business Model" Award. We view these awards as a strong encouragement to our innovation and contribution in advancing the distributed generation ("DG") solar market in China, where significant opportunities can be explored through our platform," said Xiaofeng Peng, Chairman and Chief Executive Officer of SPI Energy.

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 downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in ChinaJapanEurope 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 Shanghai and maintains global operations in AsiaEuropeNorth America and Australia.

For additional information, please visit: www.spisolar.comwww.solarbao.com or www.solartao.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:

Investor Relations Department
SPI Energy Co., Ltd.
pearl.peng@spisolar.com 
+86 21 8012 9135

Tony Tian, CFA
Weitian Group LLC
tony.tian@weitian-ir.com
+1 732 910 9692

SOURCE SPI Energy