SPI Solar Subsidiary Announces EPC Agreement for 30 Megawatt Solar PV Project in Inner Mongolia

ROSEVILLE, CA.—(eSolarEnergyNews)—SPI Solar, a vertically-integrated photovoltaic solar developer, today announced that its wholly-owned subsidiary, Xinyu Xinwei New Energy, has signed an engineering, procurement and construction agreement for a 30 megawatt  PV project in Alxa League, Inner Mongolia. The agreement with Alxa League ZhiWei PV Power Co., Ltd., marks SPI Solar’s second agreement for a PV project in the Inner Mongolia region announced this month. The project is scheduled to begin in October 2014, with completion and grid connection expected by the end of March 2015.

“We are pleased to have announced yet another EPC project in the Inner Mongolia region as we continue to establish a presence there while rapidly penetrating the market for solar across China overall,” said Xiaofeng Peng, Chairman of SPI. “We continue to see solid growth opportunities and are excited by our success thus far in this important market for SPI Solar.”

About Solar Power, Inc. (OTCBB: SOPW):

SPI Solar (“SPI”) (Solar Power, Inc.) is a vertically-integrated photovoltaic solar developer offering its own brand of high-quality, low-cost distributed generation and utility-scale solar energy facility development services. From project development, to project financing and to post-construction asset management, SPI delivers turnkey world-class photovoltaic solar energy facilities and turnkey residential solar solutions to its business, government and utility customers. For additional information visit: www.spisolar.com.