SPI's Solar4America Showing American-Made Solar Modules at RE+ Northern California 2023

MCCLELLAN PARK, CA / ACCESSWIRE / March 28, 2023 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the "Company"), a global renewable energy company and provider of solar, storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers today announced that its wholly owned subsidiary, Solar4America Technology, a Sacramento, Calif. based solar module manufacturing company, is participating in RE+ Northern California located at SAFE Credit Union Convention Center in Sacramento, March 28-29.

"We are thrilled to exhibit at the RE+ Northern California 2023 conference this week," said Denton Peng, Chairman of Solar4America. "We will showcase our 410W residential solar module and the 550W bifacial solar module designed for commercial, industrial, and utility markets. Both are manufactured at our factory in Sacramento, just a quick drive away from the Convention Center. We can deliver to customers anywhere in the nation from our factory."

The Solar4America module factory in Sacramento produces approximately 700 MW annually with capacity ramping up to 2.4 GW in 2023.

Currently, S4A has production capacities for 2023 on an array of modules including 330W/60 cells and 410W/72 cells, 410W/108 half cut cells all black panels for the residential market and 410W/72 cells (silver) and 550W bifacial solar panels for commercial, industrial, and utility markets.

RE+ Northern California is the largest forum for professionals dedicated to the integration of solar, storage, and additional renewable energy assets like wind energy and electric vehicle infrastructure in the region.

Solar4America's experts are looking forward to meeting solar industry professionals at our booth #208, and are pleased to schedule the factory tours during the conference.

About SPI Energy

SPI Energy Co., Ltd. (NASDAQ: SPI) is a global renewable energy company and provider of solar, storage and electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California.

The company has three core divisions: SolarJuice which has solar wholesale distribution in Australia, as well as residential solar and roofing installation and solar module manufacturing. SPI Solar and Orange Power which operates a commercial & utility solar division, and the EdisonFuture/Phoenix Motor EV division. SolarJuice is the leader in renewable energy system solutions for residential and small commercial markets and has extensive operations in the Asia Pacific and North America markets. The SPI Solar commercial & utility solar division provides a full spectrum of EPC services to third party project developers, and develops, owns and operates solar projects that sell electricity to the grid in multiple regions, including the U.S., U.K., and Europe. Phoenix Motor is a leader in medium-duty commercial electric vehicles, and is developing EV charger solutions, electric pickup trucks, electric forklifts, and other EV products.

SPI maintains global operations in North America, Australia, Asia and Europe and is also targeting strategic investment opportunities in fast growing green energy industries such as battery storage, charging stations, and other EVs which leverage the Company's expertise and substantial solar cash flow.

For more information on SPI Energy and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company's public filings and press releases available under the Investor Relations section at www.SPIgroups.com or available at www.sec.gov.

Forward-Looking Statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's current expectations and speak only as of the date of this release. Actual results may differ materially from the Company's current expectations depending upon a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company's annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.

Contact:

SPI Energy Co., Ltd.
IR Department
Email: ir@spigroups.com

Dave Gentry
RedChip Companies, Inc.
Phone:(407) 491-4498
SPI@redchip.com

SOURCE: SPI Energy Co., Ltd.