SPI Energy Announces the Appointment of Dr. Dallas Meyer as CTO of Solar4America

SANTA CLARA, CA / ACCESSWIRE / May 31, 2021 / SPI Energy Co., Ltd. (‘SPI Energy’ or the ‘Company’) (NASDAQ: SPI), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions to businesses, homes, government, logistics and customers and investors of utilities announced today that Solar4America, a subsidiary of the subsidiary of SolarJuice Co., Ltd. (‘SolarJuice’) and one of the leading solar and roofing installers in the US, Dallas W. Meyer, Ph.D., has appointed. as new Chief Technology Officer.

Dr. Meyer is the founder of Luxxtor Energy, a start-up developing new solar panel technology. He has held senior technical and operational leadership positions in leading solar, data storage and systems, optical communications components, compound semi-factories and 3D sensing businesses including TenKsolar, Seagate, WD, Finisar / II-VI and Lumentum. as developed multiple greenfield manufacturing facilities in USA, China, Taiwan and Southeast Asia. Dr. Meyer has a Ph.D. in materials science, mechanics and mathematics from the University of Wisconsin-Madison.

Dr. Meyer has vast experience scaling complex high volume technical products worldwide, ”said Xiaofeng Peng, SPI Energy Chairman and CEO. “We are delighted to welcome him to Solar4America, where he will lead our technology development.”

According to the Solar Energy Industries Association, 19.2 gigawatts (GW) of solar PV capacity was installed in the US in 2020, reaching a total installed power of 97.7 GW, enough to power 17.7 million US homes. to provide. Solar energy accounted for 43% of all new electricity generation capacity added in the US in 2020, representing the largest share of solar energy ever in new generation capacity, ranking first among all technologies for the second year in a row. The U.S. solar industry is expected to install more than 324 GW of capacity over the next 10 years, quadrupling the current amount of solar power installed.

About SPI Energy

SPI Energy Co., Ltd. (SPI) is a global renewable energy company and provider of solar energy storage and electric vehicles (EV) solutions for businesses, homes, governments, logistics and utilities and investors. The company provides a full spectrum of EPC services to third-party developers and develops, owns and operates solar energy projects that sell electricity to the grid in multiple countries, including the US, UK, Greece, Japan and Italy. The company is headquartered in Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia. SPI also focuses on strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the company’s expertise and growing cash flow from solar energy projects and funding the development of projects in agriculture and other markets with significant growth potential.

About SolarJuice

SolarJuice Co., Ltd. (‘SolarJuice’) is the leader in renewable energy system solutions for residential and small commercial markets. Founded in 2009, the company is headquartered in Sydney, Australia and provides a total solution for solar panels, inverters and battery systems. Since its inception, the company has served more than 3,000 B2B accounts and 400 customers. SolarJuice also plans to grow its supply chain, improve its technology platform, and expand its product supply in the Asia-Pacific and North American markets. The recent acquisition of Solar4America, one of the leading solar and roofing installers in the United States, will enable the company to serve more customers in the growing markets of California, Nevada, Texas, Florida and Colorado. With more than a million solar systems and roofs under its belt, the Pleasanton, CA-based company now employs hundreds of installers and operates in five states: California, Florida, Nevada, Colorado, and Texas.

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 by the use of words such as may, ” would, ” will ‘,’ intend ‘,’ would ‘,’ could ‘,’ could ‘,’ would ‘,’ continue ‘, expect, “believe”, “anticipate”, “estimate”, “predict”, “prospects”, “potential”, “plans”, “seek” and similar expressions and variations or the negatives of these terms or other similar 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 press release. Actual results could differ materially from the company’s current expectations, depending on a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and the related measures taken, adverse changes in general economic and market conditions, competitive factors including but not limited to price pressures and the introduction of new products, uncertainty about the customer’s acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties described in the “ Risk Factors ” section of the company’s annual report filed on form 20-F filed with the Securities and Exchange Commission. Except as required by law, the company assumes no responsibility to revise or update forward-looking statements.

SPI Energy Co., Ltd. Contact:
IR department
ir@spigroups.com
Dave Gentry
RedChipCompanies, Inc.
Phone: (407) 491-4498
dave@redchip.com

SOURCE: SPI Energy Co., Ltd.

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