SPY366.79+0.77 0.21%
DIA299.18+0.74 0.25%
IXIC12,349.37-5.74 -0.05%

SPI Energy Completed Sale of 1.015-Megawatt Solar Project in Maui, Hawaii

SPI Energy Co., Ltd., (NASDAQ: SPI) today announced that its wholly-owned SPI Solar, Inc. ("SPI Solar") subsidiary completed the sale of a 1.015 megawatt ("MW") solar project located on Hawaii's Maui island. The solar project actively sells the clean electricity it generates to the Hawaiian Electric Company.

· 11/19/2020 05:48
SPI Energy Co., Ltd., (NASDAQ:SPI) today announced that its wholly-owned SPI Solar, Inc. ("SPI Solar") subsidiary completed the sale of a 1.015 megawatt ("MW") solar project located on Hawaii's Maui island. The solar project actively sells the clean electricity it generates to the Hawaiian Electric Company. "The successful development and sale of this solar project on Maui further showcases our commitment to the state of Hawaii as this is the fifth project completed on the island and thirteenth ground-mounted utility solar project completed in Hawaii by SPI," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "We are delighted to contribute to the State of Hawaii's goals of reaching 100% renewable energy by 2045 and will look to continue to expand our developments in other regions of the US as well as globally." Under the Hawaii Clean Energy Initiative, Hawaii is working to become the nation's first-ever 100% renewable energy portfolio. The Hawaii Clean Energy Initiative is a partnership between the State of Hawaii and the U.S. Department of Energy that launched in 2008. It brings together business leaders, policy makers, and concerned citizens committed to leading Hawaii to energy independence.