Solar Power, Inc. today announced that its operating headquarters has been relocated to Shanghai, China effective from January 14, 2015.
"This is an important strategic move for SPI which reflects the outstanding growth potential that we are seeing in China and internationally," said Mr. Xiaofeng Peng, Chairman of SPI. "China has already become the world's largest investor in renewable energy and the Chinese government has demonstrated its long-term commitment to developing clean and sustainable energy with solar power as a core component. We are confident that with SPI's strong portfolio and pipeline of PV projects and highly experienced management team operating globally, we are well positioned to benefit from this exciting growth."