Monday, January 25, 2021 12:46:11 PM
SPI Energy Announced Start of Construction of Solar Plant in Oahu, Hawaii
Mentioned: SPI
SPI Energy Co., Ltd. ("SPI Energy" or the "Company"), 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 and investors, today announced that it, through its wholly owned subsidiary, SPI Solar, Inc. ("SPI Solar"), has started the construction of the 712kW Oahu 101-1 solar carport project. The project is located on the island of Oahu in Hawaii and will sell clean electricity to the Hawaiian Electric Company once completed.
"The start of construction of the Oahu 101-1 solar carport project is an important milestone for our Orange Power subsidiary, which is focused on owning and operating solar projects in the US.," said Xiaofeng Peng, Chairman and CEO of SPI Energy. "We are excited to take this next step in growing our solar asset base in the US through project ownership."
Under the Hawaii Clean Energy Initiative, the state 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.
With the US re-entering the Paris Climate Agreement, new legislation is expected in the coming months to further the development of renewable energy to help keep average global temperatures from rising no more than 2 degrees Celsius, and preferably less than 1.5 degrees Celsius by 2100, compared to pre-industrial times.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Recent SPI News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 08:30:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 09:00:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:00:09 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/18/2023 09:21:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 10:29:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 04:42:55 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/09/2023 09:30:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:15:32 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/01/2023 09:09:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 09:00:11 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM