Solar Power : SPI's Solarbao.com Online Investment Platform Recognized as China's Most Innovative Internet Finance Brand
04/22/2015 | 05:11pm US/Eastern
By a News Reporter-Staff News Editor at Energy Weekly News -- Solar Power, Inc. ("SPI") (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV") developer, announced that its online investment platform, www.solarbao.com ("Solarbao.com") was named "Most Innovative Internet Finance Brand" by the China International E-commerce Association at the 2015 New Media Gateway Conference.
"We are honored to receive this recognition from the China International E-commerce Association," said Xiaofeng Peng, Chairman of SPI. "SPI launched our groundbreaking Solarbao.com investment platform in China early in 2015 to establish a new channel of financing for the solar industry. Since then Solarbao.com has seen strong acceptance by investors and has helped to promote growth and awareness of renewable energy in China. We look forward to expanding the scope of Solarbao's impact in the coming years."
SPI's Solarbao.com investment platform enables individual and institutional investors to purchase innovative capital leasing investment products designed to generate stable long-term returns. Through Solarbao.com, investors can make online purchases of solar modules and kits which are then leased for use in specified PV projects in China. In addition to a set annual return, investors can earn carbon credits, or "carbon beans", for each kilowatt hour of energy generated from their solar investment. Investors can also choose to purchase modules or Yes!® solar kits online at Solarbao.com for resale, or for use in their own PV projects with installation and financing services provided by SPI.
