SPI Energy Co., Ltd. (SPI Energy) officially began trading on January 19 on the Nasdaq Global Select Market under the ticker symbol "SPI". Chairman Xiaofeng Peng, accompanied by members of SPI Energy's leadership team, joined with employees, partners and investors to ring the opening bell at Nasdaq MarketSite in New York City to mark the occasion.
SPI Energy was founded in California in 2006 as a PV solution provider specializing in solar power projects. It now maintains global operations in five major markets including North America, Europe, China, Japan and Australia. In January 2015, SPI Energy moved its operating headquarters to Shanghai and began its transition to a green energy Internet company with the launch of Solarbao.com, an innovative e-commerce and investment platform. SPI Energy's mission is to connect people to create a greener world.
"We are excited to celebrate this milestone with our employees, partners and investors as we embark on our next chapter together," said Xiaofeng Peng, Chairman of SPI Energy. "Solarbao.com is transforming the way people participate in the green economy and is helping to resolve environmental and air quality issues in China. It is creating a closed-loop solar energy ecosystem from power generation and power storage to power efficiency management in a way that has never been done before."