SPI Energy Files Its Annual Report on Form 20-F

Rhea-AI Summary

SPI Energy Co., Ltd. (NASDAQ: SPI) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC. The report includes audited consolidated financial statements and is accessible on the SEC's website. SPI Energy is a global player in renewable energy, focusing on solar storage and EV solutions across various sectors. The company aims to leverage its expertise in green industries and seeks strategic investments in areas like battery storage and charging stations.

Positive

• Filed annual report on Form 20-F, enhancing financial transparency.
• Focus on renewable energy and strategic investments in green industries.

Negative

• The report does not provide specific financial performance metrics, raising concerns about transparency.

SANTA CLARA, CA / ACCESSWIRE / April 29, 2021 / 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 filed its annual report on Form 20-F for the year ended December 31, 2020 with the Securities and Exchange Commission (the "SEC").

The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed and downloaded on the SEC's website at http://www.sec.gov and the investor relations section of the Company's website at https://www.spigroups.com/investor-relations/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's IR Department at ir@spigroups.com.

About SPI Energy
SPI Energy Co., Ltd. (SPI) is 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. The Company provides a full spectrum of EPC services to third-party project developers, as well as develops, owns and operates solar projects that sell electricity to the grid in multiple countries, including the U.S., the U.K., Greece, Japan and Italy. The Company has its US headquarters in Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia. SPI is also targeting strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the Company's expertise and growing base of cash flow from solar projects and funding development of projects in agriculture and other markets with significant growth potential.

For more information on SPI Energy and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company's public filings and press releases available under the Investor Relations section at www.SPIgroups.com or available at www.sec.gov.

Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's current expectations and speak only as of the date of this release. Actual results may differ materially from the Company's current expectations depending upon a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company's annual report filed on Form 20-F filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.

Contact:
SPI Energy Co., Ltd.
IR Department
Email: ir@spigroups.com

Dave Gentry
RedChipCompanies, Inc.
Phone:(407) 491-4498
dave@redchip.com

SOURCE: SPI Energy Co., Ltd.

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FAQ

What is the significance of SPI Energy's annual report filed on Form 20-F?

The annual report enhances transparency by providing audited financial statements to shareholders and the public.

Where can I access SPI Energy's annual report?

You can access the annual report on the SEC's website and SPI's investor relations page.

What sectors does SPI Energy focus on?

SPI Energy focuses on renewable energy solutions, particularly solar storage and electric vehicle solutions.

What are SPI Energy's plans for the future?

SPI Energy aims to leverage its expertise in renewable energy and seeks strategic investments in green industries.

What risks are mentioned in SPI Energy's press release?

The press release highlights risks such as economic changes, competition, and customer acceptance of new products.