SPI Energy’s Solar American Appoints 13-Year Solar Industry Veteran Chad Pricolo as SVP of Consumer Operations

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SANTA CLARA, CA / ACCESSWIRE / April 26, 2021 / SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ: SPI), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions to business, residential, government, logistics, utility and investors today announced that Solar American Inc., a subsidiary of SolarJuice Co., Ltd. The company’s (“SolarJuice”) subsidiary, Chad Pricolo, has named SVP of Consumer Operations.

Prior to joining Solar American, Mr. Pricolo was the Director of Northern California Solar Operations at Semper Solaris, a San Diego, California-based home solar installation company. Prior to that, Pricolo held various positions with increasing responsibility at PetersenDean, from department head to vice president to senior vice president – Consumer Operations Division. Before his seven years at PetersenDean, Mr. Pricolo worked five years as a site manager for solar projects at RGS Energy.

Xiaofeng Peng, Chairman and CEO of SPI Energy, commented, “We are excited to welcome Chad to our rapidly growing team at Solarjuice American Inc. His wealth of industry experience and deep knowledge of key West Coast markets will be with ours Accelerating great value in his sales and marketing initiatives in the coming months. I am confident that he will be an excellent leader in our consumer solar business and launch a national franchise program in the US. “

According to the Solar Energy Industries Association, 19.2 gigawatts (GW) of solar PV capacity were installed in the US in 2020, giving a total installed capacity of 97.7 GW, which is enough to power 17.7 million American households to supply. Solar accounted for 43% of all new power generation capacity added in the US in 2020. This corresponds to the largest share of solar power generation capacity of all time and ranks first of all technologies for the second year in a row. The US solar industry is projected to install more than 324 GW of capacity over the next 10 years, quadrupling the current amount of installed solar capacity.

About SPI Energy

SPI Energy Co., Ltd. (SPI) is a global renewable energy company and provider of solar storage and electric vehicle solutions to businesses, private, government, logistics and utility customers, and investors. The company provides a full range of EPC services to third party project developers and develops, owns and operates solar projects that sell power to the grid in several countries including the US, UK, Greece, Japan and Italy. The company is headquartered in Santa Clara, California, and has global offices in Asia, Europe, North America and Australia. SPI also targets strategic investment opportunities in environmentally friendly industries such as battery storage and charging stations, leveraging the company’s expertise and growing base of cash flow from solar projects, and funding the development of projects in agriculture and other markets with significant growth potential.

For more information about SPI Energy and its subsidiaries, the company encourages shareholders, investors and other interested parties to read the company’s public filings and press releases available in the Investor Relations section at www.SPIgroups.com or at www.sec.gov .

About SolarJuice

SolarJuice Co., Ltd. (“SolarJuice”) is a leader in system solutions for renewable energies for residential and small commercial markets. Founded in 2009, the company is headquartered in Sydney, Australia, and offers a global solution for solar modules, inverters and battery systems from a single source. Since its inception, the company has served over 3,000 B2B accounts and 400 customers. SolarJuice also plans to expand its supply chain, upgrade its technology platform, and expand its product delivery across the Asia Pacific and North America region. With the recent acquisition of Solar4America, one of the largest private solar and rooftop installers in the US, the company can serve more customers in the growing markets of California, Nevada, Texas, Florida and Colorado. With more than a million solar systems and roofs, the Pleasanton, CA-based company now employs hundreds of installers and operates in five states: California, Florida, Nevada, Colorado and Texas.

Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Litigation Reform Act of 1995 that involve significant risks and uncertainties. Forward-looking statements may be identified by the use of words such as “may”, “power”, “will”, “intention”, “should”, “could”, “may”, “dignity”, “continue”, “continue” . Expect, “believe,” “anticipate,” “estimate,” “predict,” “prospect,” “potential,” “plan,” “seek” and similar expressions and variations or the negatives of these terms or other comparable terms readers will You 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 publication. Actual results could differ materially from the company’s current expectations based on a number of factors. These factors include, but are not limited to, the coronavirus (COVID-19) and the impact of the outbreak and related actions, adverse changes in general economic and market conditions, competitive factors including, but not limited to, pricing pressures and new product launches. Uncertainty in customer acceptance of new products t offers and market changes, risks associated with managing business growth, and the other risks and uncertainties described in the “Risk Factors” section of the company’s annual report, which is filed on Form 20 filed with the Securities and Exchange Commission -F was submitted. Unless required by law, the company assumes no responsibility for revising or updating forward-looking statements.

SPI Energy Co., Ltd. Contact:

IR department
[email protected]

Dave Gentry
RedChipCompanies, Inc.
Phone: (407) 491-4498
[email protected]

SOURCE: SPI Energy Co., Ltd.

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