SPI's Solarbao.com Awarded World Green Design Organisation's 2015 Golden Prize

May 20, 2015, 07:30 ET from Solar Power, Inc.

SHANGHAI, May 20, 2015 /PRNewswire/ -- Solar Power, Inc.  ("SPI") (OTCBB: SOPW), a vertically-integrated photovoltaic ("PV") developer, today announced that its online investment platform, www.solarbao.com ("Solarbao.com") was awarded the World Green Design Organisation's Golden Prize for 2015.

"We are honored to receive this recognition from the World Green Design Organisation," said Xiaofeng Peng, Chairman of SPI. "By allowing individuals to participate in China's renewable energy revolution through investing in solar energy, our groundbreaking  Solarbao.com platform aims to promote awareness of the environment in China. We look forward to expanding the scope of Solarbao's impact in the coming months and years."

Solarbao.com, SPI's innovative online energy e-commerce and investment platform, enables individual and institutional investors to purchase solar-based investment products designed to generate stable long-term returns. Solarbao.com's  "Internet + New Energy + Finance" model and strong market performance made it stand out in a field of more than 400 product candidates.

The World Green Design Organisation's Golden Prize is a prestigious global award recognizing green design concepts and the positive application of green technology, green materials, green energy, green equipment, and green production methods.   

About Solar Power, Inc. (OTCBB: SOPW)

Solar Power, Inc. ("SPI" or the "Company") is a global leader in enabling photovoltaic ("PV") solutions for business, residential, government and utility customers and investors. SPI focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The Company also operates an innovative online energy e-commerce and investment platform, www.solarbao.com, which enables individual and institutional investors to purchase innovative PV-based investment and other products; as well as www.solartao.com, a B2B e-commerce platform offering a range of PV products. The Company has its operating headquarters in Shanghai and global operations in Asia, Europe, North America and Australia.

For additional information visit: www.spisolar.com, www.solarbao.com, www.solarbao.com.hk
or www.solartao.com.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of SPI, its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "expects" or similar expressions. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including uncertainties regarding whether the transactions contemplated will be successfully completed. All forward-looking statements are expressly qualified in their entirety by this cautionary statement and the risks and other factors detailed in the company's reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.

Amy Liu, Solar Power, Inc. (800) 548-8767



SOURCE Solar Power, Inc.