SPI Energy Co., Ltd. announced changes to the senior management team and board of directors of the company effective on October 29, 2016. Mr. Roger Dejun Ye has resigned as Executive Vice President in charge of the company's solar business but will remain as a non-executive director of the Board. Mr. Minghua Zhao, who currently serves as Joint Chief Operating Officer (COO) of the Company's China domestic business, has been appointed as a director to the Board and Mr. Fei Yun, who previously served as General Manager of Xinghang PV Technology (Suzhou) Co., Ltd., has joined the company as Senior Vice President in charge of R&D and Solar Technology Development. Mr. Minghua Zhao currently serves as Joint COO of the Company's China domestic business and previously served as Senior Vice President of the company's finance service business between February 2015 and June 2016. Before he joined the company in February 2015, Mr. Zhao served as general manager of Suzhou Industrial Park Chengcheng Enterprises Guarantee Co., Ltd. and from 2003 to 2009 as president of Suzhou Industrial Park Branch of Suzhou Bank. Mr. Fei Yun has more than 30 years of experience in the research and development of solar cells, PV systems and senior management role in the industry in Australia and China. Mr. Fei Yun joined from Xinghang PV Technology (Suzhou) Co., Ltd. where he has served as General Manager since July 2014.
SPI Energy Co., Ltd. is a renewable energy company and provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Companyâs segments include Renewable energy solutions and PV stations constructions and operations. The Company develops solar PV projects which are either sold to third party operators or owned and operated by the Company for selling electricity to the grid in multiple countries in Asia, North America and Europe. In Australia, the Company primarily sells solar PV components to retail customers and solar project developers. It is also engaged in roofing and solar energy systems installation and assembling solar modules. The Companyâs subsidiaries include SolarJuice Co., Ltd, Solar Juice Pty Ltd., Solarjuice American Inc., Sloar4america Technology Inc., Italsolar S.r.l., SPI Solar Japan G.K., Solar Power Inc UK Service Limited, SPI Solar Inc., Heliostixio S.A., Heliohrisi S.A., and others.