Accretive acquisition would immediately increase revenues and expand geographic diversification

 

VANCOUVER, BC--(April 04, 2017) - Solar Alliance Energy, Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: SAN)(OTCQB: SAENF) is pleased to announce it has signed a Letter of Intent ("LOI") for the acquisition of certain assets of a U.S. solar company ("Seller"). Pursuant to the LOI, Solar Alliance will acquire the Seller's team of employees and acquire the Seller's pipeline of in-process residential solar projects. In 2016, the team that the Company is acquiring sold more than 7 MW of residential solar systems, generating US$34,305,000 (unaudited) in revenue. The Company anticipates that this acquisition will materially increase revenues and net income at Solar Alliance.

HONG KONG, March 14, 2017 -- SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ:SPI), a global clean energy market place for business, residential, government and utility customers and investors, today announced that its wholly owned subsidiary, SPI Solar Japan GK ("SPI Japan"), has entered into a definitive agreement to sell all of its interest in the land and project development rights in its two solar PV projects with total capacity of 4.8 megawatt (MW) in Shibayama city, Chiba. SPI Japan will also provide engineering, procurement and construction ("EPC") service to complete the projects.

 

The solar plants are located approximately 50 kilometres east of Tokyo in Chiba and each with capacity of 2.4 MW and with an estimated total capacity of 5,200,000 kWh annually.

 

The sale is subject to closing conditions, and is expected to close in July 2017.

NORTH VANCOUVER, BRITISH COLUMBIA  -- 12/13/16 -- Aurora Solar Technologies Inc. ("Aurora")("Company") (TSX VENTURE:ACU)(OTCBB:AACTF)(FRANKFURT:A82) a leader in inline measurement and control technology for the photovoltaic manufacturing industry, is pleased to announce that it has received an order from LG Electronics Inc. located in South Korea. The order for 12 Decima CDs and multiple Veritas Servers spans several production lines and is expected to ship before the end of February 2017.

HONG KONG, June 17, 2016 -- Sky Solar Holdings, Ltd. (SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for the first quarter of 2016 ended March 31, 2016.

 

Highlights:

 

Q1 2016 total revenue of $11.7 million, up 14% over Q1 2015

Q1 2016 electricity revenue of $9.9 million, up 94% over Q1 2015

Q1 2016 Adjusted EBITDA1 of $5.4 million, compared to $7.0 million in Q1 2015

133.1 MW of IPP assets in operation as of March 31, 2016, compared to 128.6 MW as of December 31, 2015