SPI announces sale of solar PV Project in Japan

Solar Power, Inc. a vertically-integrated photovoltaic (“PV”) developer, 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 for a 6.4 megawatt (MW) solar PV project in Susami City, Wakayama Prefecture.
The sale is subject to several closing conditions, and is expected to close in April 2015.
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