Shanghai | March 18, 2015 — Solar Power, Inc. will partner with the Sacramento Kings to bring solar power to the Kings’ Entertainment and Sports Center (ESC), located in downtown Sacramento.
As part of the agreement, SPI will install a rooftop solar PV system on the ESC and is in discussion for future projects targeting 15 megawatts (MW) per year.
The partnership also includes a twelve-year sponsorship agreement which will leverage the Kings’ marketing resources to provide branding and marketing support to Solarbao, SPI’s online investment platform, as well as to support SPI’s marketing activities around the globe.
“We are delighted to announce this partnership between SPI and the Sacramento Kings, a leader in innovation and sustainability initiatives,” said Xiaofeng Peng, Chairman of SPI. “By providing a state-of-the-art solar PV solution to be installed on the Kings’ new Entertainment and Sports Complex in downtown Sacramento, SPI will help the Kings achieve their goal to establish ‘one of the greenest buildings in America’. We are also excited to enter into this long-term marketing cooperation agreement with the Kings which will allow us to leverage their extensive resources to promote our online investment platform,Solarbao.com, and strengthen SPI’s profile as a leading provider of PV solutions in the important US market and globally.”