SPI Energy Co Ltd
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Information Technology : Semiconductors & Semiconductor Equipment | Small Cap Value
Company profile

SPI Energy Co., Ltd. is a provider of photovoltaic (PV) and electric vehicle (EV) solutions for business, residential, government and utility customers and investors. The Company operates through three segments: EV business, renewable energy solutions business and solar projects development business. The Company develops solar PV projects that 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. The Company’s 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., Thermi Sun S.A., Knight Holding Corporation, Edisonfuture Inc., Phoenix Motor Inc. and Phoenix Motorcars Leasing LLC.

Closing Price
$0.7996
Day's Change
-0.0204 (-2.49%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.85
Day's Low
0.79
Volume
(Heavy Day)
Volume:
84,714

10-day average volume:
44,801
84,714

Nikola to start selling its hydrogen fuel-cell trucks in late September

9:02 pm ET September 13, 2023 (MarketWatch)
Print

By Ben Glickman

Nikola (NKLA) is set to begin selling its hydrogen fuel-cell trucks at the end of the month, the company's chief executive said.

Chief Executive Steve Girsky said the company planned to deliver hydrogen-powered trucks in late September and early October. Nikola has received 210 non-binding orders for the new line of trucks, including from large fleet operators, Girsky said.

The company began production of its long-awaited hydrogen fuel-cell trucks over the summer, and Girsky said the first completed truck came off the production line two weeks ago.

Nikola has been grappling with a voluntary recall of its battery-electric trucks after an investigation found that a battery defect likely caused a fire in one of its vehicles. The company has said that the recall has not affected production of its hydrogen-powered trucks.

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(END) Dow Jones Newswires

September 13, 2023 21:02 ET (01:02 GMT)

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