About

About me

Xiaofeng Denton Peng is Chairman and CEO of SPI Energy Co., Ltd., a renewable energy company headquartered in McClellan Park, California. He is a pioneer, visionary, and successful entrepreneur in the renewable energy industry, with two decades of experience in solar, battery storage, electrical vehicles (EV), and EV charging. SPI Energy Co Ltd. trades under Nasdaq under the ticker symbol SPI.

Peng also serves as CEO and Chairman of Phoenix Motor Inc., a publicly traded company that designs, develops, manufactures, and assembles all-electric transit buses and integrates electric drive systems for medium- and light-duty electric vehicles in the United States. Phoenix Motor trades on the NASDAQ as PEV and provides a range of products, including zero-emission transit buses, shuttle buses, Type A school buses, utility and service trucks, flatbed and cargo trucks, walk-in vans, and also provide chargers, and electric forklifts.

He has served as Director and Executive Chairman of the board of directors of SPI Energy since January 2011 and became Chairman in February 2017. He has led the company as CEO since 2016.

Since 2015, Peng has also served as Chairman of the board of SolarJuice Co., Ltd., Australia, a subsidiary of SPI Energy.

As a business leader, Denton Peng is at the forefront of investing in emerging technologies in the renewable energy sector. Delivering technology innovation in each renewal energy segment to a broad customer base is a top priority for he and his team at SPI Energy. “We have a firm position in fast-growing sustainable energy and products.”

Throughout his career, Peng’s passion for his work has been reflected in the management and growth of SPI Energy’s various divisions. He has assembled strong teams in multiple sectors, led by individuals with deep experience in their focus areas.

Xiaofeng Denton Peng is excited about the future of SPI Energy, with the increased demand in the green and renewable energy sector due to incentive programs and tax credits under the Inflation Reduction Act (IRA) passed in August 2022.

Xiaofeng Denton Peng: Taking the Lead at SPI Energy Co., Ltd.

SPI Energy has a significant presence in the global renewable energy market with a diverse portfolio spanning solar, battery storage, and EV solutions for business, residential, government, and utility customers and investors. The company builds, develops, and manages solar photovoltaic (PV) projects and offers solar energy equipment for customers worldwide. It produces solar PV projects sold to third-party operators or owned and operated by SPI Energy to sell electricity to grids in multiple countries throughout Asia, North America, and Europe.

SPI Energy has three core divisions: SolarJuice, SPI Solar and Orange Power, and EdisonFuture/Phoenix Motor EV.

SolarJuice is the leader in renewable energy system solutions for residential and small commercial markets and has extensive operations in the Asia Pacific and North American markets. SPI Solar and Orange Power provide a full spectrum of EPC services to third-party project developers and develop, own, and operate solar projects that sell electricity to the grid in multiple regions, including the US, UK, and Europe. Phoenix Motor is a leader in medium-duty commercial electric vehicles and is developing EV charger solutions, electric pickup trucks, electric forklifts, and other EV products.

SPI Energy has several wholly-owned subsidiaries in the US, Europe, and Asia. One of its subsidiaries, SEM Wafertech, Inc., is a leading solar wafer manufacturer in the US, with a facility in South Carolina to help meet the increasing need for locally sourced solar wafers as the demand for solar power continues to grow throughout the country.

Another SPI Energy subsidiary, Solar4America, is a premier “Made in the USA” solar module manufacturing company. Along with its facility in Sacramento, California, the South Carolina plant, which was leased in 2023, allows Solar4America to expand its footprint and manufacture a wider variety of solar panels for residential and commercial customers and utility projects.

At the 2023 Midwest Solar Expo in Chicago, Solar4America showcased its American-made 410W residential solar modules and 550W bifacial modules designed for commercial, industrial, and utility markets. The company was the first and only major domestic manufacturer already manufacturing 550W/M10 solar modules in the U.S. Denton Peng, in his comments in the press, noted that the company can deliver to customers anywhere in the nation from its factories.

Other SPI Energy subsidiaries include JP Energy Partners, LP; Solar Power Inc UK Services Limited; SPI Renewables Italy S.r.l.; SolarJuice (HK) Limited; Heliostixio S.A. and Heliohrisi S.A. (Greece), and others.

Xiaofeng Denton Peng’s Career

Before SPI Energy, he founded LDK Solar (LDK) in July 2005 and served as Chairman of the board and CEO. LDK, located in Xinyu, China, manufactured multicrystalline solar wafers used in solar cell production and provided wafering services for monocrystalline and multicrystalline wafers.

He also founded Suzhou Liouxin Industrial, Ltd. in March 1997 and served as its CEO until February 2006. Suzhou Liouxin was a leading manufacturer of personal protective equipment in Asia, employing 12,000 people.

Denton Peng’s Academic Pedigree

Peng graduated from Jiangxi Fenglin College of Foreign Economy and Trade in 1993 with a bachelor’s in international business and from the Guanghua School of Management, Peking University, in Beijing, with an executive MBA degree in 2002.

Community Matters

Xiaofeng Denton Peng has donated his time and services to various Bay Area organizations.