About Denton Peng
Denton Peng serves as the Chairman and CEO of SPI Energy Co., Ltd., a prominent renewable energy company based in McClellan Park, California. Under his leadership, SPI Energy has flourished, becoming a notable entity in the renewable energy sector, focusing on solar, battery storage, electrical vehicles (E.V.), and E.V. charging systems. The company is publicly traded on Nasdaq under the ticker symbol SPI.
Denton Peng’s role extends beyond SPI Energy as he also leads Phoenix Motor Inc., another Nasdaq-listed company, as CEO and Chairman. Phoenix Motor Inc. specializes in the design, development, manufacture, and assembly of all-electric transit buses and integrates electric drive systems for medium- and light-duty electric vehicles throughout the United States. This innovative company offers a variety of zero-emission vehicles, including transit and shuttle buses, Type A school buses, as well as utility and service trucks, and more. They also provide chargers and electric forklifts, contributing extensively to the green energy landscape.
Since January 2011, Peng has been a pivotal figure at SPI Energy, initially serving as Director and Executive Chairman of the board. His leadership expanded as he assumed the role of Chairman in February 2017 and CEO in 2016. His tenure has been marked by strategic growth and a steadfast focus on sustainable energy solutions.
Denton Peng has also chaired the board of SolarJuice Co., Ltd., in Australia, a subsidiary of SPI Energy, since 2015. His vision for SolarJuice aligns with his broader goals for SPI Energy, emphasizing the importance of technological innovation in renewable energy to serve a diverse global market. Peng often shares, “We have a firm position in fast-growing sustainable energy and products,” highlighting his commitment to advancing green energy initiatives.
Throughout his career, Denton Peng’s dedication has been evident in the operational success and expansion of SPI Energy’s divisions. His leadership has attracted and nurtured skilled teams, fostering expertise in various segments of the renewable energy market.
Looking to the future, Denton Peng is optimistic about the prospects of SPI Energy, especially with the increasing demand for renewable energy solutions spurred by incentive programs and tax credits from legislation like the Inflation Reduction Act (IRA) passed in August 2022.
Xiaofeng Denton Peng: Taking the Lead at SPI Energy Co., Ltd.
SPI Energy has significantly impacted the global renewable energy market, offering a comprehensive portfolio that includes solar, battery storage, and E.V. solutions tailored for business, residential, government, and utility sectors. The company not only develops and manages solar photovoltaic (P.V.) projects but also provides solar energy equipment globally. These projects are either sold to third-party operators or owned and operated by SPI Energy to sell electricity across various international markets.
The company’s major divisions include SolarJuice, SPI Solar, and Orange Power. EdisonFuture/Phoenix Motor E.V. SolarJuice leads the provision of renewable energy system solutions primarily to the residential and small commercial markets in the Asia Pacific and North America. SPI Solar and Orange Power handle a range of EPC services and own and operate solar projects in the U.S., U.K., and Europe. Phoenix Motor is at the forefront of developing medium-duty commercial electric vehicles and related technologies.
SPI Energy’s commitment to domestic production is evident through its subsidiaries like SEM Wafertech, Inc., a leading U.S. solar wafer manufacturer, and Solar4America, a top producer of “Made in the USA” solar modules. With facilities in Sacramento, California, and South Carolina, Solar4America is expanding its manufacturing capabilities to meet the growing demand for solar power in the U.S. At a recent industry expo, Solar4America showcased innovative solar products, emphasizing the company’s ability to meet national demands efficiently.
Other subsidiaries under SPI Energy include J.P. Energy Partners, L.P.; Solar Power Inc U.K. Services Limited; SPI Renewables Italy S.r.l.; SolarJuice (H.K.) Limited, and several others in Greece, enhancing the company’s global footprint.
Xiaofeng Denton Peng’s Career
Before his time with SPI Energy, Denton Peng founded LDK Solar in July 2005, where he served as Chairman and CEO. LDK Solar, based in Xinyu, China, was a crucial player in the production of multicrystalline solar wafers. Furthermore, Denton Peng founded Suzhou Liouxin Industrial, Ltd. in March 1997, leading as CEO until February 2006. This company became a leading manufacturer of personal protective equipment in Asia.
Denton Peng’s Academic Pedigree
Peng’s academic foundation is solid, with a bachelor’s degree in international business from Jiangxi Fenglin College of Foreign Economy and Trade, obtained in 1993, and an executive MBA from the Guanghua School of Management at Peking University, completed in 2002.
Community Matters
In addition to his professional achievements, Denton Peng has generously contributed his time and resources to various organizations in the Bay Area, underlining his commitment not only to renewable energy but also to community welfare.
Denton Peng continues to be a driving force at SPI Energy Co., Ltd., championing sustainable energy solutions and innovative technologies that pave the way for a cleaner, greener future.
Portfolio
Denton Peng