Xiaofeng Denton Peng Bio
Chairman and CEO of SPI Energy Co., Ltd.
Xiaofeng Denton Peng is the Chairman and CEO of SPI Energy Co., Ltd., a leading renewable energy company headquartered in McClellan Park, California. With a career spanning over two decades in the renewable energy industry, his expertise lies in solar energy, battery storage, electric vehicles (EV), and EV charging. He has earned recognition as a visionary and accomplished entrepreneur. SPI Energy Co., Ltd. is publicly traded on the NASDAQ under the SPI ticker.
He also holds the role of CEO and Chairman of Phoenix Motor Inc., a publicly traded company known for designing, developing, and manufacturing all-electric transit buses, integrating electric drive systems into medium- and light-duty electric vehicles. Phoenix Motor, trading on the NASDAQ under the symbol PEV, provides a wide range of zero-emission vehicles, including shuttle buses, Type A school buses, utility and service trucks, and electric forklifts. He has been a leader at SPI Energy since 2011 as Director and Executive Chairman and assumed the role of CEO in 2016.
Since 2015, he has served as Chairman of the board for SolarJuice Co., Ltd., a subsidiary of SPI Energy. His dedication to technology and innovation in the renewable energy field has been crucial to the company's progress. He emphasizes delivering sustainable energy solutions to SPI's customers, remarking, "We have a firm position in fast-growing sustainable energy and products."
He is known for assembling highly effective teams that have driven the expansion and success of SPI Energy's divisions. His enthusiasm for renewable energy is evident in the company's consistent growth, and he remains optimistic about SPI's future, especially with the increased demand stemming from the Inflation Reduction Act (IRA) of 2022.
Under Xiaofeng Denton Peng’s leadership, SPI Energy has established itself as a global leader in renewable energy, managing a diverse portfolio that includes solar power, battery storage, and EV solutions. The company constructs, manages, and operates solar photovoltaic (PV) projects and supplies solar equipment worldwide. SPI Energy's projects are either sold to third-party operators or owned and operated by the company, delivering electricity to grids in Asia, North America, and Europe.
Leading SPI Energy Co., Ltd.The organization has three primary divisions: SolarJuice, SPI Solar and Orange Power, and EdisonFuture/Phoenix Motor EV. SolarJuice offers renewable energy solutions for residential and small commercial markets in the Asia Pacific and North American regions. SPI Solar and Orange Power deliver EPC services, own and operate solar projects, and supply electricity in areas including the US and Europe. Phoenix Motor specializes in medium-duty commercial electric vehicles and is developing electric pickup trucks, forklifts, and EV charging stations.
SPI Energy also owns subsidiaries across the US, Europe, and Asia. SEM Wafertech, Inc., a subsidiary, is a leading solar wafer manufacturer with a facility in South Carolina to meet the rising demand for domestically sourced solar wafers. Solar4America, another subsidiary, operates solar module manufacturing facilities in Sacramento, California, and South Carolina. Solar4America was the first US manufacturer to produce 550W/M10 solar modules, presented at the 2023 Midwest Solar Expo.
Additional subsidiaries include JP Energy Partners, LP; Solar Power Inc UK Services Limited; SPI Renewables Italy S.r.l.; SolarJuice (HK) Limited; and Greek subsidiaries Heliostixio S.A. and Heliohrisi S.A.
Before leading SPI Energy, he founded LDK Solar (LDK) in 2005 and acted as Chairman and CEO. LDK specializes in manufacturing multicrystalline solar wafers and provides wafering services for monocrystalline and multicrystalline wafers. He established Suzhou Liouxin Industrial, Ltd. in 1997 and was CEO until 2006. Suzhou Liouxin was a prominent personal protective equipment manufacturer in Asia, employing over 12,000 people.
His Career JourneyEducational Background
He completed his bachelor's degree in international business from Jiangxi Fenglin College of Foreign Economy and Trade in 1993. He earned an executive MBA from the Guanghua School of Management at Peking University 2002.
Community Engagement
Xiaofeng Denton Peng actively volunteers his time and services to various Bay Area organizations.