Note 8 - Property, Plant and Equipment

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8. Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):

	June 30, 2014			December 31, 2013
PV solar systems	$	14,852		$	14,852
Plant and machinery		33			33
Furniture, fixtures and equipment		269			269
Computers and software		1,153			1,153
Leashold improvements		4			4
		16,311			16,311
Less: accumulated depreciation		(5,085	)		(4,559	)
	$	11,226		$	11,752

In 2009, Solar Power, Inc. capitalized a photovoltaic (“PV”) solar system relating to the Aerojet 1 solar development project along with the associated financing obligation, recorded under financing and capital lease obligations, net of current portion, in the Consolidated Balance Sheets. Due to certain guarantee arrangements as disclosed in Note 13— Commitments and Contingencies, the Company will continue to record this solar system in property, plant and equipment with its associated financing obligation in financing obligations as long as it maintains its continuing involvement with this project. The income and expenses relating to the underlying operation of the Aerojet 1 project are recorded in the Consolidated Statement of Operations.

Depreciation expense was $0.5 million and $0.6 million for the six months ended June 30, 2014 and 2013, respectively, and $0.2 million and $0.3 million for the three months ended June 30, 2014 and 2013, respectively.