Note 9 - Property, Plant and Equipment

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

9. Property, Plant and Equipment

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

	September 30, 2014			December 31, 2013
PV solar systems	$	14,852		$	14,852
Plant and machinery		33			33
Furniture, fixtures and equipment		295			269
Computers and software		1,147			1,153
Leashold improvements		4			4
		16,331			16,311
Less: accumulated depreciation		(5,340	)		(4,559	)
	$	10,991		$	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 $0.8 million for the nine months ended September 30, 2014 and 2013, and $0.3 million for the three months ended September 30, 2014 and 2013.