Note 10 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

10. Property, Plant and Equipment

Property, plant and equipment consisted of the following:

	December 31, 2014			December 31, 2013
PV solar systems	$	110,553		$	14,852
Plant and machinery		33			33
Furniture, fixtures and equipment		269			269
Automobile		75			-
Computers and software		1,296			1,153
Leasehold improvements		4			4
		112,230			16,311
Less: accumulated depreciation		(5,792	)		(4,559	)
	$	106,438		$	11,752

PV solar system primarily included costs of acquiring permits, construction fees of PV solar system, costs of items installed in the PV solar system including solar panels, and other costs incurred that are directly attributable to getting the PV solar system ready for its intended use of grid connection with customer for supply of electricity.

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 22— Commitments and Contingencies, the Company will continue to record this solar system in property, plant and equipment with its associated financing obligation in Accrued liabilities-noncurrent 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.

In addition, as a consequence of completion of acquisitions of Sinsin and Xinte as disclosed in Note 3, eight and one completed photovoltaic plants located in Greece and China, respectively, were acquired by the Company, and recorded in the PV solar systems under Property, Plant and Equipment.

Depreciation expense was $1,267 and $1,283 for the years ended December 31, 2014 and 2013, respectively.