Sky Solar Holdings, Ltd. Announces Change of Chief Financial Officer

HONG KONG, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Sky Solar Holdings, Ltd. SKYS ("Sky Solar" or the "Company"), a global developer, owner and operator of solar parks, today announced the termination of Mr. Sanjay Shrestha from his position as the Chief Financial Officer of the Company, effective immediately. Ms. Julie Zhu has been named as the acting Chief Financial Officer of the Company, effective immediately.

About Sky Solar Holdings, Ltd.

Sky Solar is a global independent power producer ("IPP") that develops, owns, and operates solar parks and generates revenue primarily by selling electricity. Since its inception, Sky Solar has focused on the downstream solar market and has developed projects in Asia, South America, Europe, and North America. The Company's broad geographic reach and established presence across key solar markets are significant differentiators that provide global opportunities and mitigate country-specific risks. Sky Solar aims to establish operations in select geographies with highly attractive solar radiation, regulatory environments, power pricing, land availability, financial access and overall power market trends. As a result of its focus on the downstream photovoltaic segment, Sky Solar is technology agnostic and is able to customize its solar parks based on local environmental and regulatory requirements. As of June 30, 2018, the Company owned and operated 203.5 MW of solar parks.

For investor and media inquiries, please contact:

Sky Solar:

IR@skysolarholdings.com

SKYS Investor Relations:

The Blueshirt Group

US or Mandarin

Ralph Fong

+1 (415) 489-2195

ralph@blueshirtgroup.com

China

Gary Dvorchak, CFA

+86 (138) 1079-1480

gary@blueshirtgroup.com