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Sky Solar Announces Pricing of Initial Public Offering

Hong Kong, China, November 13, 2014 – Sky Solar Holdings, Ltd. ("Sky Solar") (NASDAQ: SKYS) today announced the pricing of its initial public offering of 5,525,000 American depositary shares ("ADSs"), each representing eight of its ordinary shares, at a price to the public of US$8.00 per ADS for a total offering size of US$44.2 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on NASDAQ Capital Market today under the symbol "SKYS."

In addition, Sky Solar has granted the underwriters a 30-day option to purchase up to an additional 828,750 ADSs.

Roth Capital Partners is acting as the sole book-running manager for the offering. Northland Securities, Inc. is acting as the co-manager for the offering.

A registration statement related to these securities has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. Copies of the prospectus related to the offering may be obtained by visiting EDGAR on the SEC web site at www.sec.gov or calling Roth Capital Partners at +1-800-678-9147.