Under the terms of the agreement, SPI Solar will acquire 168.5MW of solar projects in China, including in Gansu Province, Xinjiang Region, Inner Mongolia Region and Qinghai Province.
The projects are scheduled to be connected to the grid beginning from 2014 to the end of 2015.
SPI will sign a definitive equity interest purchase agreement with TBEA Sunoasis no later than 31 March 2015, subject to the closing conditions as per the framework agreement.
TBEA Sunoasis general manager Jianxin Zhang said: "We are very pleased to partner with SPI Solar in developing this prominent portfolio of solar projects. SPI has established itself as a premierdeveloper of solar projects in China."
SPI chairman Xiaofeng Peng said: "We are delighted to announce these agreements with TBEA Sunoasis, a leading provider of advanced solar products and system integration services.
"This important strategic partnership is part of an ongoing effort by SPI to take advantage of a rapidly expanding PV installation market across China through collaborations with key players."
