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Solar Alliance Energy Inc V.SOLR

Alternate Symbol(s):  SAENF

Solar Alliance Energy Inc. is a Canada-based energy solutions provider specializing in commercial and utility-scale solar installations. Its segments include Solar EPC and Solar Generation. It serves Tennessee, Kentucky, North Carolina, and South Carolina. Its Sunbox solar system includes solar panels, battery storage, an inverter, optimizers and racking for a complete solar solution. Along with residential solar panels, the Company also offers other home products that can be integrated with solar energy systems. It also offers generators and vehicle charger installations for electric cars. Its solar design and installation services are specifically tailored to create a turnkey experience for commercial businesses. It serves industries, such as agriculture, manufacturing, retail outlets, professional buildings, data centers and utilities. It provides solar panel installation options for commercial solar projects, such as roof space, carports, parking lots and ground mounted arrays.


TSXV:SOLR - Post by User

Post by Betteryear2on Jan 27, 2022 7:24am
208 Views
Post# 34365687

Signs Contract with AESSEAL for 526-kW Solar Project

Signs Contract with AESSEAL for 526-kW Solar Project

TORONTO and KNOXVILLE, Tenn., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTCQB: SAENF) is pleased to announce it has signed a contract with AESSEAL, a specialist in the design and manufacture of mechanical seals and support systems, for a 526-kilowatt (“kW”) roof mount solar system at AESSEAL’s U.S. headquarters in Rockford, Tennessee. Solar Alliance will design, engineer and install the project, which is scheduled to begin construction in April and is targeted for completion by the end of October 2022.

“Solar Alliance is proud to have been selected to deliver this 526-kW project for AESSEAL in Tennessee,” said Solar Alliance CEO Myke Clark. “This solar project is a testament to AESSEAL’s commitment to sustainable business practices and also to reducing their operating costs through solar energy. This represents another significant project for us as we continue to build out our backlog of projects under contract.”

AESSEAL Inc., MD, Peter Rouleau said, “Our business is based around environmental systems and technologies that help major industries cut pollution and save energy and water. This investment shows we are committed to leading by example and doing the right thing for our communities as well as for our customers.”

Solar Alliance is working with Boyd CAT, a regional Caterpillar dealer, on this project which will feature CAT solar panels. This project is the latest large project contract by Solar Alliance, following the signing in late 2021 of another 526-kW solar system in Tennessee and a contract to build another 500-kW solar system in Kentucky. The Kentucky contract includes an option for the customer to select Solar Alliance to build an additional 500-kW system at the same location, for a potential total project size of 1 MW.

About AESSEAL
AESSEAL is a specialist in the design and manufacture of mechanical seals and support systems. Our Mechanical Seals are used in a wide range of pumps and rotating equipment worldwide to prevent liquids and gases escaping into the environment. We manufacture mechanical seal types to suit all industries and our investment in modular design means that we provide the best on-time delivery performance in the industry. The AESSEAL® range of seals, seal support systems and bearing protectors are all designed to improve pump reliability and reduce maintenance costs. Our business is built around giving our customers such exceptional service that they need never consider alternative sources of supply. AESSEAL® holds the world's most comprehensive standard inventory portfolio of mechanical seals, bearing protectors, seal support systems and packing. AESSEAL® operates from 230 locations in 104 countries, including 9 manufacturing and 44 repair locations, and has more than 300 customer service representatives who visit industrial plants every day.


https://www.globenewswire.com/news-release/2022/01/27/2374176/0/en/Solar-Alliance-Signs-Contract-with-AESSEAL-for-526-kW-Solar-Project-in-Tennessee.html
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