News: Solar Alliance approved as Tesla vendor
Solar Alliance approved as Tesla vendor
2019-03-26 07:43 ET - News Release
Mr. Myke Clark reports
SOLAR ALLIANCE BECOMES TESLA APPROVED VENDOR
Solar Alliance Energy Inc. is now an approved Tesla vendor and has signed an agreement to install six Tesla charging stations combined with a solar system at a commercial project in Nashville, Tenn.
"Becoming a Tesla-approved vendor provides Solar Alliance customers with the opportunity to access a high-quality electric vehicle charging station installation," said Solar Alliance chief executive officer Myke Clark. "We now have the ability to install stand-alone Tesla charging stations for homeowners, but more importantly, we can integrate Tesla electric vehicle chargers into our residential and commercial solar system products. Offering Tesla charging stations is particularly important to our new home builder and contractor clients that are constructing high performance homes. As electric vehicles begin to saturate the market, electric vehicle chargers are becoming increasingly critical to the relevance of a new home and ultimately to the resale value of a home," concluded Mr. Clark.
The project in Nashville, where the company is installing a solar system and six Tesla charging stations, is the perfect example of the synergies between solar and electric vehicle charging. According to the latest International Energy Agency forecast, the number of sales of electric vehicles will increase from a record 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine cars. The Volkswagen Group is going to shift its fleet to 100 per cent electric by 2030. This massive shift to electric vehicles will require a substantial shift in terms of electrical demand and drive the further adoption of residential and commercial solar. Solar Alliance is a fully licensed general contractor staffed by North American Board of Certified Energy Practitioners (NABCEP) engineers and installers. The company's team is licensed to complete a broad range of electrical work, and the addition of Tesla products to the company's list of offerings provides the company's customers with a quality product installed by a team they can trust. The Tesla electric vehicle charging station is now an option that can be included in the Solar Alliance SunBox residential solar product. SunBox is a complete solar solution that includes battery storage to maximize energy savings and provide an added layer of security for high performance homes. SunBox comes in two standard residential systems sizes with options such as a generator for whole home backup and a home electric vehicle charger.
The company also announces that the balance of the private placement announced on Feb. 11, 2019, is proceeding, having been granted a 30-day extension by the TSX Venture Exchange.
About Solar Alliance Energy Inc.