Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Solar Alliance Energy Inc V.SOLR

Alternate Symbol(s):  SAENF

Solar Alliance Energy Inc. is a Canada-based energy solutions provider for commercial and industrial solar installations. Its segments include Solar EPC and Solar Generation. It provides commercial solar design, engineering and installation. 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 provides solar panel installation options for commercial solar projects, such as roof space, carports, parking lots and ground mounted arrays. It serves industries, such as agriculture, manufacturing, retail outlets, professional buildings, data centers and utilities.


TSXV:SOLR - Post by User

Post by moneynorthboundon Jan 05, 2021 11:45pm
176 Views
Post# 32230535

JASON BAK UPDATES MURPHYSBORO CITY COUNCIL JAN 2020 PROGRESS

JASON BAK UPDATES MURPHYSBORO CITY COUNCIL JAN 2020 PROGRESS

City gets update on solar project

 
Jason Bak, chief executive of Solar Alliance and Nuyen Enterprise Hosting, updates the Murphysboro City Council last Tuesday on his project to build a solar array on the grounds of the former Curwood packaging plant. (Curtis Winston photo)
By Curtis Winston
01.21.2020

A project to turn an eyesore of a old factory into a gleaming high-tech solar-powered data center is moving closer to reality, officers from Solar Alliance told the Murphysboro City Council last Tuesday.

Jason Bak, the chief executive of Solar Alliance, said his company has started a spin-off called Nuyen Enterprise Hosting and is working to finalize $30 million in financing to turn the former Curwood packaging plant into a solar-powered data center.

Plans are to have that solar-powered data center crunch numbers for the Nuyen cryptocurrency and generate profits for the company.

"We would like to start immediately," Bak said, however the financing process is taking longer than he expected. He told aldermen that he hoped for a groundbreaking in the second quarter of this year. "It is highly unlikely financing will not be obtained," he said.

Bak said that the data-center business is extremely profitable, and that Illinois is embracing renewable energy and high-tech jobs. He pointed to Rivian, the electric-truck manufacturer that recently took over the former Diamond Star Motors plant in Normal.

Intially, the planned solar array would supply around 3 megawatts to the facility, providing around 30 percent of the data center's power needs, Bak said. The rest would come from Ameren, but the solar contribution would grow over time.

To underline Nuyen's commitment to the project, Bak introduced Sean Stofer, an engineer who will serve as chief operations officer in Murphysboro.

Announced in 2018, Solar Alliance's Murphysboro project has celebrity backing from actor William Shatner, who serves as commercial spokesman. The name of the Solar Alliance spin-off, Nuyen Enterprise Hosting, refers in part to Shatner's famous role as James T. Kirk, captain of the starship U.S.S. Enterprise in the "Star Trek" television series and films.

<< Previous
Bullboard Posts
Next >>