Solar Alliance Energy Inc V.SOLR

Here we go!!!

[Acura001]

Toronto, Canada & Knoxville, Tennessee, July 23, 2024 – Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and industrial solar sectors, is pleased to announce the signing of agreements for several commercial solar projects totaling $775,000. 

 

The five projects are all scheduled to be completed by the end of 2024:

 

• A 74-kilowatt (“kW”) solar system for a Tennessee manufacturer with a capital cost of $211,000.
• A 45-kW, $261,000 solar and battery storage system for a mechanical and engineering firm in Tennessee.
• Three 54-kW projects totaling $303,000 for a business in Kentucky.

 

“Solar Alliance continues to see strong demand for commercial solar projects, and projects like the five announced today provide a strong foundation for our continued growth,” said U.S. General Manager Jon Hamilton. “We have built a lean, flexible and technically proficient team that fills a need in the commercial solar industry. Our clients are benefiting from an optimal combination of incentives for solar in our area and they are also demonstrating to other businesses that solar with energy storage can positively impact their bottom line by reducing their electricity costs.” 

 

“The mix of small, medium and large projects we are delivering to customers allows for sustainable growth in a large addressable market,” said CEO Myke Clark. “We remain committed to growing the Company with an emphasis on profitability and we believe our business plan and contracted backlog support this strategy moving forward. Our business development efforts now include assessing specific regional requests for proposals for solar projects in the multi-megawatt range, where Solar Alliance believes it has a competitive advantage as a result of our installation experience and regional brand awareness,” concluded Clark.

 

Myke Clark, CEO

[PabloChoss]

SOLR has been teasing the possibilities of multi megawatt projects and the potential for the BC Call To Power. I think we may see some big announcements in the coming months. This combined with the probability of renewable energies being a big topic in the election could send this stock way up. I don't want to be unrealistically optimistic but I feel like big things are coming!