Bullboard - Stock Discussion Forum Solar Alliance Energy Inc V.SOLR

Alternate Symbol(s): SAENF

Utilities Utilities - Independent Power Producers

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... see more

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TSXV:SOLR - Post Discussion

Solar Alliance Energy Inc > CEO quit or fired?

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Post by Acura001 on Oct 23, 2024 6:51am

CEO quit or fired?

Now that could be good news or bad news. The fact that the new CEO is specialized in investment and fundraising tells me they might be running out of cash. Also, we didn't get any update on that 50 million new business pipeline yet, no update of the BC Energy project and overall silence on NR. The US election could be playing a factor also. Trump is more old school and would probably support the cheaper Coal energy sector. Much to see but with no news on revenues, one can only assume that the plan is failing for SOLR, Hope I'm wrong,

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Comment by PabloChoss on Oct 23, 2024 10:58am

I spoke to Solr and they mentioned they didn't submit a proposal for the BC project. It seems like BC was looking for local vendors for this particular project anyway. However, it sounds like this will be the first of many with BC and they will be submitting for future projects. Clark left on good terms with the company but the new CEO has been a big part of their growth already. I ...more

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Comment by Acura001 on Oct 24, 2024 4:04am

Good post and definitely a more positive outlook than mine. Much appreciated. I believe that you make goods points. New vision might be what SOLR needs now. Best of luck.

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