- Solar Alliance (SOLR) has signed a $1.8 million contract for a solar project in Tennessee
- The company will design, engineer and build an 872 kW commercial solar project for a manufacturing company in the state
- The project, to be completed by October 2023, brings Solar Alliance’s backlog of contracted projects for 2023 to $3.8 million
- Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors
- Solar Alliance Energy (SOLR) opened with a gain of 11.76 per cent, trading at $0.095 per share
Solar Alliance (SOLR) has signed a $1.8 million contract for a solar project in Tennessee.
The company will design, engineer and build an 872 kW commercial solar project for a manufacturing company in the state.
Construction is slated to begin in Q2 2023 with completion estimated by October 2023.
The news follows the completion of two solar projects in New York and the company’s largest quarterly revenue in history in Q3 2022.
“This large project contributes to a strong start to 2023 for Solar Alliance, as our backlog of contracted projects to be built this year is now approximately $3.8 million,” stated CEO Myke Clark. “This project is a great example of the type of large revenue project Solar Alliance is now targeting and delivering.”
“Our strategy of targeting larger revenue projects is generating positive results for Solar Alliance while lowering operating costs and delivering substantial environmental benefits to our customers,” he added.
Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. The company builds, owns and operates solar assets while also generating stable revenue through the sale and installation of solar projects.
Solar Alliance Energy (SOLR) opened with a gain of 11.76 per cent, trading at $0.095 per share.