Agreement includes an option for additional 500-kW system
PVTIME – November 22, Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR) is pleased to announce it has signed a contract to build a 500 kilowatt (“kW”) solar system in Kentucky. The contract includes an option for the customer to select Solar Alliance to build an additional 500kW system at the same location.
“Solar Alliance is proud to be building another large solar project in Kentucky,” said Solar Alliance CEO Myke Clark. “Our experienced team of solar professionals provided a solar system design at competitive pricing that will allow the customer to take advantage of the many benefits of solar energy. Our contracted pipeline of large solar projects is growing and this is the latest example of the type of project we are successfully building for our customers.”
In addition to this large project and other large projects in the Company’s sales pipeline, Solar Alliance continues to generate consistent revenue from the sale and installation of smaller commercial and residential projects. These two revenue streams are contributing to strong growth in the Company’s third-party sales while the Company also develops a growing pipeline of solar projects that it will own and operate, generating long term recurring revenue.
For contractual reasons, the identity of the customer is not being disclosed at this time.
Myke Clark, CEO
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