Solar Alliance signs two contracts totalling $1.58M in commercial solar projects
by CM Staff
The two projects, which are being constructed at separate facilities, are scheduled to begin construction in Q3 2023 and are currently targeted for completion in Q1 2024.
TORONTO and KNOXVILLE — Solar Alliance Energy Inc., a solar energy solutions provider focused on the commercial and industrial solar sector, announces that it has signed contracts for the design, engineering, and construction of two commercial solar projects for a client in Tennessee.
The first project is a ground mount system with a capacity of 250-kilowatts and a capital cost of $720,000. The second project is a ground mount system with a capacity of 299-kW and a capital cost of $860,000. The two projects, which are being constructed at separate facilities, are scheduled to begin construction in Q3 2023 and are currently targeted for completion in Q1 2024.
“These projects are the latest for Solar Alliance in Tennessee as we build out our project backlog into 2024,” said CEO Myke Clark. “Our commitment to providing outstanding customer service and technical expertise is driving increasing sales for our company and quality solar projects for our customers. The demand we are seeing for commercial and industrial solar is intensifying as the financial and environmental benefits of solar are becoming clearer to business owners. We believe our current contracted backlog of projects positions Solar Alliance for yet another year of strong revenue growth in 2023 and is now setting the stage for sustained growth into 2024.”
The two projects contribute to a backlog of contracted projects that now totals $6.1 million, including previously announced contracts.
