Solar Alliance Begins Construction of 2.4 MW Solar Project in Southeast U.S. for Fortune Global 500 Company
October 09 2018 - 7:00AM
VANCOUVER, British Columbia and KNOXVILLE,
Tenn., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Solar Alliance
Energy Inc. (‘Solar Alliance’) or (the ‘Company’)
(TSX-V: SOLR) is pleased to announce it has
commenced construction on the 2.4 MW ground mount commercial solar
project announced on March 14, 2018. The project, being constructed
for a Fortune Global 500 company, is the largest sold to date by
Solar Alliance and is equivalent to building 400 residential solar
systems. Excavation began this week and the construction is
expected to be completed by the end of the year.
“Solar Alliance is proud to support this Fortune
Global 500 company’s effort in reducing their carbon footprint,”
said Chairman and CEO Jason Bak. “This proof of concept project
will hopefully lead to job creation, profitability and increased
equity for the client. Our team has been working diligently to
ensure this project meets their requirements and we are proud to
have been selected to assist our client’s sustainability team with
this important project.”
The Company will also provide on-site
training of personnel on the safe operations and
maintenance of the project. Site support includes
installation of monitoring hardware and configuration
of network based monitoring.
Further updates on this project will be provided
throughout the construction phase. For commercial reasons, the
identity of the Fortune Global 500 customer is not being released
until the project’s completion.
Jason Bak, Chairman and CEO
For more information:
Solar Alliance Sales
(865) 309-4674
Solar Alliance Investor
Relations
Jason Bak, CEO
(604) 288–9051
jbak@solaralliance.com
About Solar Alliance Energy Inc.
(www.solaralliance.com)
Solar Alliance is an international energy solutions provider
focused on residential, commercial and industrial solar
installations. The Company operates in California, Tennessee,
North/South Carolina and Kentucky and has an expanding pipeline of
solar projects. Since it was founded in 2003, the Company has
developed wind and solar projects that provide enough electricity
to power 150,000 homes. Our passion is improving life through
ingenuity, simplicity and freedom of choice. Solar Alliance reduces
or eliminates customers' vulnerability to rising energy costs,
offers an environmentally-friendly source of electricity
generation, and provides affordable, turnkey clean energy
solutions.
Statements in this news release, other than
purely historical information, including statements relating to the
Company's future plans and objectives or expected results,
constitute Forward-looking statements. The words “would”, “will”,
“expected” and “estimated” or other similar words and phrases are
intended to identify forward-looking information. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the Company’s actual results,
level of activity, performance or achievements to be materially
different than those expressed or implied by such forward-looking
information. Such factors include but are not limited to:
uncertainties related to the ability to raise sufficient capital,
changes in economic conditions or financial markets, litigation,
legislative or other judicial, regulatory and political competitive
developments and technological or operational difficulties.
Consequently, actual results may vary materially from those
described in the forward-looking statements.
“Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release."
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