Solar Alliance Energy Inc. has signed a contract to design and construct a 500 kW solar venture for a business buyer in Kentucky. The venture, with a capital value of $750,000, might be powered by greater than 1,000 Cat solar modules and is predicted to be accomplished by the top of 2022.
“The Solar Alliance team continues to deliver quality, economic solar projects to our customers and that has resulted in increased contract signings in 2022,” says CEO Myke Clark. “With the addition of this project, Solar Alliance’s backlog of projects under contract now exceeds $5,000,000. This growth is driven by our shift to larger solar projects with commercial and utility customers over the last two quarters. We will continue to pursue a balanced strategy – the high growth of building for third party customers combined with recurring revenue from solar assets we own – that is scalable and supports our goal of becoming a leading commercial and industrial solar provider in the U.S.”
The venture is the most recent to be inbuilt partnership with Boyd CAT, the licensed seller of Cat solar tools for companies and contractors throughout Kentucky, Southern Indiana, West Virginia and Southeastern Ohio.
To date, Boyd CAT and Solar Alliance have partnered on a number of tasks together with the finished 1 MW solar venture for Louisville Gas and Electric Company and Kentucky Utilities Company, and a 1 MW venture for the Knoxville Utilities Board that might be constructed this 12 months.