Solar Alliance signs agreement with Onni Group for 519 kW commercial solar project in Manhattan Beach, California

Share

Solar Alliance Energy Inc. (‘Solar Alliance’) or (the ‘Company’) (TSX-V: SOLR) is pleased to announce it has entered into a definitive agreement with a division of Onni Group (“Onni”) for the design, procurement and construction management services for a 519 kW combined rooftop and carport solar installation at Manhattan Beach Towers, a mid-rise, multi-tenant office building owned by the Vancouver-based developer. Construction will commence this week and is expected to be completed by the end of the year.

“Solar Alliance is proud to be working with Onni to reduce their carbon footprint,” said Solar Alliance Chairman and CEO Jason Bak. “This is an exciting project for the largest office tower in Manhattan Beach and will provide significant long-term environmental benefits. Our team worked closely with Onni on site assessment, evaluation and design to ensure the solar project meets the needs of Onni. Meeting our customers’ needs is core to our business ethic and results in a solar project that we can all be proud of. The Manhattan Beach Towers solar project is our largest commercial solar project to date in California and is a great example of our ability to provide solar solutions for our clients anywhere in the United States,” said Bak.

A groundbreaking ceremony was held recently at Manhattan Beach Towers with Manhattan Beach Mayor Steve Napolitano and other local dignitaries in attendance.

“It’s always great when our corporate partners step up and do the right thing,” said Steve Napolitano, Mayor of the City of Manhattan Beach. “In this case, going solar benefits their bottom line and everyone’s environment, so it’s truly win-win. I look forward to the project’s completion, and to other businesses following in the footsteps of Manhattan Beach Towers.”

The Manhattan Beach Towers solar project will utilize LG NeON 2 solar modules, Solar Edge inverters and Solar Edge module optimizers. The carport solar array will maximize power output for Manhattan Beach Towers in addition to providing shaded parking for tenants, shielding their vehicles from heat and rain.

Solar Alliance’s design and construction management services (“DCM”) approach for this project is the result of working closely with Onni to determine their needs. The DCM approach includes financial modeling and analysis, evaluation of utility interconnection policies with technical guidance, detailed basis of design including stamped engineering documents and material specifications, bid preparation and solicitation, supply of specified major solar system components and project management.

“The DCM approach we are taking with this project allows us to expand our installation footprint significantly,” said Solar Alliance VP Harvey Abouelata. “While most of the solar industry focuses on a specific local project, our focus is on the customer’s goals. We know what it takes to develop and manage a successful commercial solar project, and as a result we can provide a cost-effective solution that reduces risk and best serves our client. We were pleased to develop this approach with Onni in the Manhattan Beach and we look forward to successfully completing the project ahead.”

The Manhattan Beach Towers project contributes to a record ten-fold year over year increase in Solar Alliance’s pipeline of commercial solar projects. Construction on the project has already commenced and it is expected to be completed early in Q1 2019.

Commercial Solar Installations
YearInstalled (kW)Work in Process (kW)Total (kW)
2017387387
201828931343423* (3.4 MW)

*2.9 MW of work in process projects are expected to be complete by year end, 2018.

About Onni Group (www.onni.com
For over half a century, Onni has been building communities for people to live, work, and play. Our success reflects our commitment to our employees and partners, and our dedication to quality construction, innovation, sustainability, and customer satisfaction. Our expertise expands across North American cities such as Los Angeles, Seattle, Chicago, Phoenix, Toronto, and Vancouver. We’ve constructed over 12,000 new homes, own and manage more than 6,200 rental apartments, built more than 9.5 million square feet of office, retail, and industrial space, and have an additional 24 million square feet of space in different phases of development. Employing thousands of people across North America, Onni is one of the continents largest and most established developers of real estate.

 
For more information:
 
Solar Alliance Sales
(865) 309-4674

Solar Alliance Investor Relations
Jason Bak, CEO
(604) 288–9051
jbak@solaralliance.com

Onni Group Media Contact
media@onni.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.”