Solar Alliance to build 2.4 MW solar project in southeast United States

Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V:SOLR) is pleased to announce it will build a 2.4 MW commercial solar project (the ‘Project’) for a Fortune Global 500 company in the Southeast U.S. The Company will design, engineer and construct the 2.4 megawatt ground mount solar project. The Project is the largest sold to date by Solar Alliance and is equivalent to building 480 average-sized residential solar systems. Solar Alliance has already secured equipment for the Project and solar panels have already been delivered to site.  Estimated completion for the Project is Q3 2018.

“This Project marks the first large scale commercial Project for Solar Alliance since the acquisition of our Tennessee-based commercial division and we are proud to partner with a respected Fortune Global 500 organization,” said Chairman and CEO Jason Bak. “Our engineering team has been working closely with the customer in order to deliver a project that reduces electricity costs, offsets fossil fuel use and delivers an economically attractive Project. This Project is representative of the quality of the pipeline of commercial solar projects we are developing and we believe that pipeline will dramatically enhance our revenue profile moving forward. This is the first of a number of projects of this type and caliber.”

The Solar Alliance team will carry out the following activities for the Project:

• ​Design ​and​ ​secure ​all​ ​required​ ​engineering​ ​support​ ​for​ ​the​ ​Project;
• Secure​ ​all​ ​permits and licenses​ ​required​ ​to​ ​complete​ ​construction of​ ​the Project;
• Procure​ ​all​ ​material​ ​required​ ​for​ ​the​ ​Project​ ​including​ ​modules,​ ​inverters and transformers​ ​to​ ​deliver​ ​energy​ ​produced​ ​to​ ​the​ ​facility;
• Provide​ ​all​ ​labor​ ​required​ ​for​ ​construction​ ​of​ ​the​ ​project,​ ​including​ ​site​ ​clearing and​ ​site​ ​management; and,
• 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 during the construction period. 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