The two projects contribute to a backlog of contracted projects that now totals
The first project is a rooftop system with a capacity of 131-kilowatts (“kW”) and a capital cost of
“Our team continues to provide quality commercial solar opportunities for businesses in the
The
- Two projects, 250-kW and 299-kW, for a
Tennessee client announced onJuly 10, 2023 . The two projects, with a combined capital cost of$1.58 million , are scheduled to begin construction in Q3 2023 and are currently targeted for completion in Q1 2024. - A 565-kW commercial solar project for a manufacturing client in
Tennessee announced onMay 31, 2023 . The project, with a$1.47 million capital cost, is scheduled to begin construction in Q3 2023 and is currently targeted for completion by the end of 2023. - An 872-kW solar project in
Tennessee announced onFebruary 13, 2023 , with a$1.8 million capital cost. Design and engineering on the project began in Q2 2023 with completion targeted by the end of 2023.
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Investor Relations 416-848-7744 mclark@solaralliance.com |
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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, legislative and political competitive developments, technological or operational difficulties, the ability to maintain revenue growth, the ability to execute on the Company’s strategies, the ability to complete the Company’s current and backlog of solar projects and the ability to grow the Company’s market share. Consequently, actual results may vary materially from those described in the forward-looking statements.
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