Solar Alliance Energy Inc. has been awarded a contract to design and construct a 500 kW solar project in Kentucky for a commercial customer. The capital cost for the project, which has a total cost of $750,000 is estimated to be completed by 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 due to our shift towards larger solar projects with utility and commercial customers in 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.”
Boyd CAT, an authorized dealer of Cat solar equipment, is responsible for this latest project. It can be found in Kentucky, West Virginia West Virginia, Kentucky, and Southeastern Ohio.
Boyd CAT and Solar Alliance have partnered in several projects to date, including the 1 MW solar project that was completed for Louisville Gas and Electric Company and Kentucky Utilities Company. A 1 MW project will be built for the Knoxville Utilities Board this year.