Solar Alliance launches Affiliate Program to accelerate expansion in the Southeast U.S.
12 9월 2023 - 8:59PM
Solar Alliance Energy Inc. (‘Solar Alliance’ or the
‘Company’) (TSX-V: SOLR), a leading solar energy solutions
provider focused on the commercial and utility solar sectors, is
pleased to announce the launch of the Solar Alliance Affiliate
Program (the “Affiliate Program”) with the signing of an agreement
(the “Affiliate Agreement”) with North Carolina-based Market Street
Solar.
The Affiliate Program provides independent sales
organizations with access to branded marketing materials, design,
engineering and installation management services. In return, the
affiliates bring commercial solar opportunities to Solar Alliance.
The Affiliate Program is initially focused on the Southeast U.S.
market and has the potential to be expanded to additional regions
in the U.S.
Solar Alliance has signed the first Affiliate
Agreement with Market Street Solar, a North Carolina-based company.
Market Street Solar specializes in assisting commercial entities in
the Carolinas to achieve their corporate sustainability objectives
by offering comprehensive energy monitoring and solar design
services. Additionally, for eligible businesses seeking to tap into
the Rural Energy for America Program ("REAP"), Market Street Solar
is simplifying the grant application process for solar energy
projects. REAP provides Renewable Energy System Grants of up to $1
million per business applicant, in addition to Energy Efficiency
Grants of up to $500,000 per applicant.
Market Street Solar is targeting commercial
solar opportunities of up to 2 megawatts or greater in scale, with
several early-stage projects currently undergoing evaluation by the
Solar Alliance team.
“The Affiliate Program represents a significant
expansion opportunity for Solar Alliance,” said CEO Myke Clark. “It
allows us to broaden our sales outreach and harness our team's
expertise to seize additional prospects. Our partnership with
Market Street Solar enables us to extend our influence, maintain
cost efficiency, and make solar benefits accessible to more
businesses. Market Street Solar is building a robust portfolio of
project opportunities, and we look forward to collaborating with
them to deliver top-tier solar projects."
"Becoming a Solar Alliance affiliate is a
win-win,” said Market Street Solar founder Eric Levin, a seasoned
entrepreneur of 25 years. “Working closely with Solar Alliance's
sales, service, and engineering teams, we designed a solar system
for one of our properties that qualifies for the 50% REAP grant.
This experience unveiled untapped market potential that will help
accelerate the growth of both companies. Our team has diligently
developed a streamlined software portal at marketstreetsolar.com,
enabling other business owners to seize this unique,
once-in-a-lifetime financial opportunity by leveraging grants, ITC
credits, depreciation, energy production, and environmental
benefits through solar adoption.”
The Solar Alliance Affiliate Program is now open
for additional affiliate partners. If you are a commercial solar
company looking for design, installation and marketing support,
please visit www.solaralliance.com/affiliate-program.
Myke Clark, CEO
For more information: |
Investor RelationsMyke Clark,
CEO604-359-5178mclark@solaralliance.com |
About Solar Alliance Energy Inc.
(www.solaralliance.com)Solar
Alliance is an energy solutions provider focused on the commercial,
utility and community solar sectors. Our experienced team of solar
professionals reduces or eliminates customers' vulnerability to
rising energy costs, offers an environmentally friendly source of
electricity generation, and provides affordable, turnkey clean
energy solutions. Solar Alliance’s strategy is to build, own and
operate our own solar assets while also generating stable revenue
through the sale and installation of solar projects to commercial
and utility customers. The Company currently owns two operating
solar projects in New York and actively pursuing opportunities to
grow its ownership pipeline. The technical and operational
synergies from this combined business model supports sustained
growth across the solar project value chain from design,
engineering, installation, ownership and
operations/maintenance.
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; the ability to
grow the Company’s market share; the high growth US solar industry;
the ability to convert the backlog of projects into revenue; the
expected timing of the construction and completion of the 872 KW
Tennessee solar project; the targeting of larger customers; the
ability to predict and counteract the effects of COVID-19 on the
business of the Company, including but not limited to the effects
of COVID-19 on the construction sector, capital market conditions,
restriction on labour and international travel and supply chains;
potential corporate growth opportunities and the ability to execute
on the key objectives in 2023. 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."
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