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Solar Alliance First Quarter Corporate Update Shows Continued Growth for Commercial Solar

Solar Alliance First Quarter Corporate Update Shows Continued Growth for Commercial Solar

太陽能聯盟第一季度公司更新顯示商用太陽能持續增長
GlobeNewswire ·  04/15 19:59

Small and medium-sized project growth accelerating in addition to continued large project momentum

除了持續的大型項目勢頭外,中小型項目增長加速

TORONTO and KNOXVILLE, Tenn., April 15, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. ('Solar Alliance' or the 'Company') (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and industrial solar sector, is pleased to provide a corporate update for the first quarter of 2024.

多倫多和田納西州諾克斯維爾,2024年4月15日(GLOBE NEWSWIRE)——專注於商業和工業太陽能領域的領先太陽能解決方案提供商太陽能聯盟能源公司(“太陽能聯盟” 或 “公司”)(多倫多證券交易所股票代碼:SOLR)很高興提供2024年第一季度的公司最新情況。

"The first quarter has seen our team execute on several large projects and continue the sales growth that we experienced last year. We remain committed to growing the Company with an emphasis on profitability and we believe our business plan and contracted backlog support this strategy moving forward. The Solar Alliance team continues to see increased demand for commercial solar projects, and we remain focused on larger, higher margin commercial solar projects to support our growth. In addition to executing on larger projects, we are now experiencing strong demand for solar projects for small and medium-sized businesses in rural communities. We are now at the stage in our evolution as a company that we can take advantage of the growth opportunities across both small and larger project sectors," said CEO Myke Clark.

“在第一季度,我們的團隊執行了幾個大型項目,並延續了去年的銷售增長。我們仍然致力於以盈利能力爲重點發展公司,我們相信我們的業務計劃和合同待辦事項支持這一戰略向前發展。太陽能聯盟團隊繼續看到對商用太陽能項目的需求增加,我們將繼續專注於規模更大、利潤更高的商用太陽能項目,以支持我們的增長。除了執行大型項目外,我們現在還面臨着農村社區中小型企業對太陽能項目的強勁需求。首席執行官邁克·克拉克說,作爲一家公司,我們現在正處於發展階段,我們可以利用小型和大型項目領域的增長機會。

Large Project focus momentum. The Company continues to target larger customers for third-party solar system sales and installations, specifically for commercial and industrial customers. Solar Alliance's strategy is to design, engineer and install commercial solar systems ranging in size up to several megawatts. Current installations include:

大型項目聚焦勢頭。該公司繼續以較大的客戶爲目標客戶進行第三方太陽能系統的銷售和安裝,特別是商業和工業客戶。太陽能聯盟的戰略是設計、設計和安裝大小不超過幾兆瓦的商用太陽能系統。目前的裝置包括:

  • Construction continued on a 565-kW commercial solar project for a manufacturing client in Tennessee announced on May 31, 2023. The project is currently targeted for completion in Q2, 2024.
  • Construction continued on an 872-kW solar project in Tennessee announced on February 13, 2023. The project is currently targeted for completion in Q2, 2024.
  • 2023年5月31日宣佈,爲田納西州一家制造業客戶建造的565千瓦的商用太陽能項目仍在繼續施工。該項目目前的目標是在2024年第二季度完成。
  • 田納西州於2023年2月13日宣佈的872千瓦太陽能項目仍在繼續施工。該項目目前的目標是在2024年第二季度完成。

The Company continued to install its backlog of contracted projects in Q1 2024 while adding to the backlog through new project sales. The Company has managed the backlog to a level that potentially allows for the rapid conversion to revenue while still maintaining our highest standards of execution. Solar Alliance is confident this solar project backlog, combined with a robust sales funnel, provides a strong foundation for the remainder of 2024.

該公司在2024年第一季度繼續積壓合同項目,同時通過新項目銷售增加積壓的合同項目。該公司已將待辦事項管理到有可能快速轉換爲收入的水平,同時仍保持我們最高的執行標準。太陽能聯盟相信,這個積壓的太陽能項目,加上強勁的銷售渠道,爲2024年剩餘時間奠定了堅實的基礎。

Small and medium-sized project growth accelerates. A key component for small businesses wanting to reduce utility costs are Rural Energy for America Program ("REAP") grants and loans from the United States Department of Agriculture ("USDA"). Supported by funding from the U.S. Inflation Reduction Act, REAP promotes lower energy costs and resilience while opening new income opportunities for the rural small businesses and agri-businesses the USDA serves.

中小型項目增長加速。想要降低公用事業成本的小企業的關鍵組成部分是美國農業部(“USDA”)的美國農村能源計劃(“REAP”)撥款和貸款。在美國《減少通貨膨脹法》的資助下,REAP促進了較低的能源成本和彈性,同時爲美國農業部服務的農村小型企業和農業綜合企業開闢了新的收入機會。

Solar Alliance has dedicated sales resources to supporting the increased demand created by the REAP program and has signed several small and medium-sized projects as a result. These projects are in addition to the sales funnel of larger projects the Company continues to pursue.

太陽能聯盟擁有專門的銷售資源來支持REAP計劃創造的不斷增長的需求,並因此簽署了多箇中小型項目。這些項目是對公司繼續開展的大型項目的銷售渠道的補充。

  • During Q1, 2024 Solar Alliance sold or completed the installation of small, rural businesses with more than $1 million in capital costs. Those projects include:
    • A 113-kilowatt ("kW") solar system for a Tennessee manufacturer with a capital cost of $305,000.
    • A 28-kW, $195,000 solar and energy storage system for a farm in Tennessee.
    • A 49-kW, $266,000 commercial solar and energy storage system in Tennessee.
    • A 92-kW, $269,000 commercial solar system in Tennessee.
  • Solar Alliance worked with clients to submit $1.1 million in USDA grant-supported projects in March 2024. The Company is also working with clients to submit projects with a combined $1.3 million capital cost for the June 2024 grant submission deadline. These submitted projects are subject to approval by the USDA.
  • 在第一季度,太陽能聯盟出售或完成了資本成本超過100萬美元的小型農村企業的安裝。這些項目包括:
    • 爲田納西州一家制造商提供113千瓦(“kW”)的太陽能系統,資本成本爲30.5萬美元。
    • 一套28千瓦、價值19.5萬美元的太陽能和儲能系統,用於田納西州的一個農場。
    • 位於田納西州的49千瓦、價值26.6萬美元的商用太陽能和儲能系統。
    • 田納西州一個92千瓦、價值26.9萬美元的商用太陽能系統。
  • 太陽能聯盟與客戶合作,於2024年3月提交了由美國農業部撥款支持的110萬美元項目。該公司還與客戶合作,在2024年6月的撥款提交截止日期之前提交總資本成本爲130萬澳元的項目。這些提交的項目需要獲得美國農業部的批准。

"A steady stream of REAP eligible projects is good for our business and a tremendous benefit for businesses in rural communities," said U.S. General Manager Jon Hamilton. "Our clients are benefiting from the best combination of incentives for solar in our area, they are bringing federal money into their communities, and they are also demonstrating to other businesses that solar with energy storage can positively impact their bottom line."

美國總經理喬恩·漢密爾頓說:“源源不斷的符合REAP條件的項目對我們的業務有利,也爲農村社區的企業帶來了巨大的好處。”“我們的客戶受益於我們地區最佳的太陽能激勵措施組合,他們正在將聯邦資金帶入社區,他們還向其他企業表明,帶儲能功能的太陽能可以對他們的利潤產生積極影響。”

BC Call for Power. In British Columbia, Canada, the utility BC Hydro formally launched the 2024 Call for Power on April 3, 2024. The Company has maintained a legacy wind project in the province and will be reviewing the RFP and any opportunities to participate.

不列顛哥倫比亞省權力呼籲。在加拿大不列顛哥倫比亞省,公用事業公司BC Hydro於2024年4月3日正式啓動了2024年電力征集。該公司在該省保留了一個傳統的風能項目,並將審查RFP和任何參與機會。

"Solar Alliance continues to see increasing demand for commercial solar in the Southeast U.S. As a first mover in the market, we combine the stability of an operating business with exposure to a vast addressable market for our product offering. We also continue to look for additional opportunities in the broader renewable energy sector," concluded Clark.

“太陽能聯盟繼續看到美國東南部對商用太陽能的需求不斷增長。作爲市場的先行者,我們將運營業務的穩定性與產品在廣闊潛在市場的敞口相結合。我們還將繼續在更廣泛的可再生能源領域尋找更多機會,” 克拉克總結道。

Myke Clark, CEO

邁克·克拉克,首席執行官

For more information:
Investor Relations
Myke Clark, CEO
416-848-7744
mclark@solaralliance.com
欲了解更多信息:
投資者關係
邁克·克拉克,首席執行官
416-848-7744
mclark@solaralliance.com

About Solar Alliance Energy Inc. ()

關於太陽能聯盟能源公司 ()

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.

Solar Alliance 是一家能源解決方案提供商,專注於商業、公用事業和社區太陽能領域。我們經驗豐富的太陽能專業團隊可減少或消除客戶對能源成本上漲的脆弱性,提供環保的發電來源,並提供經濟實惠的交鑰匙清潔能源解決方案。Solar Alliance的戰略是建造、擁有和運營我們自己的太陽能資產,同時通過向商業和公用事業客戶出售和安裝太陽能項目來創造穩定的收入。該公司目前在紐約擁有兩個正在運營的太陽能項目,並積極尋找機會擴大其所有權渠道。這種合併的商業模式帶來的技術和運營協同效應支持太陽能項目價值鏈從設計、工程、安裝、所有權和運營/維護的持續增長。

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 565-kW and 872 KW Tennessee solar project; the commitment to growing the Company's business with an emphasis on profitability; the targeting and focus on larger customers and solar projects; the potential to rapidly convert the Company's backlog of solar projects to revenue; 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 2024. Consequently, actual results may vary materially from those described in the forward-looking statements.

本新聞稿中的陳述,除純粹的歷史信息外,包括與公司未來計劃和目標或預期業績有關的陳述,均構成前瞻性陳述。“將”、“將”、“預期” 和 “估計” 等詞語或其他類似的詞語和短語旨在識別前瞻性信息。前瞻性信息受已知和未知風險、不確定性和其他因素的影響,這些因素可能導致公司的實際業績、活動水平、業績或成就與此類前瞻性信息所表達或暗示的業績存在重大差異。這些因素包括但不限於:與籌集足夠資金的能力相關的不確定性;經濟狀況或金融市場的變化;訴訟、立法或其他司法、監管、立法和政治競爭的發展;技術或運營困難;維持收入增長的能力;執行公司戰略的能力;完成公司當前和積壓太陽能項目的能力;增加公司市場份額的能力;高增長的美國太陽能行業;那個將積壓的項目轉化爲收入的能力;565千瓦的預計施工和完工時間;以及 田納西州 872 千瓦太陽能項目;承諾以盈利能力爲重點發展公司業務;瞄準並專注於大型客戶和太陽能項目;快速將公司積壓的太陽能項目轉化爲收入的潛力;預測和抵消 COVID-19 對公司業務影響的能力,包括但不限於 COVID-19 對建築業、資本市場狀況、勞動力限制、國際旅行和供應鏈的影響;潛在的公司業務增長在2024年實現關鍵目標的機會和能力。因此,實際結果可能與前瞻性陳述中描述的結果存在重大差異。

"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."

“多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。”


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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