Solar Alliance （OTCPK:SAENF） has signed contracts for the design, engineering, and construction of two commercial solar projects for a client in Tennessee, with a total capital cost of $530,000.
The two projects contribute to a backlog of contracted projects that now totals $6.6 million and are scheduled to begin construction in Q3 2023 and are currently targeted for completion by the end of 2023.
The first project is a rooftop system with a capacity of 131-kilowatts and a capital cost of $380,000.
The second project is a rooftop system with a capacity of 43-kW and a capital cost of $150,000.
“This backlog, which is the largest Solar Alliance has ever experienced in commercial solar, provides a strong foundation for continued growth this year and into 2024,” CEO Myke Clark said.
