Solar Alliance Energy Inc. announced it has signed contracts for the design, engineering, and construction of two commercial solar projects for a client in Tennessee. The first project is a ground mount system with a capacity of 250-kilowatts ("kW") and a capital cost of $720,000. The second project is a ground mounted system with a capacity of 299-kW and a capital cost of $860,000.

The two projects, which are being constructed at separate facilities, are scheduled to begin construction in third quarter of 2023 and are currently targeted for completion in first quarter of 2024. The two projects contribute to a backlog of contracted projects that now totals $6.1 million, including the following previously announced contracts: A 565-kW commercial solar project for a manufacturing client in Tennessee. The project, with a $1.47 million capital cost, is scheduled to begin construction in Third Quarter 2023 and is currently targeted for completion by the end of 2023.

An 872-kW solar project in Tennessee announced on February 13, 2023, with a $1.8 million capital cost. Design and engineering on the project began in Second Quarter 2023 with completion targeted by the end of 2023.