Solar Alliance completes first solar projects in New York
- Solar Alliance Energy, a commercial and utility solar contractor, has actually completed the building as well as got to operations on its very first two solar projects in New york city.
VC1, a 298-kW project located in Cazenovia, and also US1, a 389-kW project in Union Springs, have actually both obtained permission to run as well as are now generating clean, eco-friendly power under lasting power purchase agreements with the local communities.
" Solar Alliance is now the proud proprietor of 2 operating solar projects in New York as we finished up 2022 by achieving commercial operation on US1 and also VC1," said CEO Myke Clark. "These 2 projects represent proof-of-concept for our asset ownership approach and stand for a solid structure to aggressively grow our portfolio of assets under ownership in 2023 as well as beyond."
Solar Alliance videotaped its largest quarterly revenue in company background throughout Q3, 2022, and also has developed a substantial backlog of acquired projects.
"The just recently passed Inflation Reduction Act in the united state is driving increased financial investment possibilities for the projects Solar Alliance is creating and these New york city projects are an archetype of the benefits of the legislation. Integrated with the expanding revenue stream from our installment division, the energizing of these projects is a key catalyst for the next phase in our development," wrapped up Clark.
