Solar Alliance Energy (TSE:SOLR) has released an update.
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Solar Alliance Energy Inc. is poised for significant growth in 2024, with a strong project pipeline that includes over $2.3 million in contracted backlog and $3.7 million in pending solar grant applications. The company has recently secured contracts for solar projects totaling $615,000 in the Southeast U.S., expanding its regional footprint and reinforcing its commitment to supporting rural businesses transitioning to solar energy. These developments underscore the company’s strategy to diversify its project scale and target multi-megawatt opportunities, leveraging its installation experience and brand recognition.
For further insights into TSE:SOLR stock, check out TipRanks’ Stock Analysis page.
