Profitable micro-cap solar stock signs $3.7M deal | 2024-10-28 | Investing News

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  • Solar Alliance Energy (TSXV:SOLR), a micro-cap solar energy stock, will design, engineer and install a $3.7 million, 1,496-kilowatt solar project for a client in Kentucky
  • The company achieved a net profit in the first half of 2024
  • Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors
  • Solar Alliance Energy stock has given back 10 per cent year-over-year, but remains up by 12.5 per cent since 2019

Solar Alliance Energy (TSXV:SOLR), a micro-cap solar energy stock, will design, engineer and install a $3.7 million, 1,496-kilowatt solar project for a client in Kentucky.

Construction will begin in November 2024 on two sites with targeted completion dates of year-end 2024 and March 2025, respectively.

The news follows the signing of $775,000 in new projects announced in July spread across Tennessee and Kentucky.

The solar company has grown revenue by 3.39…

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