Solar Alliance expands operations to Colorado

October 11, 2016

Solar Alliance Energy, Inc. (‘Solar Alliance’) or (the ‘Company’) (TSX-V: SAN, OTCQB: SAENF) is pleased to announce the expansion of its residential, commercial and industrial solar sales and installations into Colorado. Solar Alliance is opening an office in Denver that will service the state and local hiring for sales positions is now underway. 

“We are excited to continue our U.S. expansion with this move into the Colorado solar market,” said Solar Alliance President Alex Tiller. “Thousands of our satisfied customers in California have benefited from the switch to low cost solar systems for their homes and we are committed to providing that same exceptional customer experience in Colorado.”

Colorado is an attractive niche market for solar and marks the first state outside of California the Company is expanding into. According to the Solar Energy Industry Association:

  • Colorado installed 146 MW of solar electric capacity in 2015.
  • Installed solar capacity in Colorado grew by 117% over the previous year.
  • The 599 MW of solar energy currently installed in Colorado is enough solar energy installed in the state to power 114,000 homes.
  • Over the next five years, Colorado is expected to install 1,878 MW of solar electric capacity. This amount is more than 5 times the amount of solar installed over the last five years. 

Solar Alliance’s expansion into Colorado is part of the Company’s broader expansion strategy that also includes the opening of a new office in Riverside County, California in September and the launch of a Commercial and Industrial Solar Division in July.

“Our expansion strategy is designed to drive increased revenues in a sustainable manner and has been successful to date, with revenues in September up more than 265% since February this year,” concluded Chairman and CEO Jason Bak. ”The addition of the Colorado office to the Solar Alliance team, combined with our California expansion and commercial division launch, will provide Solar Alliance with increased market diversification as we pursue our goal of installing solar on every available rooftop in America.”