Solar Alliance Energy (TSE:SOLR) has released an update.
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Solar Alliance Energy Inc. is pursuing larger renewable energy contracts in the Southeast US, aiming for higher-value projects and improved profit margins. Despite a decrease in revenue for Q3 2024, the company secured a significant $3.7 million solar project in Kentucky, reflecting its strategic shift towards larger scale operations. The completion of a solar and battery storage system in Tennessee further demonstrates the company’s capacity to deliver complex renewable solutions.
For further insights into TSE:SOLR stock, check out TipRanks’ Stock Analysis page.
