VANCOUVER, BC and SAN DIEGO, USA--(Marketwired - September 26, 2016) - Solar Alliance Energy, Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: SAN) (OTCQB: SAENF) is pleased to announce its Clinton Global Initiative (CGI) Commitment to Action called "From Coal to Solar & Storage: Education Through Innovation" was featured during the breakout session "How Energy Can Spark Global Prosperity". CGI - an initiative of the Bill, Hillary & Chelsea Clinton Foundation - convenes global leaders to create and implement innovative solutions to the world's most pressing challenges.
At the 2016 CGI Annual Meeting in New York, Solar Alliance announced its commitment to build an economic 500 kW community solar generation and battery storage project in Southern Illinois that will include a solar industry workforce redevelopment program for unemployed former coal industry workers.
"Solar energy can serve as a vehicle for change, helping transform communities burdened with high energy costs and high unemployment into centers of innovation, prosperity, and hope," said Solar Alliance Chairman and CEO Jason Bak, who has been a member of the Clinton Global Initiative since 2006. "This project will target a community in Illinois impacted by high electricity rates and high unemployment in the coal sector. The pilot project will strengthen the community by providing clean solar power, resilient battery backup, and lower electricity costs, while building capacity and providing a high value skill set to an underemployed workforce."
This commitment addresses several interconnected issues: the high cost of energy, underemployment in the coal industry, air pollution caused by fossil fuel-burning power plants, rising greenhouse gas (GHG) emissions, and the need to integrate renewable energy sources into utility systems. Among basic necessities, increases in residential energy costs have the most regressive impact on low-income households.
"This commitment represents an incredible opportunity to help transition underemployed coal workers into the solar industry and develop new skills. Solar Alliance believes solar energy -- residential, commercial and industrial -- will play a critical role in transforming the energy landscape in the United States. Our goal is to is to install solar on every available rooftop in America and ensure everyone experiences the benefits of that solar transformation," concluded Chairman and CEO Bak.
Solar Alliance will work with CGI members to garner further support from funding partners, government agencies and community groups interested in supporting this important project.
The Commitment details can be view at: https://www.clintonfoundation.org/clinton-global-initiative/commitments/coal-solar-storage-education-through-innovation
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world's most pressing challenges. CGI Annual Meetings have brought together 190 sitting and former heads of state, more than 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 3,600 Commitments to Action, which have improved the lives of over 435 million people in more than 180 countries. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.
Jason Bak, Chairman and CEO
About Solar Alliance Energy Inc. (www.solaralliance.com)
Solar Alliance is a sales and marketing firm focused on residential, commercial and industrial solar installations. Since we were founded in 2003, we have developed wind and solar projects that provide enough electricity to power 150,000 homes. Solar Alliance is committed to an exceptional customer experience, effective marketing campaigns and superior lead generation in order to drive sales and generate value for shareholders. Our passion is improving life through ingenuity, simplicity and freedom of choice. We make solar simple and our goal is to install solar on every available rooftop in America.
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. The words "would", "will", "expected" and "estimated" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the ability to raise sufficient capital, changes in economic conditions or financial markets, litigation, legislative or other judicial, regulatory and political competitive developments and technological or operational difficulties. Consequently, actual results may vary materially from those described in the forward-looking statements.
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