VANCOUVER, BC and SAN DIEGO, CA--(Marketwired - October 11, 2016) - Solar Alliance Energy, Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: 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."
Candidates interested in employment opportunities in Denver can check out our website: www.solaralliance.com/opening/careers
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.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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