US1, a 389-kW solar energy facility located in the Village of Union Springs, Cayuga County, is expected to achieve its COD in December 2022. VC1, a 298-kilowatt (“kW”) solar energy facility located in the Village of Cazenovia, Madison County, is expected to achieve its Commercial Operation Date (“COD”) by November 30, 2022. New York solar projects near completion – Construction continued on Solar Alliance’s two projects in New York State.These strong results are further supported by the recently passed Inflation Reduction Act in the United States which includes significant climate initiatives, and which is expected to drive long-term growth in the solar industry and contains several provisions that projects to directly benefit Solar Alliance and our customers,” said Clark. “In addition to this strong revenue growth, we have almost completed construction on our two company-owned solar projects in New York. “Our transition to larger commercial and utility projects has resulted in strong growth and a substantial backlog of projects under contract.” “Solar Alliance continued to successfully execute on our strategy as our team delivered the highest revenue quarter in our company’s history,” said CEO Myke Clark. The next issue of Financial Post Top Stories will soon be in your inbox. If you don't see it, please check your junk folder.
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