Solar Alliance Energy (SOLR) 주식 개요는 자회사와 함께 캐나다에서 에너지 솔루션을 제공합니다. 자세히 보기SOLR 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성0/6배당0/6위험 분석cash runway 경력이 1년 미만입니다.지난 3개월 동안 주가 변동성이 Canadian 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(CA$3M)마이너스 주주 지분+ 위험 1건 추가모든 위험 점검 보기SOLR Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.0176.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6m8m2016201920222025202620282031Revenue CA$7.7mEarnings CA$1.0mAdvancedSet Fair ValueView all narrativesSolar Alliance Energy Inc. 경쟁사ReVolve Renewable PowerSymbol: CNSX:REVVMarket cap: CA$15.1mClear Blue Technologies InternationalSymbol: TSXV:CBLUMarket cap: CA$4.5mPolaris Renewable EnergySymbol: TSX:PIFMarket cap: CA$271.9mBitzero HoldingsSymbol: CNSX:BITZ.UMarket cap: US$271.8m가격 이력 및 성과Solar Alliance Energy 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$0.0152주 최고가CA$0.02552주 최저가CA$0.005베타1.051개월 변동-33.33%3개월 변동-33.33%1년 변동n/a3년 변동-87.50%5년 변동-96.83%IPO 이후 변동-99.85%최근 뉴스 및 업데이트Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Member of Advisory Board Rob Roberti was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Dec 19Solar Alliance Energy Inc. Appoints Erik Melang as Sales DirectorSolar Alliance Energy Inc. announced the appointment of Erik Melang as Sales Director as the Company prepares for growth in 2026. Melang, former owner of Distributive Solar, brings both the Distributive Solar and Nashville Solar Works brands under the Solar Alliance umbrella, extending the company's reach throughout the Southeastern United States. Melang brings an executive level of expertise in the commercial solar industry, having developed numerous projects across the Southeast. He holds an MBA from Appalachian State University and a NABCEP Associate certification. Earlier in his career he served as a Sustainability Officer at a broker-dealer and as Vice President of Investments at Raymond James. He has served on the board of Intentional Endowments and is a frequent public speaker and writer on clean energy topics.Reported Earnings • Dec 03Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2024)Third quarter 2025 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2024). Revenue: CA$656.9k (down 31% from 3Q 2024). Net loss: CA$445.2k (loss widened 62% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.공시 • Nov 22Solar Alliance Energy Inc. Announces Board and Executive ChangesSolar Alliance Energy Inc. announced that Jawad Chughtai, the Company's Chief Financial Officer, has been appointed as Corporate Secretary. Mr. Chughtai, who joined Solar Alliance as Chief Financial Officer earlier this year, is an Associate Member of the Institute of Chartered Accountants England and Wales (ICAEW) and a fellow member of the Association of Chartered Certified Accountants (ACCA). He brings more than 10 years of experience in Finance, Audit, Risk Management and Internal Controls to his expanded responsibilities as Corporate Secretary. Monique Hutchins, the former Corporate Secretary of the Company, and Anton Shihoff, a director of the Company, have resigned from the Company to pursue other business interests.Reported Earnings • Sep 04Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: CA$0.001 loss per share (in line with 2Q 2024). Revenue: CA$849.5k (up 19% from 2Q 2024). Net loss: CA$234.9k (loss widened 17% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 01Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.004 profit in 3Q 2023)Third quarter 2024 results: CA$0.001 loss per share (down from CA$0.004 profit in 3Q 2023). Revenue: CA$945.3k (down 61% from 3Q 2023). Net loss: CA$274.5k (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.더 많은 업데이트 보기Recent updatesBoard Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Member of Advisory Board Rob Roberti was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Dec 19Solar Alliance Energy Inc. Appoints Erik Melang as Sales DirectorSolar Alliance Energy Inc. announced the appointment of Erik Melang as Sales Director as the Company prepares for growth in 2026. Melang, former owner of Distributive Solar, brings both the Distributive Solar and Nashville Solar Works brands under the Solar Alliance umbrella, extending the company's reach throughout the Southeastern United States. Melang brings an executive level of expertise in the commercial solar industry, having developed numerous projects across the Southeast. He holds an MBA from Appalachian State University and a NABCEP Associate certification. Earlier in his career he served as a Sustainability Officer at a broker-dealer and as Vice President of Investments at Raymond James. He has served on the board of Intentional Endowments and is a frequent public speaker and writer on clean energy topics.Reported Earnings • Dec 03Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2024)Third quarter 2025 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2024). Revenue: CA$656.9k (down 31% from 3Q 2024). Net loss: CA$445.2k (loss widened 62% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.공시 • Nov 22Solar Alliance Energy Inc. Announces Board and Executive ChangesSolar Alliance Energy Inc. announced that Jawad Chughtai, the Company's Chief Financial Officer, has been appointed as Corporate Secretary. Mr. Chughtai, who joined Solar Alliance as Chief Financial Officer earlier this year, is an Associate Member of the Institute of Chartered Accountants England and Wales (ICAEW) and a fellow member of the Association of Chartered Certified Accountants (ACCA). He brings more than 10 years of experience in Finance, Audit, Risk Management and Internal Controls to his expanded responsibilities as Corporate Secretary. Monique Hutchins, the former Corporate Secretary of the Company, and Anton Shihoff, a director of the Company, have resigned from the Company to pursue other business interests.Reported Earnings • Sep 04Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: CA$0.001 loss per share (in line with 2Q 2024). Revenue: CA$849.5k (up 19% from 2Q 2024). Net loss: CA$234.9k (loss widened 17% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 01Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.004 profit in 3Q 2023)Third quarter 2024 results: CA$0.001 loss per share (down from CA$0.004 profit in 3Q 2023). Revenue: CA$945.3k (down 61% from 3Q 2023). Net loss: CA$274.5k (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.New Risk • Nov 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$2.0m). Market cap is less than US$10m (CA$10.3m market cap, or US$7.32m). Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding).공시 • Oct 18+ 1 more updateSolar Alliance Energy Inc. Announces CEO ChangesSolar Alliance Energy Inc. announces the resignation of Michael Clark as CEO, and the appointment of Brian Timmons as CEO, both effective October 18, 2024. Mr. Clark is leaving Solar Alliance to pursue other opportunities and will assist the Company to ensure a seamless transition. Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking, healthcare technology, bioscience, alternative energy and resource companies, telecoms and software IT. A number of these were entrepreneurial, early stage companies, in which he led the process of raising significant levels of finance to fund ambitious growth targets. Mr. Timmons has been the Chairman of the Solar Alliance Board of Directors since February, 2022 and has been integral to the Company’s recent growth and large project execution strategy.공시 • Oct 03Solar Alliance Energy Inc., Annual General Meeting, Dec 13, 2024Solar Alliance Energy Inc., Annual General Meeting, Dec 13, 2024.Reported Earnings • Sep 01Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2023)Second quarter 2024 results: CA$0.001 loss per share (in line with 2Q 2023). Revenue: CA$711.5k (down 51% from 2Q 2023). Net loss: CA$200.3k (loss narrowed 17% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.공시 • Aug 01Solar Alliance Energy Inc. announced that it has received CAD 0.7 million in fundingOn July 31, 2024, Solar Alliance Energy Inc. closed the transaction. The company has now issued total 14,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 700,000 in the transaction. The company has issued 1,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 50,000 in its third and final tranche closing. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$12.8m market cap, or US$9.38m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding).Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: CA$0.001 (vs CA$0.005 loss in 1Q 2023)First quarter 2024 results: EPS: CA$0.001 (up from CA$0.005 loss in 1Q 2023). Revenue: CA$1.66m (up 71% from 1Q 2023). Net income: CA$201.8k (up CA$1.62m from 1Q 2023). Profit margin: 12% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.공시 • May 16Solar Alliance Energy Inc. announced that it expects to receive CAD 1 million in fundingSolar Alliance Energy Inc. announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 1,000,000 on June 20, 2024. Each unit will be comprised of one common share of the company and one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of CAD 0.07 per warrant share at any time for a period of thirty-six (36) months following the closing of the offering. Completion of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. The transaction is expected to close on or about June 20, 2024 or such other date or dates that that the company may determine.Reported Earnings • May 01Full year 2023 earnings released: CA$0.007 loss per share (vs CA$0.01 loss in FY 2022)Full year 2023 results: CA$0.007 loss per share (improved from CA$0.01 loss in FY 2022). Revenue: CA$7.47m (up 55% from FY 2022). Net loss: CA$1.81m (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.New Risk • Apr 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$689k free cash flow). Negative equity (-CA$1.4m). Market cap is less than US$10m (CA$13.7m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (CA$5.3m revenue, or US$3.8m).New Risk • Dec 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$689k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$1.4m). Market cap is less than US$10m (CA$9.62m market cap, or US$7.11m). Minor Risk Revenue is less than US$5m (CA$5.3m revenue, or US$3.9m).Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.001 loss in 3Q 2022)Third quarter 2023 results: EPS: CA$0.004 (up from CA$0.001 loss in 3Q 2022). Revenue: CA$2.41m (down 13% from 3Q 2022). Net income: CA$975.7k (up CA$1.20m from 3Q 2022). Profit margin: 41% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Oct 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$13.7m market cap, or US$9.97m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (CA$5.6m revenue, or US$4.1m).New Risk • Oct 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$12.4m market cap, or US$9.02m). Minor Risk Revenue is less than US$5m (CA$5.6m revenue, or US$4.1m).Reported Earnings • Aug 24Second quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2022)Second quarter 2023 results: CA$0.001 loss per share (in line with 2Q 2022). Revenue: CA$1.45m (up 51% from 2Q 2022). Net loss: CA$240.5k (loss widened 16% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.공시 • Jun 22An Unknown buyer acquired 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. for $0.97 million.An Unknown buyer acquired 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. for $0.97 million on June 21, 2023. The sale of the interest in the Projects was completed through the settlement of a promissory note due to the acquirer that had a principal and interest balance of $0.97336072 million, eliminating this obligation from Solar Alliance’s balance sheet. Solar Alliance will maintain a 33% interest in the two projects (the “Projects”), enabling the Company to continue to benefit from the economics of the Projects. An Unknown buyer completed the acquisition of 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. on June 21, 2023.Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in 1Q 2022)First quarter 2023 results: CA$0.005 loss per share (further deteriorated from CA$0.004 loss in 1Q 2022). Revenue: CA$974.6k (up 47% from 1Q 2022). Net loss: CA$1.42m (loss widened 47% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 02Full year 2022 earnings released: CA$0.01 loss per share (vs CA$0.002 loss in FY 2021)Full year 2022 results: CA$0.01 loss per share (further deteriorated from CA$0.002 loss in FY 2021). Revenue: CA$4.83m (up 32% from FY 2021). Net loss: CA$2.75m (loss widened CA$2.30m from FY 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 06Solar Alliance Energy Inc., Annual General Meeting, Mar 21, 2023Solar Alliance Energy Inc., Annual General Meeting, Mar 21, 2023.Reported Earnings • Nov 23Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 3Q 2021)Third quarter 2022 results: CA$0.001 loss per share (improved from CA$0.002 loss in 3Q 2021). Revenue: CA$2.75m (up CA$2.50m from 3Q 2021). Net loss: CA$220.5k (loss narrowed 65% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 26Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 2Q 2021)Second quarter 2022 results: CA$0.001 loss per share (up from CA$0.002 loss in 2Q 2021). Revenue: CA$964.5k (down 32% from 2Q 2021). Net loss: CA$208.3k (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.공시 • Jul 28Solar Alliance Completes Construction of 500-Kw Utility Solar Project for LG&E and Ku in KentuckySolar Alliance Energy Inc. announce the Company has completed construction of a 500-kilowatt solar project in Kentucky for Louisville Gas and Electric Company and Kentucky Utilities Company. The project, the fifth section of LG&E and KU’s Solar Share facility, is now operational and part of a subscription-based program available to residential, business and industrial customers who want to support local solar energy. This project represents a total of 1.5 megawatts of photovoltaic infrastructure engineered and installed by Solar Alliance for the utilities. The contract for this project includes an option for LG&E and KU to select Solar Alliance to build an additional 500-kW system at the same location. LG&E and KU’s Solar Share program is leading the way for individuals and businesses to become part of the clean energy transition without the need for up-front costs – for as little as 20 cents per day. Those who enroll in Solar Share can earn credits on monthly utility bills based on their subscription level or use the gifting option to transfer the monthly credits to another customer or community organization in the utilities’ service areas. This project is the latest to be completed in Kentucky, which remains a geographic focus for Solar Alliance. The growing portfolio of projects in Kentucky is supported by the growing and strong partnership built with Boyd CAT, the authorized dealer of Cat® solar equipment for businesses and contractors across Kentucky, Southern Indiana, West Virginia and Southeastern Ohio.Reported Earnings • May 04Full year 2021 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in FY 2020)Full year 2021 results: CA$0.002 loss per share (up from CA$0.006 loss in FY 2020). Revenue: CA$3.67m (up 4.7% from FY 2020). Net loss: CA$448.9k (loss narrowed 67% from FY 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Feb 18Solar Alliance Announces Board ChangesSolar Alliance Energy Inc. announced that Brian Timmons has been appointed Chairman of the Company’s Board of Directors, effective immediately. Mr. Timmons was appointed to the Company’s Board of Directors on September 13th, 2021. Mr. Timmons replaces Michael Clark, who continues in his roles of Director, CEO and President of Solar Alliance. Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking (in Irish Life Assurance Co. and AIB Capital Markets PLC respectively), healthcare technology, bioscience, alternative energy and resource companies, e-commerce, telecoms and software IT.공시 • Feb 03Solar Alliance Energy Inc. (TSXV:SOLR) completed the acquisition of 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc.Solar Alliance Energy Inc. (TSXV:SOLR) signed a letter of intent to acquire a 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc. for $0.64 million on June 23, 2021. The net capital cost for the project is expected to be approximately $640,000 and will be financed by Solar Alliance either through construction debt, long term debt, equity and tax equity. Solar Alliance will own and operate under a 25-year power purchase agreement. Construction will commence in early 2022 and the project will have a Commercial Operation Date in Q2, 2022. Solar Alliance Energy Inc. (TSXV:SOLR) completed the acquisition of 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc. on February 2, 2022.분석 기사 • Dec 06We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, Solar Alliance Energy...Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2020). Revenue: CA$252.4k (down 52% from 3Q 2020). Net loss: CA$629.6k (loss widened 25% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 26Second quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$1.42m (up 4.3% from 2Q 2020). Net loss: CA$628.4k (loss widened 9.9% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year whereas the company’s share price has increased by 79% per year.공시 • Jun 22Solar Alliance Energy Inc. Completes 1 Megawatt Solar Share Project for LG&E/KU in KentuckySolar Alliance Energy Inc. announced construction has been completed at a one megawatt ("MW") solar project in Kentucky for Louisville Gas and Electric Company and Kentucky Utilities Company ("LG&E and KU"), part of the PPL Corporation family of companies. The solar system, which consists of Phase 3 and 4 of LG&E and KU's Solar Share facility in Simpsonville, is now fully operational and producing energy for subscribing customers. Solar Alliance worked with Boyd CAT, a regional Caterpillar dealer, on this and other projects as the two companies expand the portfolio of solar projects they are partnering on. A total of eight 500-kilowatt Solar Share sections are planned for the Simpsonville facility, for a total of 4 megawatts. Construction of each section is completed as each becomes fully subscribed. The utility is currently accepting enrollments for the fifth section, which is now nearly 80% subscribed.Reported Earnings • May 31First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.002 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CA$582.2k (down 6.9% from 1Q 2020). Net loss: CA$469.0k (down 230% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 03Full year 2020 earnings releasedThe company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$3.50m (up 59% from FY 2019). Net loss: CA$1.37m (loss narrowed 50% from FY 2019). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 78% per year, which means it is significantly lagging earnings growth.공시 • Mar 11Solar Alliance Signs Design Agreement for 56 Megawatt, USD 60 Million Illinois Solar Project and Commences Expansion Assessment for Up to 150 MegawattsSolar Alliance Energy Inc. signed Solar Design Agreement with Green Data Center Real Estate Inc. to commence design and detailed feasibility analysis on an initial 56-megawatt, USD 60 million ground and roof mount solar project at hyperscale data center in Illinois. The Agreement details a phased approach to Project development in order to assess the potential of increasing the project size. It is anticipated the data center will have sufficient electricity demand to support a solar project up to 150 MW. Under the Agreement, Solar Alliance and Green Data will determine the feasibility of a larger second phase of the Project while simultaneously advancing detailed design work on the initial 56 MW phase. Final costs for both phases will be determined and negotiated as part of a final construction agreement and Notice to Proceed. Under the terms of the Agreement, Green Data has granted Solar Alliance the option to provide equity to acquire up to 10% of the entire project. In consideration for the ownership option on the entire project, Solar Alliance will take on additional project development responsibilities including certain interconnection assessment activities, project finance participation and community engagement. Under the terms of the Design Agreement, Solar Alliance and Green Data will also: Determine potential to expand system size based on site constraints; Determine potential phasing of solar project construction based on data center power demand and data center construction schedule; and Agree financial model that illustrates project economics and provides the basis for a decision on Solar Alliance equity participation in the project. The design work for the solar system is being completed in tandem with the final design work for the data center. The final project size and capital cost will be determined as part of the design process and a final construction agreement will be negotiated in advance of Notice to Proceed. Advancement of the project is dependent on the design and engineering targets and the final approval of Green Data. This Agreement replaces the Letter of Intent signed with Green Data and announced on January 4, 2021. This is the second data center solar project Solar Alliance is pursuing with Green Data. On October 28, 2020 the Company signed a Design Agreement to commence design work on a 4.57-megawatt ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. The design work for the solar system is continuing and is being completed in tandem with the final design work for the data center. Illinois has increased its attractiveness for data center development with new state level incentives and now ranks 4th in the world for data center suitability, as reported by Cushman Wakefield. Recent data center announcements in Illinois include Facebook’s $800 million project in DeKalb, IL which increases the need for renewable energy substantially.공시 • Mar 04Solar Alliance Completes 2.4 MW, USD 2.7 Million Solar Project for BridgestoneSolar Alliance Energy Inc. announce that work has been completed at the 2.4 Megawatt (“MW”) commercial solar project (the ‘Project’) for Bridgestone Americas Inc. (“Bridgestone”), a subsidiary of Bridgestone Corporation, in South Carolina. This is the large solar project in the Company’s history and was constructed on a confidential basis until it was fully completed and operational. The Project, with a capital cost of USD 2.7 million, is powered by more than 7,000 solar modules and will generate almost 4 gigawatt hours (GWh) of electricity annually, equivalent to powering almost 600 homes and offseting 2,829 tons of carbon dioxide emission each year. The Project will also generate substantial electricity cost savings and the energy produced by the Project will be used entirely to offset usage within Bridgestone’s facility.공시 • Feb 19Solar Alliance Energy Inc. announced that it has received CAD 5.75253 million in fundingOn February 18, 2021, Solar Alliance Energy Inc. (TSXV:SOLR) closed the transaction. The company has issued 13,696,500 units at a price of CAD 0.42 per unit for gross proceeds of CAD 5,752,530. The company has received CAD 750,330 in its second tranche. The transaction included participation from CEO Michael Clark through 184,000 Units for CAD 77,280. The transaction was over-subscribed.Is New 90 Day High Low • Feb 10New 90-day high: CA$0.72The company is up 2,300% from its price of CA$0.03 on 11 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 16% over the same period.공시 • Feb 06Solar Alliance Energy Inc. announced that it has received CAD 5.0022 million in fundingOn February 5, 2021, Solar Alliance Energy Inc. (TSXV:SOLR) closed the transaction.공시 • Jan 31Solar Alliance Energy Inc. announced that it expects to receive CAD 5.0022 million in fundingSolar Alliance Energy Inc. (TSXV:SOLR) announced a non-brokered private placement of up to 11,910,000 units at a price of CAD 0.42 per unit for gross proceeds of up to CAD 5,0002,200 on January 29, 2021. Each unit will consist of one common share and one common share share purchase warrant. Each warrant will entitle the holder to purchase on share at a price of CAD 0.60 per share for a period of 24 months from the date of closing of the transaction. The agents have been provided an over-allotment option to purchase up to an additional 15% of the offering in units, exercisable in whole or in part at any time up to 48 hours prior to the closing date. The offering is expected to close on or about February 18, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The units to be issued under the offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Offering. In connection with the offering, the agent will receive a cash commission of 7.0% of the gross proceeds of the offering and that number of non-transferable compensation options as is equal to 7.0% of the aggregate number of units sold under the offering. Each compensation option is exercisable into one common share of the company at the issue price for a period of 24 months from the closing date of the offering.공시 • Jan 29Solar Alliance Energy Inc. Signs Contract with LG&E and KU for Additional 500-kW Solar ProjectSolar Alliance Energy Inc. announce it has signed a contract with Louisville Gas and Electric Company and Kentucky Utilities Company. On November 9th, Solar Alliance announced it had signed a contract for a 500-kW system that included an option for LG&E and KU to select Solar Alliance to build an additional 500-kW system at the same location. LG&E and KU exercised that option, and Solar Alliance will now build a combined 1-megawatt (“MW”) project for the customer. The two phases will be built simultaneously, and construction will commence in the spring of this year. The two projects represent sections three and four of LG&E and KU’s Solar Share Program, a cost-effective option available to the utilities’ residential, business and industrial customers who want to support solar energy for as little as 20 cents per day. A total of eight 500-kilowatt Solar Share sections are planned for the Simpsonville facility, for a total of four megawatts.Recent Insider Transactions Derivative • Jan 17President exercised options to buy CA$240k worth of stock.On the 14th of January, Michael Clark exercised options to buy 1.00m shares at a strike price of around CA$0.06, costing a total of CA$60k. This transaction amounted to 46% of their direct individual holding at the time of the trade. Since September 2020, Michael's direct individual holding has increased from 1.65m shares to 2.15m. Company insiders have collectively bought CA$125k more than they sold, via options and on-market transactions, in the last 12 months.Is New 90 Day High Low • Jan 13New 90-day high: CA$0.28The company is up 850% from its price of CA$0.03 on 14 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period.공시 • Jan 06Solar Alliance Signs Agreement for 56 Megawatt, USD 60 Million Solar ProjectSolar Alliance Energy Inc. announced it signed a binding Letter of Intent on January 4, 2021 with Green Data Center Real Estate Inc. for the design and construction of a 56 megawatt solar project located in Illinois. The project will include battery storage capabilities and generator-based backup power. The capital cost of the solar portion of the project is expected to be approximately USD 60 million. Under the terms of the Agreement Green Data is responsible for arranging project equity and debt and Solar Alliance has an option to provide up to 10% of the project equity. Preliminary design work is expected to begin in the first half of 2021 with a decision on a construction timeline being completed as part of that process. The project is expected to generate margins in the range of the Company’s other large-scale solar projects. The final project size and capital cost will be determined as part of the design process and a final construction agreement will be negotiated in advance of Notice to Proceed. A payment schedule will form part of the final construction agreement and will be disclosed on execution. Advancement of the project is dependent on the design and engineering targets and the final approval of Green Data and the completion of financing with solar investment tax equity. This is the second data center project Solar Alliance is pursuing with Green Data. On October 28, 2020 the Company signed a Design Agreement to commence design work on a 4.57-megawatt ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. The design work for the solar system is continuing and is being completed in tandem with the final design work for the data center.공시 • Jan 01Solar Alliance Energy Inc. Announces Executive ChangesSolar Alliance Energy Inc. announced that CEO Michael Clark has been appointed Chairman of the Company’s Board of Directors, effective immediately. Jason Bak has resigned as Chairman in order to pursue other opportunities and the Company wishes him well in his future endeavours. Anton Shihoff, Ken Stadlin and Bob Miller remain as members of the board of directors alongside Mr. Clark.공시 • Dec 15Solar Alliance Energy Inc., Annual General Meeting, Feb 10, 2021Solar Alliance Energy Inc., Annual General Meeting, Feb 10, 2021.Reported Earnings • Dec 01Third quarter 2020 earnings released: CA$0.002 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CA$530.4k (up 37% from 3Q 2019). Net loss: CA$504.2k (loss narrowed 7.5% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Nov 10Solar Alliance Energy Inc. Signs Contract for 500 KW Solar ProjectSolar Alliance Energy Inc. announced it has signed a contract to build a 500 kilowatt ("kW") solar system in Kentucky. The project is one of Solar Alliance's largest to date and is scheduled for construction in early 2021. The contract also includes an option for the customer to select Solar Alliance to build an additional 500 kW system at the same location. For contractual reasons, the identity of the customer is not being disclosed at this time.공시 • Oct 29Solar Alliance Energy Inc. Signs Design Contract for 4.6 Megawatt, $4.8 Million Illinois Solar ProjectSolar Alliance Energy Inc. announced it has signed an agreement ("Design Agreement") to commence design work on a 4.57-megawatt ("MW") ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. ("Green Data"). The design work for the solar system is being completed in tandem with the final design work for the data center. The capital cost of the solar project is expected to be approximately $4.8 million. The project would be Solar Alliance's largest to date and is expected to generate margins in the range of the Company's other large-scale solar projects. The final project size and capital cost will be determined as part of the design process. The Design Agreement was signed with S.M. Wilson & Co., the general contractor for the NuYen Enterprise Data Center being developed by Green Data. The Company previously signed a Letter of Intent ("LOI") with the predecessor company of Green Data for the design, engineering, procurement and construction management of the Murphysboro data center project. That LOI will be replaced with subsequent agreements, including this Design Agreement, and a construction agreement.주주 수익률SOLRCA Renewable EnergyCA 시장7D0%6.0%0.7%1Yn/a38.0%31.9%전체 주주 수익률 보기수익률 대 산업: SOLR의 Canadian Renewable Energy 산업 대비 성과를 판단하기에 데이터가 부족합니다.수익률 대 시장: SOLR의 Canadian 시장 대비 성과를 판단하기에 데이터가 부족합니다.주가 변동성Is SOLR's price volatile compared to industry and market?SOLR volatilitySOLR Average Weekly Movement39.4%Renewable Energy Industry Average Movement4.4%Market Average Movement10.2%10% most volatile stocks in CA Market17.7%10% least volatile stocks in CA Market3.9%안정적인 주가: SOLR의 주가는 지난 3개월 동안 Canadian 시장보다 변동성이 컸습니다.시간에 따른 변동성: SOLR의 주간 변동성(39%)은 지난 1년 동안 안정적이었지만 Canadian 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2003n/aBrian Timmonswww.solaralliance.com는 자회사와 함께 캐나다에서 에너지 솔루션을 제공합니다. 이 회사는 태양광 EPC 및 태양광 발전 부문을 통해 운영됩니다. 이 회사는 주로 상업용 및 산업용 태양광 프로젝트와 주거용 태양광 설치의 개발, 엔지니어링, 조달 및 시공에 중점을 두고 있습니다.더 보기Solar Alliance Energy Inc. 기초 지표 요약Solar Alliance Energy의 순이익과 매출은 시가총액과 어떻게 비교됩니까?SOLR 기초 통계시가총액CA$2.95m순이익 (TTM)-CA$1.57m매출 (TTM)CA$4.47m0.7x주가매출비율(P/S)-1.9x주가수익비율(P/E)SOLR는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표SOLR 손익계산서 (TTM)매출CA$4.47m매출원가CA$3.79m총이익CA$677.26k기타 비용CA$2.24m순이익-CA$1.57m최근 보고된 실적Sep 30, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.0053총이익률15.16%순이익률-35.09%부채/자본 비율-8.0%SOLR의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 21:07종가2026/05/05 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Solar Alliance Energy Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Megan MacNeillHaywood Securities Inc.
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Member of Advisory Board Rob Roberti was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Dec 19Solar Alliance Energy Inc. Appoints Erik Melang as Sales DirectorSolar Alliance Energy Inc. announced the appointment of Erik Melang as Sales Director as the Company prepares for growth in 2026. Melang, former owner of Distributive Solar, brings both the Distributive Solar and Nashville Solar Works brands under the Solar Alliance umbrella, extending the company's reach throughout the Southeastern United States. Melang brings an executive level of expertise in the commercial solar industry, having developed numerous projects across the Southeast. He holds an MBA from Appalachian State University and a NABCEP Associate certification. Earlier in his career he served as a Sustainability Officer at a broker-dealer and as Vice President of Investments at Raymond James. He has served on the board of Intentional Endowments and is a frequent public speaker and writer on clean energy topics.
Reported Earnings • Dec 03Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2024)Third quarter 2025 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2024). Revenue: CA$656.9k (down 31% from 3Q 2024). Net loss: CA$445.2k (loss widened 62% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
공시 • Nov 22Solar Alliance Energy Inc. Announces Board and Executive ChangesSolar Alliance Energy Inc. announced that Jawad Chughtai, the Company's Chief Financial Officer, has been appointed as Corporate Secretary. Mr. Chughtai, who joined Solar Alliance as Chief Financial Officer earlier this year, is an Associate Member of the Institute of Chartered Accountants England and Wales (ICAEW) and a fellow member of the Association of Chartered Certified Accountants (ACCA). He brings more than 10 years of experience in Finance, Audit, Risk Management and Internal Controls to his expanded responsibilities as Corporate Secretary. Monique Hutchins, the former Corporate Secretary of the Company, and Anton Shihoff, a director of the Company, have resigned from the Company to pursue other business interests.
Reported Earnings • Sep 04Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: CA$0.001 loss per share (in line with 2Q 2024). Revenue: CA$849.5k (up 19% from 2Q 2024). Net loss: CA$234.9k (loss widened 17% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 01Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.004 profit in 3Q 2023)Third quarter 2024 results: CA$0.001 loss per share (down from CA$0.004 profit in 3Q 2023). Revenue: CA$945.3k (down 61% from 3Q 2023). Net loss: CA$274.5k (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Member of Advisory Board Rob Roberti was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Dec 19Solar Alliance Energy Inc. Appoints Erik Melang as Sales DirectorSolar Alliance Energy Inc. announced the appointment of Erik Melang as Sales Director as the Company prepares for growth in 2026. Melang, former owner of Distributive Solar, brings both the Distributive Solar and Nashville Solar Works brands under the Solar Alliance umbrella, extending the company's reach throughout the Southeastern United States. Melang brings an executive level of expertise in the commercial solar industry, having developed numerous projects across the Southeast. He holds an MBA from Appalachian State University and a NABCEP Associate certification. Earlier in his career he served as a Sustainability Officer at a broker-dealer and as Vice President of Investments at Raymond James. He has served on the board of Intentional Endowments and is a frequent public speaker and writer on clean energy topics.
Reported Earnings • Dec 03Third quarter 2025 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2024)Third quarter 2025 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2024). Revenue: CA$656.9k (down 31% from 3Q 2024). Net loss: CA$445.2k (loss widened 62% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
공시 • Nov 22Solar Alliance Energy Inc. Announces Board and Executive ChangesSolar Alliance Energy Inc. announced that Jawad Chughtai, the Company's Chief Financial Officer, has been appointed as Corporate Secretary. Mr. Chughtai, who joined Solar Alliance as Chief Financial Officer earlier this year, is an Associate Member of the Institute of Chartered Accountants England and Wales (ICAEW) and a fellow member of the Association of Chartered Certified Accountants (ACCA). He brings more than 10 years of experience in Finance, Audit, Risk Management and Internal Controls to his expanded responsibilities as Corporate Secretary. Monique Hutchins, the former Corporate Secretary of the Company, and Anton Shihoff, a director of the Company, have resigned from the Company to pursue other business interests.
Reported Earnings • Sep 04Second quarter 2025 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: CA$0.001 loss per share (in line with 2Q 2024). Revenue: CA$849.5k (up 19% from 2Q 2024). Net loss: CA$234.9k (loss widened 17% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 01Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.004 profit in 3Q 2023)Third quarter 2024 results: CA$0.001 loss per share (down from CA$0.004 profit in 3Q 2023). Revenue: CA$945.3k (down 61% from 3Q 2023). Net loss: CA$274.5k (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
New Risk • Nov 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$2.0m). Market cap is less than US$10m (CA$10.3m market cap, or US$7.32m). Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding).
공시 • Oct 18+ 1 more updateSolar Alliance Energy Inc. Announces CEO ChangesSolar Alliance Energy Inc. announces the resignation of Michael Clark as CEO, and the appointment of Brian Timmons as CEO, both effective October 18, 2024. Mr. Clark is leaving Solar Alliance to pursue other opportunities and will assist the Company to ensure a seamless transition. Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking, healthcare technology, bioscience, alternative energy and resource companies, telecoms and software IT. A number of these were entrepreneurial, early stage companies, in which he led the process of raising significant levels of finance to fund ambitious growth targets. Mr. Timmons has been the Chairman of the Solar Alliance Board of Directors since February, 2022 and has been integral to the Company’s recent growth and large project execution strategy.
공시 • Oct 03Solar Alliance Energy Inc., Annual General Meeting, Dec 13, 2024Solar Alliance Energy Inc., Annual General Meeting, Dec 13, 2024.
Reported Earnings • Sep 01Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2023)Second quarter 2024 results: CA$0.001 loss per share (in line with 2Q 2023). Revenue: CA$711.5k (down 51% from 2Q 2023). Net loss: CA$200.3k (loss narrowed 17% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
공시 • Aug 01Solar Alliance Energy Inc. announced that it has received CAD 0.7 million in fundingOn July 31, 2024, Solar Alliance Energy Inc. closed the transaction. The company has now issued total 14,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 700,000 in the transaction. The company has issued 1,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of CAD 50,000 in its third and final tranche closing. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.
New Risk • Jul 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$12.8m market cap, or US$9.38m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding).
Reported Earnings • Jun 04First quarter 2024 earnings released: EPS: CA$0.001 (vs CA$0.005 loss in 1Q 2023)First quarter 2024 results: EPS: CA$0.001 (up from CA$0.005 loss in 1Q 2023). Revenue: CA$1.66m (up 71% from 1Q 2023). Net income: CA$201.8k (up CA$1.62m from 1Q 2023). Profit margin: 12% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
공시 • May 16Solar Alliance Energy Inc. announced that it expects to receive CAD 1 million in fundingSolar Alliance Energy Inc. announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 1,000,000 on June 20, 2024. Each unit will be comprised of one common share of the company and one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of CAD 0.07 per warrant share at any time for a period of thirty-six (36) months following the closing of the offering. Completion of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. The transaction is expected to close on or about June 20, 2024 or such other date or dates that that the company may determine.
Reported Earnings • May 01Full year 2023 earnings released: CA$0.007 loss per share (vs CA$0.01 loss in FY 2022)Full year 2023 results: CA$0.007 loss per share (improved from CA$0.01 loss in FY 2022). Revenue: CA$7.47m (up 55% from FY 2022). Net loss: CA$1.81m (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$689k free cash flow). Negative equity (-CA$1.4m). Market cap is less than US$10m (CA$13.7m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (CA$5.3m revenue, or US$3.8m).
New Risk • Dec 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$689k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-CA$1.4m). Market cap is less than US$10m (CA$9.62m market cap, or US$7.11m). Minor Risk Revenue is less than US$5m (CA$5.3m revenue, or US$3.9m).
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.001 loss in 3Q 2022)Third quarter 2023 results: EPS: CA$0.004 (up from CA$0.001 loss in 3Q 2022). Revenue: CA$2.41m (down 13% from 3Q 2022). Net income: CA$975.7k (up CA$1.20m from 3Q 2022). Profit margin: 41% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Oct 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$13.7m market cap, or US$9.97m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (CA$5.6m revenue, or US$4.1m).
New Risk • Oct 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$2.1m). Market cap is less than US$10m (CA$12.4m market cap, or US$9.02m). Minor Risk Revenue is less than US$5m (CA$5.6m revenue, or US$4.1m).
Reported Earnings • Aug 24Second quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2022)Second quarter 2023 results: CA$0.001 loss per share (in line with 2Q 2022). Revenue: CA$1.45m (up 51% from 2Q 2022). Net loss: CA$240.5k (loss widened 16% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
공시 • Jun 22An Unknown buyer acquired 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. for $0.97 million.An Unknown buyer acquired 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. for $0.97 million on June 21, 2023. The sale of the interest in the Projects was completed through the settlement of a promissory note due to the acquirer that had a principal and interest balance of $0.97336072 million, eliminating this obligation from Solar Alliance’s balance sheet. Solar Alliance will maintain a 33% interest in the two projects (the “Projects”), enabling the Company to continue to benefit from the economics of the Projects. An Unknown buyer completed the acquisition of 67% interest in Two operating solar projects of Solar Alliance Energy Inc. in New York from Solar Alliance Energy Inc. on June 21, 2023.
Reported Earnings • Jun 01First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in 1Q 2022)First quarter 2023 results: CA$0.005 loss per share (further deteriorated from CA$0.004 loss in 1Q 2022). Revenue: CA$974.6k (up 47% from 1Q 2022). Net loss: CA$1.42m (loss widened 47% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 02Full year 2022 earnings released: CA$0.01 loss per share (vs CA$0.002 loss in FY 2021)Full year 2022 results: CA$0.01 loss per share (further deteriorated from CA$0.002 loss in FY 2021). Revenue: CA$4.83m (up 32% from FY 2021). Net loss: CA$2.75m (loss widened CA$2.30m from FY 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 06Solar Alliance Energy Inc., Annual General Meeting, Mar 21, 2023Solar Alliance Energy Inc., Annual General Meeting, Mar 21, 2023.
Reported Earnings • Nov 23Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 3Q 2021)Third quarter 2022 results: CA$0.001 loss per share (improved from CA$0.002 loss in 3Q 2021). Revenue: CA$2.75m (up CA$2.50m from 3Q 2021). Net loss: CA$220.5k (loss narrowed 65% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 26Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 2Q 2021)Second quarter 2022 results: CA$0.001 loss per share (up from CA$0.002 loss in 2Q 2021). Revenue: CA$964.5k (down 32% from 2Q 2021). Net loss: CA$208.3k (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
공시 • Jul 28Solar Alliance Completes Construction of 500-Kw Utility Solar Project for LG&E and Ku in KentuckySolar Alliance Energy Inc. announce the Company has completed construction of a 500-kilowatt solar project in Kentucky for Louisville Gas and Electric Company and Kentucky Utilities Company. The project, the fifth section of LG&E and KU’s Solar Share facility, is now operational and part of a subscription-based program available to residential, business and industrial customers who want to support local solar energy. This project represents a total of 1.5 megawatts of photovoltaic infrastructure engineered and installed by Solar Alliance for the utilities. The contract for this project includes an option for LG&E and KU to select Solar Alliance to build an additional 500-kW system at the same location. LG&E and KU’s Solar Share program is leading the way for individuals and businesses to become part of the clean energy transition without the need for up-front costs – for as little as 20 cents per day. Those who enroll in Solar Share can earn credits on monthly utility bills based on their subscription level or use the gifting option to transfer the monthly credits to another customer or community organization in the utilities’ service areas. This project is the latest to be completed in Kentucky, which remains a geographic focus for Solar Alliance. The growing portfolio of projects in Kentucky is supported by the growing and strong partnership built with Boyd CAT, the authorized dealer of Cat® solar equipment for businesses and contractors across Kentucky, Southern Indiana, West Virginia and Southeastern Ohio.
Reported Earnings • May 04Full year 2021 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in FY 2020)Full year 2021 results: CA$0.002 loss per share (up from CA$0.006 loss in FY 2020). Revenue: CA$3.67m (up 4.7% from FY 2020). Net loss: CA$448.9k (loss narrowed 67% from FY 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Feb 18Solar Alliance Announces Board ChangesSolar Alliance Energy Inc. announced that Brian Timmons has been appointed Chairman of the Company’s Board of Directors, effective immediately. Mr. Timmons was appointed to the Company’s Board of Directors on September 13th, 2021. Mr. Timmons replaces Michael Clark, who continues in his roles of Director, CEO and President of Solar Alliance. Mr. Timmons is a Fellow of the Association of Chartered Certified Accountants, with over 30 years of experience in senior positions within companies across a range of industries, including fund management, investment banking (in Irish Life Assurance Co. and AIB Capital Markets PLC respectively), healthcare technology, bioscience, alternative energy and resource companies, e-commerce, telecoms and software IT.
공시 • Feb 03Solar Alliance Energy Inc. (TSXV:SOLR) completed the acquisition of 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc.Solar Alliance Energy Inc. (TSXV:SOLR) signed a letter of intent to acquire a 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc. for $0.64 million on June 23, 2021. The net capital cost for the project is expected to be approximately $640,000 and will be financed by Solar Alliance either through construction debt, long term debt, equity and tax equity. Solar Alliance will own and operate under a 25-year power purchase agreement. Construction will commence in early 2022 and the project will have a Commercial Operation Date in Q2, 2022. Solar Alliance Energy Inc. (TSXV:SOLR) completed the acquisition of 389 kilowatt Solar Project in New York State from Abundant Solar Power, Inc. on February 2, 2022.
분석 기사 • Dec 06We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth CarefullyWe can readily understand why investors are attracted to unprofitable companies. For example, Solar Alliance Energy...
Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2020). Revenue: CA$252.4k (down 52% from 3Q 2020). Net loss: CA$629.6k (loss widened 25% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 26Second quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$1.42m (up 4.3% from 2Q 2020). Net loss: CA$628.4k (loss widened 9.9% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year whereas the company’s share price has increased by 79% per year.
공시 • Jun 22Solar Alliance Energy Inc. Completes 1 Megawatt Solar Share Project for LG&E/KU in KentuckySolar Alliance Energy Inc. announced construction has been completed at a one megawatt ("MW") solar project in Kentucky for Louisville Gas and Electric Company and Kentucky Utilities Company ("LG&E and KU"), part of the PPL Corporation family of companies. The solar system, which consists of Phase 3 and 4 of LG&E and KU's Solar Share facility in Simpsonville, is now fully operational and producing energy for subscribing customers. Solar Alliance worked with Boyd CAT, a regional Caterpillar dealer, on this and other projects as the two companies expand the portfolio of solar projects they are partnering on. A total of eight 500-kilowatt Solar Share sections are planned for the Simpsonville facility, for a total of 4 megawatts. Construction of each section is completed as each becomes fully subscribed. The utility is currently accepting enrollments for the fifth section, which is now nearly 80% subscribed.
Reported Earnings • May 31First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.002 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CA$582.2k (down 6.9% from 1Q 2020). Net loss: CA$469.0k (down 230% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 03Full year 2020 earnings releasedThe company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$3.50m (up 59% from FY 2019). Net loss: CA$1.37m (loss narrowed 50% from FY 2019). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 78% per year, which means it is significantly lagging earnings growth.
공시 • Mar 11Solar Alliance Signs Design Agreement for 56 Megawatt, USD 60 Million Illinois Solar Project and Commences Expansion Assessment for Up to 150 MegawattsSolar Alliance Energy Inc. signed Solar Design Agreement with Green Data Center Real Estate Inc. to commence design and detailed feasibility analysis on an initial 56-megawatt, USD 60 million ground and roof mount solar project at hyperscale data center in Illinois. The Agreement details a phased approach to Project development in order to assess the potential of increasing the project size. It is anticipated the data center will have sufficient electricity demand to support a solar project up to 150 MW. Under the Agreement, Solar Alliance and Green Data will determine the feasibility of a larger second phase of the Project while simultaneously advancing detailed design work on the initial 56 MW phase. Final costs for both phases will be determined and negotiated as part of a final construction agreement and Notice to Proceed. Under the terms of the Agreement, Green Data has granted Solar Alliance the option to provide equity to acquire up to 10% of the entire project. In consideration for the ownership option on the entire project, Solar Alliance will take on additional project development responsibilities including certain interconnection assessment activities, project finance participation and community engagement. Under the terms of the Design Agreement, Solar Alliance and Green Data will also: Determine potential to expand system size based on site constraints; Determine potential phasing of solar project construction based on data center power demand and data center construction schedule; and Agree financial model that illustrates project economics and provides the basis for a decision on Solar Alliance equity participation in the project. The design work for the solar system is being completed in tandem with the final design work for the data center. The final project size and capital cost will be determined as part of the design process and a final construction agreement will be negotiated in advance of Notice to Proceed. Advancement of the project is dependent on the design and engineering targets and the final approval of Green Data. This Agreement replaces the Letter of Intent signed with Green Data and announced on January 4, 2021. This is the second data center solar project Solar Alliance is pursuing with Green Data. On October 28, 2020 the Company signed a Design Agreement to commence design work on a 4.57-megawatt ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. The design work for the solar system is continuing and is being completed in tandem with the final design work for the data center. Illinois has increased its attractiveness for data center development with new state level incentives and now ranks 4th in the world for data center suitability, as reported by Cushman Wakefield. Recent data center announcements in Illinois include Facebook’s $800 million project in DeKalb, IL which increases the need for renewable energy substantially.
공시 • Mar 04Solar Alliance Completes 2.4 MW, USD 2.7 Million Solar Project for BridgestoneSolar Alliance Energy Inc. announce that work has been completed at the 2.4 Megawatt (“MW”) commercial solar project (the ‘Project’) for Bridgestone Americas Inc. (“Bridgestone”), a subsidiary of Bridgestone Corporation, in South Carolina. This is the large solar project in the Company’s history and was constructed on a confidential basis until it was fully completed and operational. The Project, with a capital cost of USD 2.7 million, is powered by more than 7,000 solar modules and will generate almost 4 gigawatt hours (GWh) of electricity annually, equivalent to powering almost 600 homes and offseting 2,829 tons of carbon dioxide emission each year. The Project will also generate substantial electricity cost savings and the energy produced by the Project will be used entirely to offset usage within Bridgestone’s facility.
공시 • Feb 19Solar Alliance Energy Inc. announced that it has received CAD 5.75253 million in fundingOn February 18, 2021, Solar Alliance Energy Inc. (TSXV:SOLR) closed the transaction. The company has issued 13,696,500 units at a price of CAD 0.42 per unit for gross proceeds of CAD 5,752,530. The company has received CAD 750,330 in its second tranche. The transaction included participation from CEO Michael Clark through 184,000 Units for CAD 77,280. The transaction was over-subscribed.
Is New 90 Day High Low • Feb 10New 90-day high: CA$0.72The company is up 2,300% from its price of CA$0.03 on 11 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 16% over the same period.
공시 • Feb 06Solar Alliance Energy Inc. announced that it has received CAD 5.0022 million in fundingOn February 5, 2021, Solar Alliance Energy Inc. (TSXV:SOLR) closed the transaction.
공시 • Jan 31Solar Alliance Energy Inc. announced that it expects to receive CAD 5.0022 million in fundingSolar Alliance Energy Inc. (TSXV:SOLR) announced a non-brokered private placement of up to 11,910,000 units at a price of CAD 0.42 per unit for gross proceeds of up to CAD 5,0002,200 on January 29, 2021. Each unit will consist of one common share and one common share share purchase warrant. Each warrant will entitle the holder to purchase on share at a price of CAD 0.60 per share for a period of 24 months from the date of closing of the transaction. The agents have been provided an over-allotment option to purchase up to an additional 15% of the offering in units, exercisable in whole or in part at any time up to 48 hours prior to the closing date. The offering is expected to close on or about February 18, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The units to be issued under the offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Offering. In connection with the offering, the agent will receive a cash commission of 7.0% of the gross proceeds of the offering and that number of non-transferable compensation options as is equal to 7.0% of the aggregate number of units sold under the offering. Each compensation option is exercisable into one common share of the company at the issue price for a period of 24 months from the closing date of the offering.
공시 • Jan 29Solar Alliance Energy Inc. Signs Contract with LG&E and KU for Additional 500-kW Solar ProjectSolar Alliance Energy Inc. announce it has signed a contract with Louisville Gas and Electric Company and Kentucky Utilities Company. On November 9th, Solar Alliance announced it had signed a contract for a 500-kW system that included an option for LG&E and KU to select Solar Alliance to build an additional 500-kW system at the same location. LG&E and KU exercised that option, and Solar Alliance will now build a combined 1-megawatt (“MW”) project for the customer. The two phases will be built simultaneously, and construction will commence in the spring of this year. The two projects represent sections three and four of LG&E and KU’s Solar Share Program, a cost-effective option available to the utilities’ residential, business and industrial customers who want to support solar energy for as little as 20 cents per day. A total of eight 500-kilowatt Solar Share sections are planned for the Simpsonville facility, for a total of four megawatts.
Recent Insider Transactions Derivative • Jan 17President exercised options to buy CA$240k worth of stock.On the 14th of January, Michael Clark exercised options to buy 1.00m shares at a strike price of around CA$0.06, costing a total of CA$60k. This transaction amounted to 46% of their direct individual holding at the time of the trade. Since September 2020, Michael's direct individual holding has increased from 1.65m shares to 2.15m. Company insiders have collectively bought CA$125k more than they sold, via options and on-market transactions, in the last 12 months.
Is New 90 Day High Low • Jan 13New 90-day high: CA$0.28The company is up 850% from its price of CA$0.03 on 14 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period.
공시 • Jan 06Solar Alliance Signs Agreement for 56 Megawatt, USD 60 Million Solar ProjectSolar Alliance Energy Inc. announced it signed a binding Letter of Intent on January 4, 2021 with Green Data Center Real Estate Inc. for the design and construction of a 56 megawatt solar project located in Illinois. The project will include battery storage capabilities and generator-based backup power. The capital cost of the solar portion of the project is expected to be approximately USD 60 million. Under the terms of the Agreement Green Data is responsible for arranging project equity and debt and Solar Alliance has an option to provide up to 10% of the project equity. Preliminary design work is expected to begin in the first half of 2021 with a decision on a construction timeline being completed as part of that process. The project is expected to generate margins in the range of the Company’s other large-scale solar projects. The final project size and capital cost will be determined as part of the design process and a final construction agreement will be negotiated in advance of Notice to Proceed. A payment schedule will form part of the final construction agreement and will be disclosed on execution. Advancement of the project is dependent on the design and engineering targets and the final approval of Green Data and the completion of financing with solar investment tax equity. This is the second data center project Solar Alliance is pursuing with Green Data. On October 28, 2020 the Company signed a Design Agreement to commence design work on a 4.57-megawatt ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. The design work for the solar system is continuing and is being completed in tandem with the final design work for the data center.
공시 • Jan 01Solar Alliance Energy Inc. Announces Executive ChangesSolar Alliance Energy Inc. announced that CEO Michael Clark has been appointed Chairman of the Company’s Board of Directors, effective immediately. Jason Bak has resigned as Chairman in order to pursue other opportunities and the Company wishes him well in his future endeavours. Anton Shihoff, Ken Stadlin and Bob Miller remain as members of the board of directors alongside Mr. Clark.
공시 • Dec 15Solar Alliance Energy Inc., Annual General Meeting, Feb 10, 2021Solar Alliance Energy Inc., Annual General Meeting, Feb 10, 2021.
Reported Earnings • Dec 01Third quarter 2020 earnings released: CA$0.002 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CA$530.4k (up 37% from 3Q 2019). Net loss: CA$504.2k (loss narrowed 7.5% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Nov 10Solar Alliance Energy Inc. Signs Contract for 500 KW Solar ProjectSolar Alliance Energy Inc. announced it has signed a contract to build a 500 kilowatt ("kW") solar system in Kentucky. The project is one of Solar Alliance's largest to date and is scheduled for construction in early 2021. The contract also includes an option for the customer to select Solar Alliance to build an additional 500 kW system at the same location. For contractual reasons, the identity of the customer is not being disclosed at this time.
공시 • Oct 29Solar Alliance Energy Inc. Signs Design Contract for 4.6 Megawatt, $4.8 Million Illinois Solar ProjectSolar Alliance Energy Inc. announced it has signed an agreement ("Design Agreement") to commence design work on a 4.57-megawatt ("MW") ground and roof mount solar project at a 10 MW hyperscale data center in Murphysboro, Illinois owned by Green Data Center Real Estate Inc. ("Green Data"). The design work for the solar system is being completed in tandem with the final design work for the data center. The capital cost of the solar project is expected to be approximately $4.8 million. The project would be Solar Alliance's largest to date and is expected to generate margins in the range of the Company's other large-scale solar projects. The final project size and capital cost will be determined as part of the design process. The Design Agreement was signed with S.M. Wilson & Co., the general contractor for the NuYen Enterprise Data Center being developed by Green Data. The Company previously signed a Letter of Intent ("LOI") with the predecessor company of Green Data for the design, engineering, procurement and construction management of the Murphysboro data center project. That LOI will be replaced with subsequent agreements, including this Design Agreement, and a construction agreement.
