Solar Alliance Announces CAD $1.5 Million in New Project Contracts

(all figures in Canadian dollars)

TORONTO and KNOXVILLE, Tenn., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR) is pleased to announce CAD $1.5 million in new project contracts, setting up a productive start to 2026.

SOLR is working on the following new projects under contract in solar and storage for clients in the business, nonprofit and government sectors with a total capital value of approximately CAD $1.5 million:

“We are honored to be selected for community-focused projects like these, even as we ramp up our capabilities to execute larger-scale projects. These are sophisticated, high-spec projects,” said Solar Alliance CEO Brian Timmons.

Municipal Recreation Center

At a municipal recreation center, Solar Alliance has designed a rooftop photovoltaic system to support a municipality’s sustainability goals. The PV system will be integrated with battery energy storage (BESS) for timeshift capabilities. This project is supported by a US Department of Energy Efficiency and Conservation Block Grant (EECBG).

Private Business

At the private event venue, Solar Alliance is coordinating via a leading architectural firm to design a canopy solar photovoltaic structure. Renewable energy will accentuate the harmonious nature of this site’s natural features and its repurposed spaces. Solar energy will offset a portion of power used to run this center for special occasions.

Appalachian Harvest Community Food Hub

Solar Alliance is honored to be selected as the winning bidder to design a renewable energy system that supports a Southwest Virginia nonprofit food hub engaged in building a stronger food and agriculture economy, with a focus on sustainable agriculture, food access and regional economic development. The project is a collaboration of Appalachian Voices and Google along with project partners Appalachian Sustainable Development, Invest Appalachia and the Appalachian Solar Finance Fund. It incorporates a designed solar PV array plus a battery energy storage system (BESS), adding resilience to this critical support for neighbors in need.

Solar Alliance Energy Inc. owns Solar Alliance Southeast, LLC which is based in Knoxville, and is the core of its design and construction workforce. The parent Company also maintains a strong network of partners and suppliers to best achieve Company corporate goals.

Brian Timmons, CEO

About Solar Alliance Energy Inc. (www.solaralliance.com)

Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. Our experienced team of solar professionals reduces or eliminates customers’ vulnerability to rising energy costs, offers an environmentally friendly source of electricity generation, and provides affordable, turnkey clean energy solutions. Solar Alliance’s strategy is to ultimately build, own and operate our own solar assets while also generating stable revenue through the sale and installation of solar projects to commercial and utility community customers. 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: the ability to complete the Company’s projects on schedule or at all, uncertainties related to the ability to raise sufficient capital; changes in economic conditions or financial markets; litigation, legislative or other judicial, regulatory, legislative and political competitive developments; technological or operational difficulties; the ability to maintain revenue growth; the ability to execute on the Company’s strategies; the ability to complete the Company’s current and backlog of solar projects; the ability to grow the Company’s market share; the high growth rate of the US solar industry; the ability to convert the backlog of projects into revenue; the expected timing of the construction and completion of the 1500 kW Kentucky solar projects; the targeting of larger customers; the ability to predict and counteract the effects, should they re-emerge, of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19, on the construction sector, capital market conditions, restriction on labor and international travel and supply chains; potential corporate growth opportunities and the ability to execute on the key objectives in 2026. 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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