US EditionSolar Alliance Energy, Inc. Announces Q2 Earnings, through a challenging period for the solar renewables industry
Severe weather in Kentucky and US policy uncertainty delayed projects, causing Solar Alliance's revenue to drop to $1.69 million and a net loss of $711,450 in H1 2025.
- On June 30th, 2025, Solar Alliance Energy Inc. filed unaudited results for the three months ended June 30th, 2025, reporting revenue of $849,535 and a net loss of $234,880.
- Severe weather in Kentucky forced delays in a major project due to flooding, outages and tornadoes, while policy uncertainty from the US Administration put corporate solar investments and grant-funded community initiatives on hold.
- Financial detail shows that Q2 cost of sales was $480,993, yielding a Q2 gross profit of $368,542 and a 43.3% gross margin.
- The company said the immediate impact was delayed decisions across commercial, community and rural clients, reducing commercial activity in H1, while US Administration policy decisions extended the transition period for commercial and industrial tax incentives.
- The company is shifting toward larger projects up to 5MW, upgrading business development, and targeting microgrid solutions amid rising AI and datacentre energy demand.
Insights by Ground AI
Does this summary seem wrong?
11 Articles
11 Articles
Solar Alliance Energy, Inc. Announces Q2 Earnings, through a challenging period for the solar renewables industry - Solar Alliance Energy (OTC:SAENF)
(figures in Canadian dollars) TORONTO and KNOXVILLE, Tenn., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance' or the ‘Company') (TSXV:SOLR, OTC:SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces it has filed its unaudited financial results for the three months ended June 30th, 2025. The Company's Financial Statements and related Management's Discussion and…
·New York, United States
Read Full Article
Coverage Details
Total News Sources11
Leaning Left7Leaning Right1Center2Last UpdatedBias Distribution70% Left
Bias Distribution
- 70% of the sources lean Left
70% Left
L 70%
C 20%
Factuality
To view factuality data please Upgrade to Premium
