Solar Alliance, Crius Solar to partner on new solar projects
Solar Alliance Energy Inc. announced Monday that it signed a Solar Origination Agreement with Crius Solar, LLC under which the companies will develop and install new residential solar projects in five states in the Northeast as well as in Northern California.
“This agreement with Crius Solar is a perfect fit and will accelerate our expansion plans in the northeast U.S. and through the rest of California,” Solar Alliance Chairman and CEO Jason Bak said.
The agreement combines Crius Solar’s network of financing partners, installation capabilities and energy product options with Solar Alliance’s sales and marketing team.
Solar Alliance will at first focus on areas that make up the core of the existing retail energy customer base of Crius Solar’s affiliate company, Crius Energy, LLC. These areas include California, Connecticut, Massachusetts, New Jersey, New York and Rhode Island.
“Crius Solar is excited to leverage the proven sales and marketing expertise of our newest partner as a way to further augment lead and installation volume for our growing and vertically integrated solar business,” Christian McArthur, executive vice president of Crius Solar, said.
The agreement follows the acquisition of a Los Angeles sales team and project pipeline by Solar Alliance. The acquisition tripled the size of the company’s sales team and included 156 residential solar projects, the majority of which Crius Solar expects to complete in the next 60 to 90 days.
