Market Herald logo


Be the first with the news that moves the market
  • Solar Alliance Energy (TSXV:SOLR) has finished constructing a 200 kilowatt solar system at the Maker’s Mark Distillery in Kentucky
  • Kentucky Utilities awarded Solar Alliance the construction contract in September of last year
  • The new system will supply the storage facilities where the bourbon is aged
  • This is the latest development in Maker’s Mark’s commitment to sustainability and environmental stewardship
  • Solar Alliance (SOLR) is up 14.29 per cent, with shares currently trading for $0.04

Solar Alliance Energy (TSXV:SOLR) has completed construction of a 200 kilowatt solar system at the Maker’s Mark Distillery in Kentucky.

Kentucky Utilities’ Business Solar Program awarded the construction contract to Solar Alliance in September of 2019. 

The installed solar system will supply electricity to the warehouses where Maker’s Mark stores its bourbon for ageing.

Kentucky Utilities’ Chairman, CEO, and President Paul W. Thompson commented on the project.

“Much like its signature bottle, hand-dipped in wax, Maker’s Mark is sealing its position as an industry leader with a resounding commitment to sustainability.

“Travellers from all over the world visiting the iconic distillery will see homegrown electricity in action,” he said.

Rob Samuels, Managing Director of Maker’s Mark and eighth-generation distiller, remarked upon the company’s move to renewable energy.

“Being a thoughtful steward of our environment has been a pillar of Maker’s Mark since my grandparents first started making our bourbon in Kentucky more than 60 years ago.

“This is a tangible example of our ever-increasing focus on environmental stewardship,” he said.

According to the announcement, the solar market in Kentucky is expanding rapidly, allowing the company to build upon its success there to date.

Solar Alliance (SOLR) is up 14.29 per cent, with shares currently trading for $0.04 share at 10:40am EST.

More From The Market Herald

" Loblaw to purchase five hydrogen fuel cell trucks

Loblaw, operator of Loblaws grocery stores, plans to purchase five Class 8 T680 hydrogen FCEVs from Kenworth, a leading truck manufacturer.

" Solar energy company furthers growth with five new contracts

Solar Alliance Energy, a solar energy solutions provider, has signed contracts for five solar projects in the Southeast U.S.
The Market Herald Video

" Solar Alliance Energy (TSXV:SOLR) (SAENF) signs Letter of Intent to acquire Canadian solar company in transformative transaction

This is sponsored content issued on behalf of Solar Alliance Energy, please see full disclaimer here.

" Three renewable energy stocks on the rise

The global renewable energy market was valued at US$881.7 billion in 2020 and is projected to reach US$1,977.6 billion by 2030.