Solar Installations Seen Quadrupling By 2030 New Study Shows While U.S. Breaks Another Quarterly Record For Electric (EV) Battery Storage By 182%; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees

March 22, 2021 7:05 AM EDT

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Get ready for a quadrupling boom in solar installations by 2030 --- according to a new report by Reuters -- as the U.S. breaks a new quarterly record by 182% for EV battery storage, according to energy sage.com. Both skyrocketing trends favor Solar Integrated Roofing Corp. (OTC PINK: SIRC) and its focus on clean energy trends in solar and EV rechargeable batteries.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Solar Installations Seen Quadrupling By 2030 New Study Shows While U.S. Breaks Another Quarterly Record For Electric (EV) Battery Storage By 182%; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Both Solar And EV Energy Storage Classifications

The Reuter's report on a quadrupling of solar installations by 2030 by industry association SEIA, concluded that a combination of higher and longer federal tax credits for solar enacted at year-end and self-mandated deadlines for reduced greenhouse emissions by utilities and corporations will help achieve the goal.

The only face winds seen in this scenario is that the major utilities in California are seeking to raise gris connection rates for solar customers and also to reduce credits for solar-generated power mandated by the state. These rates are still being proposed, so they are not final yet. Solar Installations Seen Quadrupling By 2030 New Study Shows While U.S. Breaks Another Quarterly Record For Electric (EV) Battery Storage By 182%; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Both Solar And EV Energy Storage Classifications.

In terms of EV energy storage, the U.S. broke in Q4 2020 by182% higher than in the previous quarter, it was just reported. The U.S. Energy Storage Association (ESA) and Wood MacKenzie found that the numbers from this quarter topped by large amounts the equivalent 2018 and 2019 quarters combined. Solar Installations Seen Quadrupling By 2030 New Study Shows While U.S. Breaks Another Quarterly Record For Electric (EV) Battery Storage By 182%; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Both Solar And EV Energy Storage Classifications.

SIRC Forecasts Annual Run Rate Will Reach $100 Million By May

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is focused on growing in clean energy and particularly solar and EV battery energy storage. SIRC has been on an acquisition spree and David Massey, CEO, predicted that by May it will raise its annual run rate to $100 million annually -- representing a monthly volume of $8-$9 million monthly. Massey said, "It doesn't mean we've done $100 million, but that we're doing $8-$9 million monthly." Reflecting its fast growth, SIRC has just closed on the takeover of EV station firm Pacific Lighting Management or PLEMco. In its immediate list of goals is an up listing after its audit was completed and Form 10 it has competed its audit and to become a fully reporting SEC company and up list to the QB exchange within the next 60 days.

David Massey, CEO of SIRC, said, "The completion of the audit process and submission of a Form 10 to become a fully reporting company is truly a watershed moment and a momentous milestone for our team and valued shareholders. These steps will provide additional transparency and assurance to our reported financials to investors evaluating our company. This status also opens us up to a new level of institutional investors and to potentially wider interest from the capital markets community."

Massey added. "Looking ahead, the audit sets the stage for us to file an application to become listed on the OTC Market's OTCQB(R) Venture Market in the near term, with the goal of up listing to the NASDAQ. We anticipate the increased visibility from an OTCQB listing, when paired with our fully reporting status, could offer significant value as we continue to focus on becoming a cohesive, nationwide platform company for roofing and solar installers. I look forward to the months ahead as we continue our rapid pace of operational execution in an effort to build sustainable value for our shareholders over the long term."

SIRC has also founded a new dedicated EV charging station division. It has closed on its first acquisition for that division in Pacific Lighting Management or PLEMco. "Getting into EV charging was a really a big move for us." In the next 18 months, Massey foresees SIRC up listing to the QB in the next 60 days and spend a "little time" on the QX. Massey said, "We understand that going to the NASDAQ is a big jump. By the end of 2022, we plan to go on the NASDAQ." Solar Installations Seen Quadrupling By 2030 New Study Shows While U.S. Breaks Another Quarterly Record For Electric (EV) Battery Storage By 182%; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Both Solar And EV Energy Storage Classifications.

As Tesla (NASDAQ: TSLA) Raises Renewables Energy Profile, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Grows Its Clean energy Footprint Nationally.

By closing recently on the acquisition of five-state roofing and solar systems provider Cornerstone Construction, based in South Carolina, SIRC has gone nationwide with solar and roofing. Cornerstone currently operates in South Carolina, North Carolina, Arkansas, Oklahoma and Alabama. Southern California-based SIRC also recently closed on its purchase of multi-state solar company Enerev LLC.

David Massey, SIRC CEO, said, on acquiring Cornerstone Construction, "This significant acquisition is the first step in our company's transition into a nationwide roofing and solar solutions provider. Throughout 2020, Cornerstone moved strategically into new markets including Charlotte, N.C., Charleston, S.C., Little Rock, Ar., Tulsa, Okla. and Foley, Ala. The company completed 1,000 installs of roofing and solar in 2020, generating over $15 million in sales with robust projected growth." Massey added, "This is an exciting presence that we believe will help grow our acquisition pipeline nationally, helping to create value for our shareholders." To learn more, go to https://cornerstoneconstruction.org/

Solar Integrated Roofing Corp. (OTC PINK: SIRC) Executes A Flurry Of Clean Energy Acquisitions

SIRC Targets Closing Of Pacific Lighting Acquisition

SIRC in buying Pacific Lighting Management, Inc., for its new Dedicated EV Charging Station Solutions Division, brings in-house several long term (IDIQ-type) government contracts with the General Services Administration (GSA and GSA Fleet). Its customers also include federal, state and local governments, school districts, hospitals and large commercial clients, the Company said. It is a cash-flow positive buy, SIRC said. It is based in Southern California, in Santa Ana. Learn more about Pacific Lighting at http://www.pacltg.com/

SIRC Closes On Acquisition Of Solar Installer Enerev LLC

SIRC recently closed on its purchase of another established clean energy renewable solar installer, Enerev LLC. To learn more, go to https://www.enerevsolar.com/getting-started. SIRC also reached agreement with Solectrac, Inc., an all-electric tractor developer and manufacturer located in Northern California. That company is now 24% owned by Ideanomics (NASDAQ: IDEX). and Solectrac is an applicant for a $500 million USTDA grant.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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