Skip to main content

Market Overview

Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity

Share:

Just as Solar Integrated Roofing Corp. (OTC:SIRC) is going national with last week's close of five-state Cornerstone Construction of South Carolina, it sees an international multi-nation opportunity for itself when it signed the agreement to provide solar panels and related clean energy equipment for 100% all-electric tractor manufacturer Solectrac, Inc. The Northern California-based company is an applicant of a $500 Million USTDA (United States Trade And Development Agency grant). A Solar Magazine analysis of how solar agriculture can save the modern farming industry says new techniques can help solar and all-electricity replace polluting diesel farming energy. SIRC can play a big role in this international agricultural future.

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

Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC:SIRC) National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity

Expansion into the $75 billion global agricultural equipment market could provide an important new multi-nation revenue stream for Solar Integrated Roofing Corp. (OTC:SIRC). This industry, primarily diesel powered today, is seeking to operate on alternative powered tractors to reduce pollution with sustainable electric-powered tractors. Solectrac, Inc., located in Northern California, has developed and manufactured 100% battery powered, all-electric tractors for agriculture and utility operations.

Solectrac, Inc. is an applicant for a $500 million USTDA grant. The USTDA is an independent agency of the United States government. Ideanomics (NASDAQ:IDEX) has become a 24% owner of Solectrac, Inc. through investments. Demand for its clean energy tractors is so high, that Solectrac, Inc., has just put a new reservation campaign into effect for its all-electric tractors to enable customers to reserve tractors with lower deposits — while also smoothing the flow of new units from the company's factory, it said.

SIRC's Role In Solar Farming Strategy

Solar Integrated Roofing Corp. (OTC:SIRC) will supply electric storage, solar panels and other power devices and installation services to Solectrac's existing and grant projects, where applicable. It also calls for the same services by SIRC to Solectrac's future customers and grants projects. Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC:SIRC) National  Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity.

SIRC Melding Its Solar Technology With Solectrac's Farming Equipment

David Massey, CEO of Solar Integrated Roofing Corp. (OTC:SIRC), said, "Melding our solar technology with Solectrac's farming equipment will bring significant growth and benefit to this multi-billion-dollar industry. We look forward to working with Solectrac, bringing much needed efficiency and savings to the strained agricultural markets." Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC:SIRC) National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity.

Steve Heckeroth, CEO of Solectrac, added, "Signing an agreement with Solar Integrated Roofing provides us with the missing component: sustainable efficient and off-grid electrical systems to power our tractors. We'll now be able to supply complete systems across the globe, regardless of the power grid connectivity or lack thereof, while reducing the equipment costs for our clients." Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC:SIRC) National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity.

SIRC Adds To Its Multiple Revenue Streams As It Grows

In non-farming sectors, SIRC has been aggressive in growing in clean energy. It recently acquired Cornerstone Construction, with HQ in South Carolina, with operations in Charlotte, N.C., Charleston, S.C., Little Rock, Ar., Tulsa, Ok. and Foley, Al. SIRC has been on a clean energy acquisition spree, also closing on its purchase of solar company Enerev LLC and signing a binding agreement to buy Pacific Lighting Management for its new EV Charging Station Solutions Division. At the same time, SIRC is growing to a national foothold in green energy — and also potentially internationally with the launch of its solar and all-electric farm business.

SIRC made a recent announcement that it will enter the new home market in an agreement with several San Diego, California builders to install solar roofing and systems. Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s (OTC:SIRC) National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity.

Powerwall line of lithium-ion solar batteries

Additionally, SIRC is now cross-selling of solar energy batteries. It sells and is a certified installer of the Tesla (NASDAQ:TSLAPowerwall line of lithium-ion solar batteries. It recently joined Tesla (NASDAQ:TSLA) again when it announced its entry into the EV Charging Station market, for both residences and commercial. It is also expanding its footprint into more states out of its home base in California. It has entered New Mexico in partnership with solar installer SunPower Corporation as its premier dealer.

SIRC Goals: A Market Up List, National And International Footprint

SIRC projects that its volume will report a record breaking $40+ million in fiscal 2022 revenues, ending February 28, 2022. Solar Integrated Roofing Corp. (OTC:SIRC) forecast that it would report record volume of $20 million for FY 2021, ended February 28, 202.

A Perfect Storm Of Solar Opportunities

Solar Integrated Roofing Corp. (OTC:SIRC) is thriving in a perfect storm of solar opportunities and has its eyes on a national footprint and an up listing to the NASDAQ SmallCap stock exchange. Solar Integrated Roofing Corp.’s (OTC:SIRC) Sales Projected To Reach $38.5 Million In FY 2022, $90 Million In FY 2023 At Substantial Positive Profit In Both Years; $0.25 Price Target Set For 3-6 Months: Goldman Small Cap Research.

Learn more about Solar Integrated Roofing Corp. (OTC:SIRC) at its website, www.solarintegratedroofing.com.

Source: Stock Market Press

Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock

Safe Harbor Statement:

Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com