Tesla TSLA in energy-short Texas is building a super rechargeable battery system for renewables like solar and wind near Houston and scheduled to go online June 1. Through its Gambit subsidiary, Tesla is building the 100 megawatt power storage secret facility at a site near the Texas-New Mexico Power Station and registered it with Ercot, the Texas electricity authority. Through a series of acquisitions, Solar Integrated Roofing Corp. SIRC is committed to solar, EV charging and clean energy.
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. SIRC, Sunrun, Inc. RUN, Blink Charging Co. BLNK, Tesla, Inc. TSLA, GM GM, SolarEdge Technologies, Inc. SEDG, First Solar, Inc. FSLR, SunPower SPWR, Gibraltar Industries, Inc. ROCK, Spartan Acquisition Corp. II SPRQ. and Canadian Solar Inc. CSIQ. Tesla TSLA is coming to the rescue of renewable energy with its new super sized rechargeable battery focusing on the power of solar and wind and connecting to the primary power grid. The once super-secret project reinforces Tesla's commitment to growth in renewables. Wall Street likes what it sees. Analyst Alexander Potter of Piper Sandler said that Tesla Energy could spike its corporate share from renewable energy today from 6% up to some 30% by the 2030's. Daniel Finn-Foley of Wood MacKenzie Power and Renewables said, "Tesla's energy storage business on a percentage basis is growing faster than their car business, and it's only going to accelerate." Solar installations — roofing, solar and rechargeable solar Tesla TSLA storage units, such as Powerwall rechargeable solar battery systems — are a core part of the clean energy strategy of Solar Integrated Roofing Corp. SIRC. In an acquisition spree, SIRC has entered into the San Diego, California new home roofing and solar market. It's Tesla TSLA To The Rescue In Aftermath Of Energy-Hungry Texas With Giant Renewable Energy Battery System For Renewables Set To Go Online June 1; Solar Integrated Roofing Corp. SIRC Expands Commitment To Clean Energy Agenda.
It's Tesla TSLA To The Rescue In Aftermath Of Energy-Hungry Texas With Giant Renewable Energy Battery System For Renewables Set To Go Online June 1; Solar Integrated Roofing Corp. SIRC Expands Commitment To Clean Energy Agenda
Texas is the focus as the nation's energy hub. It is being transformed by the abundant share of renewables: solar, wind and natural gas. All of this comes at a time when renewables in Texas was highlighted for failure to supply businesses and residences during winter storms that shut large parts of the state down. It's Tesla TSLA To The Rescue In Aftermath Of Energy-Hungry Texas With Giant Renewable Energy Battery System For Renewables Set To Go Online June 1; Solar Integrated Roofing Corp. SIRC Expands Commitment To Clean Energy Agenda.
As Tesla TSLA Raises Renewables Energy Profile, Solar Integrated Roofing Corp. 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. I
SIRC Sets Stage For Up List
In a ‘watershed moment’ for clean energy focused Solar Integrated Roofing Corp. SIRC, SIRC announced last Friday it has competed its audit, ‘setting the stage' ahead of its planned OTCQB Up Listing. The completion of its PCAOB audit financial statements for the years ended February 29, 2020 and February 28, 2019 and the filing of a Form 10 Registration Statement with the SEC sets the stage for an up list.
Massey: SIRC's Cornerstone Construction Acquisition Is The ‘First Step' To Going National
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/
Cornerstone's services include inspections, installations, repairs and replacement services as well as gutters, windows, siding and decking. It also designs and installs traditional solar and solar shingle arrays that integrate seamlessly into new and existing roofing systems, SIRC said. Cornerstone's founder and CEO is Hunter Ballew. It's Tesla TSLA To The Rescue In Aftermath Of Energy-Hungry Texas With Giant Renewable Energy Battery System For Renewables Set To Go Online June 1; Solar Integrated Roofing Corp. SIRC Expands Commitment To Clean Energy Agenda.
Solar Integrated Roofing Corp. SIRC Executes A Flurry Of Clean Energy Acquisitions
In addition to closing on Cornerstone Construction, SIRC recently closed on its purchase of California-based solar company Enerev LLC and signed a binding agreement to buy Pacific Lighting Management for its new EV Charging Station Solutions Division.
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 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
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
