Just as Solar Integrated Roofing Corp. 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. SIRC, Sunrun, Inc. RUN, Blink Charging Co. BLNK, Tesla, Inc. TSLA, SolarEdge Technologies, Inc. SEDG, First Solar, Inc. FSLR, SunPowerCorp. SPWR, Gibraltar Industries, Inc. ROCK and Canadian Solar Inc. CSIQ. Additionally, SIRC is now cross-selling of solar energy batteries. It sells and is a certified installer of the Tesla TSLA Powerwall line of lithium-ion solar batteries. It recently joined Tesla 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.
Solar, Roofing And EV Stations Are Significant To Solar Integrated Roofing Corp.'s 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. 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 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. 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 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. 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 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 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 SIRC National Future, But Solar-Powered And All-Electric Tractors Replacing Diesel Farming Is An International Opportunity.
Powerwall line of lithium-ion solar batteries
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. 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. 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 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. SIRC at its website, www.solarintegratedroofing.com.
Source: Stock Market Press
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