An Update On Fortune Business Insights Study Shows Renewed Post-Pandemic Solar Growth Reaching $293.18 Billion By 2028 Growing Again At A Pre-Pandemic Growth Rate Of 6.9% CAGR; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Believes In Alternative Energy Long-Term Helping To Drive Green Clean Energy

 In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: ENPH, NASDAQ: EVGO, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NASDAQ:CSIQ, NYSE: CHPT, NYSE: GM, NYSE: SPRQ, OTC PINK: SIRC

The pandemic might have slowed solar growth the past two years, but now solar is regaining its pre-pandemic increase and is seen reaching $293.18 billion by 2028 and jumping ahead at a CAGR of 6.9%. Supply chain issues, worker shortages and sluggishness in the general economy may have slowed solar gains — but now pre-pandemic growth is resurfacing and a 6.9% CAGR is again driving solar. Solar Integrated Roofing Corp. (OTC PINK: SIRC) believes in alternative energy long-term helping to drive green 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. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), 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).

 

An Update On Fortune Business Insights Study Shows Renewed Post-Pandemic Solar Growth Reaching $293.18 Billion By 2028 Growing Again At A Pre-Pandemic Growth Rate Of 6.9% CAGR; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Believes In Alternative Energy Long-Term Helping To Drive Growth Of Green Clean Energy

 

The Fortune Business Insights report update confirmed that solar — like numerous other industries — slowed during the pandemic. Now that it is winding down, solar is again emerging with pre-pandemic growth and a 6.9% CAGR which will help it reach $293.18 billion by 2028.

 

“The sudden rise in CAGR is attributable to this market’s demand and growth returning to pre-pandemic levels once the pandemic is over,” the new comments say. An Update On Fortune Business Insights Study Shows Renewed Post-Pandemic Solar Growth Reaching $293.18 Billion By 2028 Growing Again At A Pre-Pandemic Growth Rate Of 6.9% CAGR; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Believes In Alternative Energy Long-Term Helping To Drive Green Clean Energy.

 

Experts say that the pandemic is now becoming an endemic. It will let in-demand businesses like solar enjoy pre-pandemic growth as global markets realign. For solar, that means a return to its vibrant growth before the pandemic occurred.

 

SIRC plays an important role in the growth of solar by selling and installing customized rooftop solar systems for consumers with rechargeable solar batteries that retain excess solar electricity generated during the daytime. Owners can either sell it back to the centralized utility electrical grid — or conserve it for future use by the solar owner.

 

SIRC now sells and sells storage and sophisticated management components from Enphase (NASDAQ: ENPH) or even rechargeable Tesla (NASDAQ: TSLA) rechargeable solar battery PowerWall units.

 

A new Precedence report dovetails with an earlier solar energy study. That one shows Installation for solar panels will grow at a 7.3% CAGR rate from 2020-2026. That’s the finding of a new study titled, ‘Rooftop Solar Photovoltaic (PV) Installation Market’ by 360 Research Reports. If right, it documents the fast and continued growth of the solar installation market — despite pandemics, supply chain shortages, material price hikes and any other factors. Solar is here to stay.

 

Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) core business is installation of rooftop solar — which this Report says is a long term thriving industry. Installation for solar panels will grow at a 7.3% CAGR rate from 2020-2026. That represents a fast resurgence from the pandemic days.

 

High demand for rooftop solar will drive installation sales through at least 2026 by a 7.3% fast CAGR, the recent report shows. The solar industry, like other construction specialties, is exposed to supply chain shortages, price hikes, pandemics/variants and all kinds of impediments. Yet, consumer demand for more solar installations will drive its future at least through 2026, it finds.

 

SolarSage found that there were 13% more battery storage systems installed in the second half of 2021. First and foremost, some 69% of solar buyers want backup power for their solar systems — and 51% want to achieve savings on utility rates. Financial considerings and savings are key to making solar purchase decisions. That means ever more solar storage battery sales in 2022.

 

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is a really big winner because it utilizes both Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) brands in its branded solar equipment for residential installations.

 

As SIRC builds a national footprint in solar installations, using the two most popular solar equipment brands is a positive trend. An Update On Fortune Business Insights Study Shows Renewed Post-Pandemic Solar Growth Reaching $293.18 Billion By 2028 Growing Again At A Pre-Pandemic Growth Rate Of 6.9% CAGR; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Believes In Alternative Energy Long-Term Helping To Drive Green Clean Energy.

 

David Massey, founder and CEO of SIRC, says, “Enphase (NASDAQ: ENPH) is a leader in home energy systems, and we are privileged to provide its energy solution to our over 250 sales teams spanning 40 states and our commercial development firms.

 

“I have used Enphase (NASDAQ: ENPH) micro inverters since 2006 and have the utmost confidence in their products. Further integrating Enphase into our sales mix comes at an opportune moment as homeowners are increasingly interested in a backup battery system in a time of extreme weather and frequent power interruptions,” he concluded.

 

 

This 14th study of the Solar Marketplace Intel Report™ reports that 34% of solar rooftop systems are bought for self-supply reasons. So, increasingly, solar residential systems are purchased: 1) to beat utility price points; 2) to create backup power; 3) for self supply; and to live completely off the grid.

 

SIRC’s core business is rooftop solar systems and rechargeable solar battery systems. Some utilities have so much solar-generated excess electricity being sold to them, they have to resell it again to other utilities out of state.

 

An Update On Fortune Business Insights Study Shows Renewed Post-Pandemic Solar Growth Reaching $293.18 Billion By 2028 Growing Again At A Pre-Pandemic Growth Rate Of 6.9% CAGR; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Believes In Alternative Energy Long-Term Helping To Drive

Green Clean Energy

 

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

 

Source: Stock Market Press

 

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