As Biden Proposes His $6 Trillion Infrastructure Plan And Republicans Counter With $928 Billion, Will Negotiations Cut Planned New Funding For Renewable Energy Solar And EV Charging Stations? Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Focused On Clean Energy Sector

As the Biden Administration formally proposes his full $6 trillion infrastructure plan and Republicans counter with $928 billion, the question this week is how vulnerable is renewable energy in this negotiation — particularly new funding for  solar energy and EV Charging Stations. The $6 trillion program would inflict a $1.3 trillion deficit on the U.S. over a decade as Biden is focused on encouraging solar installation, sales of EV vehicles and building more EV Charging Stations. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is growing in the clean energy sectors.

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).

As Biden Proposes His $6 Trillion Infrastructure Plan And Republicans Counter With $928 Billion, Will Negotiations Cut Planned New Funding For Renewable Energy Solar And EV Charging Stations? Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Focused On Clean Energy Sector

A major sticking point in the negotiations is the definition of infrastructure. Is it just roads, bridges and other brick-and-mortar repairs or should it include home care, education and other social issues, as envisioned by Democrats. Republicans not only wish to spend far less — they also want to include unspent funds from previous coronavirus relief plans. At stake now could be renewable energy: solar, rechargeable batteries,  EV vehicles, EV Charging Stations and wind turbines in Biden’s proposal.

The original proposal included $4 billion for electric vehicle infrastructure including electrifying the federal fleet of vehicles. Biden foresees a federal fleet of electric vehicles numbering some 600,000 with support of 500,000 EV Charging Stations nationally. A rebate program on sales of electric cars and trucks would begin this fall as EVs only account for some 2% of all vehicle sales today in the U.S. As Biden Proposes His $6 Trillion Infrastructure Plan And Republicans Counter With $928 Billion, Will Negotiations Cut Planned New Funding ForRenewable Energy Solar And EV Charging Stations? Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Focused On Clean Energy Sector.

Included in the program as proposed by Biden is $174 billion towards subsidizing electric vehicle manufacturers, additional tax incentives for electric vehicle buyers, grants and incentive programs for charging station infrastructure and other EV vehicle support programs. That is on top of the $7,500 consumers are eligible for in tax credit subsidies for electric vehicles now.

So the question is how vulnerable this spending becomes in the give-and-take of negotiations between Democrats and Republicans over a final infrastructure bill, even at far lower dollars than the total $6 trillion proposed now by Biden. As Biden Proposes His $6 Trillion Infrastructure Plan And Republicans Counter With $928 Billion, Will Negotiations Cut Planned New Funding For Renewable Energy Solar And EV Charging Stations? Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Focused On Clean Energy Sector.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) Remains Focused On Expanding Its Solar Footprint In Renewable Energy Sectors from Solar To EV  Charging Stations

Awaiting the outcome over Federal renewable energy support spending, Solar Integrated Roofing Corp. (OTC PINK: SIRC) remains positive on clean energy — solar, rechargeable storage solar batteries, EV Charging Stations and new roofing. Solar Integrated Roofing Corp. (OTC PINK: SIRC) has set at least $100 million preliminary 12 month revenue guidance through May 31, 2022, reflecting its rapid growth both through acquisitions and organic increases. David Massey, CEO of SIRC, said the company could grow volume even further in this time period if SIRC continues to populate its acquisition pipeline. SIRC has been rolling up roofers and solar and battery installers creating a true platform company as well as shoring up its back office and sales efficiencies/capabilities to scale nationwide, he said.

Massey added, “We are realizing both acquisitive and organic growth on all fronts while minimizing dilution. Looking ahead, we continue to populate our acquisition pipeline which could further grow this $100 million revenue guidance figure. I look forward to continued operational execution in the months ahead, working closely with our team to create sustainable value for our shareholders over the long-term.” As Biden Proposes His $6 Trillion Infrastructure Plan And Republicans Counter With $928 Billion, Will Negotiations Cut Planned New Funding For Renewable Energy Solar And EV Charging Stations? Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Focused On Clean Energy Sector.

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

Source: Stock Market Press

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