As Tesla, Inc. (NASDAQ: TSLA) And Blink Charging Co. (NASDAQ: BLNK) Lead The North American EV Charging Stations Market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Entering The Hot Sector With Its Own Dedicated EV Charging Solutions Division For Residential And Commercial

 In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, OTC PINK: SIRC

Pursuing the strongest growth markets in solar, solar battery storage and new homes, Solar Integrated Roofing Corp. (OTC PINK: SIRC) continues its sales spike strategy by launching its own dedicated EV Charging Solutions Division. It joins fast-growing Tesla, Inc. (NASDAQ: TSLA) and Blink Charging Co. (NASDAQ: BLNK) in the electric vehicle (EV) charging sector. David Massey, CEO of SIRC, said the company would address both the residential and commercial market infrastructure for network operators and be on the lookout for acquisitions in this sector.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing 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), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPowerCorp. (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK) and Canadian Solar Inc. (NASDAQ: CSIQ).

As Tesla, Inc. (NASDAQ: TSLA) And Blink Charging Co. (NASDAQ: BLNK) Lead The North American EV Charging Stations Market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Entering The Hot Sector With Its Own Dedicated EV Charging Solutions Division For Residential And Commercial

EV Charging And Solar Both Have Positive Tailwinds Legislatively.

David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said the future is bright as electric vehicles accounted for 7.84% of new cars in California in 2018. California has a legislatively targeted goal for all new cars to have zero emissions by 2035.  As Tesla, Inc. (NASDAQ: TSLA) And Blink Charging Co. (NASDAQ: BLNK) Lead The North American EV Charging Stations Market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Entering The Hot Sector With Its Own Dedicated EV Charging Solutions Division For Residential And Commercial.

In terms of solar on new homes, legislation this year in California makes it mandatory for new residences to be powered by solar. As a certified installer of both  Tesla solar roofs and solar battery storage systems, Solar Integrated Roofing Corp. (OTC PINK: SIRC) is precisely in the middle of future growth in both hot sectors.

SIRC To Leverage Existing Customer Base, explore EV Charging Acquisitions

A Solar Integrated Roofing Corp. (OTC PINK: SIRC) advantage is that it already has existing solar and new home construction. By cross-selling these customers, it can now also add residential EV charging stations for electric cars. As EV gains more share of California’s auto sales,  Solar Integrated Roofing Corp. (OTC PINK: SIRC) is in a perfect position to expand in these legislatively-driven solar and EV categories. It is also eyeing acquisition opportunities in the category.

EV Charging Sector Seen As Growing Globally To $29.7 Billion By 2027: Research

EV charging is a sector seen with great growth globally. Electric Vehicles Charging Stations (EV) are projected to reach $29.7 Billion globally by 2027 growing at a CAGR rate of 39.8% from 2020, according to research by Meticulous Research. In the U.S. market, both Tesla, Inc. (NASDAQ: TSLA) and Blink Charging Co. (NASDAQ: BLNK) are major players. Tesla, Inc. (NASDAQ: TSLA) stock rose last week as Goldman Sachs analysts upgraded the stock. BLINK stock more than tripled in November. Its stock rose again when it was announced that Blink will open EV charging stations at key Burger King locations in the Northeast.

SIRC Will Leverage Customers In Providing EV Charging Solutions

David Massey, CEO, said, “We intend to leverage our existing customer base for improved cross-selling opportunities and to explore acquisitions of existing EV charging solutions providers to position us to grow market share over the long term. I look forward to continued execution into 2021 as we work to create sustainable value for our shareholders.”  As Tesla, Inc. (NASDAQ: TSLA) And Blink Charging Co. (NASDAQ: BLNK) Lead The North American EV Charging Stations Market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Entering The Hot Sector With Its Own Dedicated EV Charging Solutions Division For Residential And Commercial.

SIRC Projects FY 2022 Volume Hitting Record-Breaking $40+ Million

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 PINK: SIRC) forecast that it would report record volume of $20 million for FY 2021, ended February 28, 202.  As Tesla, Inc. (NASDAQ: TSLA) And Blink Charging Co. (NASDAQ: BLNK) Lead The North American EV Charging Stations Market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Entering The Hot Sector With Its Own Dedicated EV Charging Solutions Division For Residential And Commercial

SIRC As Also Pursuing Other Businesses As It Eyes Growth

Another growth classification is HVAC, another is its joint venture with Enerev, LLC, and a third is its 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. Key in the final opportunity is cross-selling of solar energy batteries. The niche solar energy battery storage market is projected to reach $1.8 billion by 2026, growing at a CAGR of 34.5%. SIRC seeks additional cross-selling revenue by selling new home buyers solar battery units such as Tesla Inc.’s (NASDAQ: TSLA) own Powerwall line of lithium-ion solar batteries.

Solar Battery Market Growing At 34.5% CAGR To Reach Projected $1.8 Billion By 2026

Fast growth in the solar battery storage market is seen by Verified Market Research reports. It projects that the solar energy and battery storage market is projected to reach $1.8 billion by 2026 growing at a CAGR of 34.5% from 2019-2026. 

Generally, battery systems consist of a charge controller, battery bank and a hybrid or two-way inverter. Coupled with solar panels installed on the roof, a great system can pull a home off the costly energy grid. At minimum they can deliver significant long-term electricity cost savings. Even Tesla, Inc. (NASDAQ: TSLA) markets its own Powerwall line of lithium-ion solar batteries.

That kind of category growth is appealing to solar installers and makes solar and its savings even more appealing to homeowners. Within its Southern California market, Solar Integrated Roofing Corp. (OTC PINK: SIRC) has been fast-growing with organic and acquisition growth. Now it is increasing its solar growth into more metropolitan markets and other states.

New Legislation In California Is Friendly To Solar, EV Charging Stations

Solar Integrated Roofing Corp (OTC PINK: SIRC) Sees Expansion Beyond California And Becoming Industry Leader At The National Level

Solar Integrated Roofing Corp (OTC PINK: SIRC) sees legislation this year requiring that all new residences in California must operate on energy by solar as an expansion of the solar market. Best to come: copycat legislation in other states to mandate solar installations on new construction residences.

Solar powerhouse Solar Integrated Roofing Corp. (OTC PINK: SIRC) sees multiple expansion opportunities. One is its recent expansion into New Mexico where it is expanding into the Albuquerque/Santa Fe metropolitan market with its recent partnership with SunPower Corporation as a premier dealer.

SIRC Goals: Market Up List, Larger National Footprint And Expansion Into more Fast-Growth Related Businesses

The solar market is growing fast and Solar Integrated Roofing Corp. (OTC PINK: SIRC), headquartered in Southern California, is now expanding into more states as it eyes its goal of national growth, a stock market up listing and a larger national footprint. Learn more about Solar Integrated Roofing Corp. (OTC PINK: SIRC) at its website.

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: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press