Biden To Unveil New $4 Trillion Infrastructure Plan Today Focusing On Solar And Wind Renewable Energy As DOE Sets Goal Of Cutting Solar Costs By Half By 2030; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Solar, Applies For $20-$40 Million DOE Grant

Today (March 31, 2021) President Biden is planning to unveil his $3-$4 Trillion new Infrastructure Plan which focuses on green renewable energy such as solar and wind energy. The program is seen as rebuilding bridges and roadways, but also clean energy in solar and wind. Meanwhile, the Department of Energy (DOE) has set a goal of cutting solar costs in half by 2030 and adding $128 million in new solar initiatives.

DOE sets goal of cutting solar costs in half by 2030 — a major plus for solar companies such as Solar Integrated Roofing Corp. (OTC PINK: SIRC).

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).

Biden To Unveil New $4 Trillion Infrastructure Plan Today Focusing On Solar And Wind Renewable Energy As DOE Sets Goal Of Cutting Solar Costs By Half By 2030; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Solar, Applies For $20-$40 Million DOE Grant

President Biden finds himself under pressure from the left wing of the Democratic party to spend upwards of $10 trillion — $1 Trillion a year over the next 10 years — for a new green infrastructure plan. That would mean a host of new corporate tax hikes and new and higher federal taxes on the wealthy. The White House said the new plan could be proposed between $3-$4 trillion right now. Biden To Unveil New $4 Trillion Infrastructure Plan Today Focusing On Solar And Wind Renewable Energy As DOE Sets Goal Of Cutting Solar Costs By Half By 2030; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Solar, Applies For $20-$40 Million DOE Grant.

The clean energy push in the new program means the DOE will spend more money to speed up the implementation of clean energy. As a result, shareholders were told in a letter from management that SIRC applies for $20-$40 million DOE grant in relation to clean energy EV Charging Stations. Regardless of whether it is related to solar, wind or EV, the clean energy strategy appears to be a Biden administration priority under the “Build Back Better” umbrella. Biden To Unveil New $4 Trillion Infrastructure Plan Today Focusing On Solar And Wind Renewable Energy As DOE Sets Goal Of Cutting Solar Costs By Half By 2030; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Solar, Applies For $20-$40 Million DOE Grant.

In solar, the new DOE funding will help advance two materials: provskites and cadmium telluride. These are emerging materials used to create solar cells. They have the potential to make super thin film solar cells with very low production costs. DOE grants and seed capital of $43 million can help speed their impact on solar production costs in the U.S., experts say. Biden To Unveil New $4 Trillion Infrastructure Plan Today Focusing On Solar And Wind Renewable Energy As DOE Sets Goal Of Cutting Solar Costs By Half By 2030; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Boom In Solar, Applies For $20-$40 Million DOE Grant.

Meanwhile, solar lobbying groups such as SEIA say they see a quadrupling of solar installations by 2030. That, linked to the cost-cutting measures, could mean solar will have far more impact on clean energy in the future. EV energy storage is also an important factor of this program — a classification that Solar Integrated Roofing Corp. (OTC PINK: SIRC) has entered recently. In terms of EV energy storage, the U.S. broke in Q4 2020 by182% higher than in the previous quarter, it was just reported. The U.S. Energy Storage Association (ESA) and Wood MacKenzie found that the numbers from this quarter topped by large amounts the equivalent 2018 and 2019 quarters combined.

SIRC Forecasts Annual Run Rate Will Reach $100 Million In Spring

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is focused on growing in clean energy and particularly solar and EV battery energy storage. SIRC has been on an acquisition spree and David Massey, CEO, predicted that by Spring it will raise its annual run rate to $100 million annually — representing a monthly volume of $8-$9 million monthly. Massey said, “It doesn’t mean we‘ve done $100 million, but that we’re doing $8-$9 million monthly.”

Reflecting its fast growth, SIRC has just closed on the takeover of EV station firm Pacific Lighting Management or PLEMco. In its immediate list of goals is an up listing after its audit was completed and Form 10 it has competed its audit and to become a fully reporting SEC company and up list to the QB exchange within the next 60 days.

SIRC has also founded a new dedicated EV charging station division. It has closed on its first acquisition for that division in Pacific Lighting Management or PLEMco. “Getting into EV charging was a really a big move for us.” In the next 18 months, Massey foresees SIRC up listing to the QB in the next 60 days and spend a “little time” on the QX. Massey said, “We understand that going to the NASDAQ is a big jump. By the end of 2022, we plan to go on the NASDAQ.” 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 (NASDAQ: 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

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