Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment Market, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States
Solar Integrated Roofing Corp. (OTC PINK: SIRC) has been expanding at a dizzying speed, entering new markets and creating marketing alliances to reinforce its solar and electric energy focus and its growth model. Yesterday, it announced it signed an agreement to provide solar panels and related equipment with electric tractor manufacturer and developer Solectrac, Inc., an applicant of a $500 Million USTDA (United States Trade And Development Agency) grant. That’s the latest in a multiple parade of SIRC’s new markets and alliances.
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).
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States
Other new markets for SIRC include: EV charging stations for residential and commercial; new home market installations; HVAC system installations; joint venture with long-time HVAC installer Enerev, LLC; Certified installer of Tesla (NASDAQ: TSLA) branded solar roofs and Powerwall line of lithium-ion solar batteries; naming SunPower Corporation as its premier solar dealer as it expands into New Mexico.
SIRC Expanding At A Quick Pace Into New Markets
Whether it’s electric charging stations, electric tractors or entry into the new home installation market with a group of San Diego builders, Solar Integrated Roofing Corp. (OTC PINK: SIRC) is entering the hottest classifications in new industries that are designed to provide alternative energy and to avoid polluting the environment. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States.
$75 Billion: The Global Agricultural Equipment Market
The newest is its agreement within the $75 billion global agricultural equipment market. This industry, primarily diesel powered today, is seeking to operate on alternative powered tractors to reduce pollution with sustainable electric-powered tractors. SIRC’s agreement with Solectrac, Inc., located in Northern California, has developed and manufactured 100% battery powered, all-electric tractors for agriculture and utility operations.
As of October 22, Ideanomics (NASDAQ: IDEX) became a 14.7% owner of Solectrac, Inc. Ideanomics also announced another planned investment into the company of $1.3 million, scheduled to close this month. Solectrac, Inc. is an applicant for a $500 million USTDA grant. The USTDA is an independent agency of the United States government.
David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said, “Our highly developed, near turnkey level, product and services are perfectly suited for expansion into the agricultural equipment market and brings new opportunities for us to rapidly move into the underserved rural farming communities throughout the U.S. Solectrac has shown top of the line sustainable equipment, with reduced downtime, maintenance and fuel costs.” Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States.
SIRC Eyes Market Up List, Larger National Footprint And Expansion Into More Related Businesses
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. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States.
Goldman Small Cap Research Bullish On SIRC
Solar Integrated Roofing Corp.’s (OTC PINK: 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. (OTC PINK: SIRC) at its website.
Source: Stock Market Press
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