Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sets Multiple Revenue Streams In Perfect Solar Storm Of Opportunities: New Solar Homes, Tesla (NASDAQ: TSLA) Solar roof and Battery Installations, Solar Roofs And Batteries, Joint Ventures And Acquisitions
Solar Integrated Roofing Corp. (OTC PINK: SIRC) in a perfect storm of solar opportunities has its eyes on a national footprint and an up listing to the NASDAQ SmallCap stock exchange. David Massey, CEO, is overseeing a multi-revenue stream growth strategy that includes a fast-growth multi-dimensional plan: entering the new home market, certification to install Tesla (NASDAQ: TSLA) solar roofs and its Powerwall line of lithium-ion solar batteries, a new joint venture with Enerev, LLC, possibly leading to a purchase, plus a string of acquisitions of numerous solar and HVAC companies. SIRC forecasts a volume of $40 million for FY 2022.
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), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR),, SunPowerCorp. (NASDAQ: SPWR), Canadian Solar Inc. (NASDAQ: CSIQ) and Vivint Solar Inc. (NYSE: VSLR).
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sets Multiple Revenue Streams: New Homes, Tesla (NASDAQ: TSLA) Installations, Solar Roofs And Batteries, Joint Ventures And Acquisitions
Solar Integrated Roofing Corp. (OTC PINK: SIRC) has been aggressive on multiple fronts as it grows its volume, multi-state footprint from its Southern California base into New Mexico and possibly Arizona in the future, enters a joint venture with acquisition candidate Enerev, LLC, and enters with new home market in solar-mandated California. It has also entered New Mexico in partnership with solar installer SunPower Corporation as its premier dealer.
Cross Selling Opportunities For SIRC Include Solar Systems, Roofs, Solar Storage Batteries And HVAC Systems
In a recent The Stock Market Podcast, he told host Jane King that in the future SIRC may also expand to the East Coast with Sun Power Corporation again into Florida with the same business model. SIRC is also a certified Tesla, Inc. (NASDAQ: TSLA) installer of its solar roofs and Powerwall line of lithium-ion solar batteries.
Other cross-selling opportunities are HVAC systems and even in-house A/C units, he said. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sets Multiple Revenue Streams In Perfect Solar Storm Of Opportunities: New Solar Homes, Tesla (NASDAQ: TSLA) Solar Roof and Battery Installations, Solar Roofs And Batteries, Joint Ventures And Acquisitions.
SIRC Pursues Multi-Dimensional Growth Strategy
That’s a lot of growth strategies at once. It represents a perfect storm of expansion for Solar Integrated Roofing Corp. (OTC PINK: SIRC). Geographic expansion, acquisitions, new home market. joint ventures, partnerships and multiple more states. The goals for Massey are clear: becoming an up listed NASDAQ SmallCap Stock, achieving $40 million in revenue by FY 2022 and growing to a national footprint. It projects $20 million in revenue for its FY ending February 28, 2021.
Entering the new home development market in a strategic partnership with several San Diego builders is seen as generating a $6.5 million new revenue stream for SIRC. In the first year in its initial lot, SIRC estimates $13,000 additional roofing and solar installation revenue per home for some 500 new homes in its project pipeline.
It could be even higher if SIRCs team is able to cross-sell more add ons such as Tesla’s (NASDAQ: TSLA) Powerwall storage battery units and new HVAC installations for new residences. As California’s law now mandates solar energy for new residences built in 2020 and beyond, this is a perfect solar storm of opportunities for SIRC. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sets Multiple Revenue Streams In Perfect Solar Storm Of Opportunities: New Solar Homes, Tesla (NASDAQ: TSLA) Solar Roof and Battery Installations, Solar Roofs And Batteries, Joint Ventures And Acquisitions.
Entering The $1 Billion California New Home Market, Mandated To Have Solar
SIRC yesterday announced (November 24, 2020) it has expanded its opportunity into the $1 billion new home market market in California by establishing a strategic partnership with several small and mid-sized San Diego Builders. Its initial entry lot into this new residential housing development market will mean new roofing and mandated solar installations at some $13,000 apiece additional revenue per 500 new homes. It means total new revenue of $6.5 million for SIRC. It will help prevent the rolling brownouts and blackouts in California resulting from the current limited energy supply, SIRC said.
New Strategies And Partnerships Present SIRC With Multiple Solar Opportunities
David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said, “In addition to the roofing and solar revenue from each new housing development, we maintain the upside opportunity to sell the end home buyer additional solar or battery storage solutions, creating an exciting new sales pipeline for our growing team. I look forward to continued growth into 2021 and beyond as we work to create value for our shareholders.”
Investors Flock To The EV Battery Charging Sector
The upside opportunity for additional sales for Solar Integrated Roofing Corp. (OTC PINK: SIRC) in the new home market also includes the red-hot battery charging industry. The niche solar energy battery storage market is projected to reach $1.8 billion by 2026, growing at a CAGR of 34.5%. Key to SIRC is 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.
SIRC is a certified installer of Tesla’s solar panel roofs as well as its Powerwall line of lithium-ion solar batteries. Solar is mandated on new residences in California. Tesla’s line of upscale solar roofing and Powerwall line of lithium-ion solar batteries can store energy for evening or cloudy day use power generated by solar.
Tesla, Inc. (NASDAQ: TSLA) has already seen its stock jump by 500% This Year
Tesla, Inc. (NASDAQ: TSLA) stock has already jumped by more than 500% this year — due to success and innovations in solar energy and solar battery chargers, EV transportation and Space X. Wall Street analysts are already forecasting that TSLA stock will reach a post-split $1,000 per share after the company was recently named to the S&P 500. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is a certified installer of Tesla’s solar roofing and Powerwall storage batteries.
David Massey Projected SIRC Will Become A NASDAQ SmallCap Company By Late FY 2022
David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said that SIRC management has been working diligently on completing its audit in preparation to become a fully-reporting company with the end-goal of an up listing to become a NASDAQ SmallCap company by late FY 2022, he told The Stock Market Podcast interview. “That’s our goal,” he declared. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sets Multiple Revenue Streams In Perfect Solar Storm Of Opportunities: New Solar Homes, Tesla (NASDAQ: TSLA) Solar Roof and Battery Installations, Solar Roofs And Batteries, Joint Ventures And Acquisitions.
Main Focus For Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Roofing And Solar.
Massey told The Stock Market Podcast host Jane King, “Our main focus is roofing and solar.” However, the company is “able to raise the amount of its (sales) tickets” he said by additionally partnering with Tesla (NASDAQ: TSLA) as a certified installer of that company’s new solar roof system and its solar battery backup Powerwall product. The net result is that SIRC can install a solar roofing system plus solar battery and generate additional revenue.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Achieves A 50+% Spike In Volume YOY In September And October With Sales Of $3.3 Million
As it grows organically and by acquisition, Solar Integrated Roofing Corp. (OTC PINK: SIRC) announced recently a 50+% spike in its volume YOY in September and October 2020 with sales of $3.3 million. The Company anticipates a record-breaking Q3. The sales jump was highly profitable. with the Company expecting a 40% gross margin for both months combined.
Massey of Solar Integrated Roofing Corp. (OTC PINK: SIRC) projects that its fast-track growth in California and other markets will generate greater than $40 million for the Company in fiscal 2022 revenues and revenues of $20 million for FY 2020, ending February 28, 2021.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) eyes cross-selling opportunities in solar, backup solar storage batteries, HVAC and contract electrical work.
Learn more about SIRC at Solar Integrated Roofing Corp. (OTC PINK: SIRC).
Source: Stock Market Press
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