Solar Power Takes Center Stage In Biden Administration’s Plans With Goal Of Nearly Half of Nation’s Electricity To Be Solar-Generated By Mid-Century; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing Its Solar Footprint Nationally

The Biden administration yesterday says solar power could generate nearly half of America’s electricity by mid-century,” according to an article in the Washington Post. Yesterday, in the aftermath of touring damage from Hurricane Ida, President Biden and his administration have set aggressive goals for solar including producing some 45% of all U.S. electricity in three decades. Today, it is producing just 3%. Administration officials say it can be achieved. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is growing solar as its core green eco-friendly sector as its rapidly expands its nationwide, organic footprint.

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).

Solar Power Takes Center Stage In Biden Administration’s Plans With Goal Of Nearly Half of Nation’s Electricity To Be Solar-Generated By Mid-Century; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing Its Solar Footprint Nationally

To jump solar from meeting only 3% of America’s electricity needs today in the U.S. to nearly half or 45% in three decades, sounds like a tall order — but Biden administration people feel it can be accomplished, according to the Washington Post article. Solar Power Takes Center Stage In Biden Administration’s Plans With Goal Of Nearly Half of Nation’s Electricity To Be Solar-Generated By Mid-Century; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing Its Solar Footprint Nationally.

Energy Secretary Jennifer Granholm said that solar could produce 40% of America’s electricity by 2035 and employ as many as 1.5 million people, all without increasing energy prices. To make that happen, her analysis finds, would require Congress to fund several of the proposed clean energy investments.

President Biden put solar on center stage after touring hurricane Ida damage in Louisiana, plus New Jersey and New York. Granholm said meeting the goals outlines would require the U.S. doubling its installed solar power each year for the next four years, compared with 2020, then doubling it again by 2030.

Even then, solar would generate 45% of the nation’s electricity needs — when Biden’s original solar blueprint called for all clean energy to generate 100% of the country’s electricity to come from clean energy by 2035. Solar Power Takes Center Stage In Biden Administration’s Plans With Goal Of Nearly Half of Nation’s Electricity To Be Solar-Generated By Mid-Century; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing Its Solar Footprint Nationally.

“Achieving this bright future requires a massive and equitable deployment of renewable energy and strong decarbonization policies — exactly what is laid out in the bipartisan Infrastructure Investment and Jobs Act,” Granholm said. The Department of Energy in analysis titled the, “Solar Future Study,” can reach its goal of providing 40% of the nation’s electricity by 2035, according to Becca Jones-Albertus, director of the department’s Solar Energy Technologies Office.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) has everything to gain from the DOE’s solar initiative. Its tailwind for the installation of solar is important for SIRC because SIRC has pending before the DOE some $100 million in energy grants — tied to its EV Charging Station division. The more the DOE receives funding for clean green energy, the better for SIRC to build its relationship with the DOE and its grant-funding for green eco-friendly initiatives. Dave Massey, Chairman/CEO, of SIRC said last night in a live Q&A with the financial community he has received positive feedback on the Company’s grant applications from SIRC’s grant representative.

Last night, Chairman/CEO Dave Massey And Jason Newby, Founder Of SIRC-acquired Future Home Power said in a live Q&A with the financial community that SIRC is already profitable and will be profitable by the end of the third quarter. Newly said that the Biden’s Administration attention to the future of — and offer of extended tax credits — has been helpful to SIRC’s solar sales. Solar Power Takes Center Stage In Biden Administration’s Plans With Goal Of Nearly Half of Nation’s Electricity To Be Solar-Generated By Mid-Century; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Growing Its Solar Footprint Nationally.

To grow its solar business further, one of SIRC’s most recent transactions was its JV partnership agreement to begin hosting a series of monthly Solar Educational Events throughout the United States as part of a non-dilutive partnership JV agreement with American Contractor and ContractorCoachPRO, SIRC. The goal is to attract future contractors for SIRC subsidiary USA Solar Network. SIRC anticipates the program could generate $1.5 million in monthly recurring revenue per event from contractors who join the USA Solar Networks.

SIRC will begin hosting monthly free Solar Educational Events in “solar-friendly” markets starting September 23 in Austin, Texas for prospective installers. They could either convert to or add solar to their business plan by joining SIRC subsidiary USA Solar Network. David Massey, chairman and CEO of SIRC, stressed that this agreement is non-dilutive.

American Contractor LLC is an industry-specific media company focused on providing entertainment education to all contractors who want to achieve the “American Dream.” ContractorCoachPRO LLC is an industry-specific business consulting company focused on the home services contractor niche. ContractorCoachPRO has coached 300+ companies and generated over $3 billion in revenues over the past eight years, it said.

SIRC is making big news with both its acquisitions and internally-generated organic growth. It reported YOY sales in July of $10.5 million and David Massey alluded to large volume again in August.

Making more news is Jason Newby, founder of SIRC-acquired FHP. He has appeared in a YouTube video in which he describes his soaring business selling solar systems. He talked about his SIRC-owned firm generating some $10.6 million volume in a three month period. He is projecting $100 million in revenue in the next 15 months — from June 1 through August 31. Speed is a key factor. Newby said from the time a sale is made, in just three days installation begins of the new solar system.  David Massey, Chairman and CEO of SIRC, said, “We are targeting a monthly attendance of 50 contractors and project 20% of event attendees will choose to join us. If each contractor then contributes an average of five deals a month at an average of $40,500 per deal, each event could conservatively generate over $1.5 million in recurring revenue per month — which adds up quickly over several events.”

Massey added that the key to the success of the program is the synergy between USA Solar Networks, American Contractor and ContractorCoachPRO. He predicted that the JV partnership would offer “the highest likelihood” for success for member dealers.

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

Source: Stock Market Press

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