The New Marriage Of Solar And Cryptocurrency As Ripple Teams With Nelnet (NYSE: NNI) On $44 Million Investment Into Solar Energy Fund That Will Invest In Solar Energy Projects Nationwide; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Solar Footprint To 40 States

 In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: EVGO, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NYSE: CHPT, NYSE: F, NYSE: GM, NYSE: NNI, NYSE: SPRQ, OTC PINK: SIRC

The new marriage of solar and cryptocurrency is happening as crypto payment service Ripple teams with Nelnet (NYSE: NNI) as they invest $44 million into one of Nelnet’s solar energy funds. The goal is to fund solar projects nationally and help reduce the carbon footprint and promote solar as an alternative energy source. Solar Integrated Roofing Corp. (OTC PINK: SIRC) has grown its solar footprint to some 40 states nationwide.

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), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), 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)

The New Marriage Of Solar And Cryptocurrency As Ripple Teams With Nelnet (NYSE: NNI) On $44 Million Investment Into Solar Energy Fund That Will Invest In Solar Energy Projects Nationwide; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Solar Footprint To 40 States

The marriage of Nelnet (NYSE: NNI) and cryptocurrency-driven Ripple for $44 million is a new and lucrative funding source for solar energy and ultimately to reduce or help erase the carbon footprint. Alternative green energy for now is waiting for the federal government to resolve political issues and pass the Infrastructure Bills. Ripple will be the majority investor in the solar project financing. Ripple is a crypto-powered payment service. Ripple is a cryptocurrency that uses advanced blockchain technology.

“We are thrilled to have a best-in-class investor platform that enables us to work with investors like Ripple to further our effect toward advancing clean energy within the U.S.,” said Scott Gubbels, Executive Director of Nelnet Renewable Energy.

The goal of the $44 million project is to offset more than 1.5 million tons of carbon dioxide  over the next 35 years, the companies said.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is a company committed to green alternative energy, such as solar, solar renewable batteries, roofing and EV Charging Stations for electric vehicles. Solar and roofing are two of SIRC’s core businesses. The New Marriage Of Solar And Cryptocurrency As Ripple Teams With Nelnet (NYSE: NNI) On $44 Million Investment Into Solar Energy Fund That Will Invest In Solar Energy Projects Nationwide; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Solar Footprint To 40 States.

The acquired-USA Solar Networks subsidiary has signed several joint venture agreements (JV) to grow its solar business and attract more contractors to the solar industry. Pablo Diaz, CEO of USA Solar Networks, says that the company has now expanded its solar installation footprint to some 40 states nationwide.

While Congress is slow to approve more funding for solar as detailed in the Infrastructure bills, industry —- such as Ripple and Nelnet (NYSE: NNI) — are moving more quickly to fund alternative energy.

President Biden’s signature piece of legislation — the federal infrastructure bill — is losing steam at its original price level. The extension of solar tax credits is linked to this legislation. Analysts say the bill’s approval into law would provide more tailwinds for increased solar installation sales.

To solar installers, such as SIRC, the sooner the bills pass the better. With a growing solar footprint in 40 states, SIRC would benefit from more and extended solar tax credits to make it fiscally feasible for homeowners and business owners to approve a solar/battery installation. But the legislation appears to be taking more time than initially believed.

Through subsidiary PLEMCo., SIRC is a participant in the EV Charging Station business. SIRC is currently an applicant for some $100 million in government grants which enable the Company to build more EV Charging Stations in the future. Chairman and CEO David Massey told the investment community lately that he remains positive about receiving their approval, but he has heard no definite news.

In The EV charging station industry, the bills as now written would include $7.5 billion in an infrastructure package for EV Charging and government funded rebates and tax credits for electric car purchases. The New Marriage Of Solar And Cryptocurrency As Ripple Teams With Nelnet (NYSE: NNI) On $44 Million Investment Into Solar Energy Fund That Will Invest In Solar Energy Projects Nationwide; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Solar Footprint To 40 States.

Stock analysts say successful and passed Infrastructure Legislation could mean higher prices for EV Charging stocks, such as ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO) And Blink Charging (NASDAQ: BLNK). The positive result would not be any different for SIRC.

Wall Street investors are beginning to see the potential of the EV Charging Station business, supporting American longer road trips and daily driving routines. Range-anxiety was seen as holding back electric vehicle sales. As more EV Charging Stations are built, that anxiety is diminishing.

States are also pushing ahead with their own grants to build more EV Charging Stations — regardless of federal Infrastructure funds. OEM EV makers are announcing partnerships for the installation and maintenance of power systems.

Tesla, the leading EV vehicle OEM manufacturer, owns 56% of the electric charging market. Proving that electric cars manufacturing can be profitable — supported by the largest EV Charging Station network globally — Tesla (NASDAQ: TSLA) outperformed analysts’ predictions recently in Q3..

Electric car sales in the U.S. are soaring, more than doubling in the 1st half of 2021with Ford (NYSE: F), General Motors (NYSE: GM) and foreign OEM makers such as Mercedes-Benz, Volkswagen and BMW AG setting self-imposed deadlines of 2030 for all-electric model lines. EV Charging Stations — especially fast charging stations — are a key factor in driving electric vehicle sales.

As drivers become more confident in the range and charging ability of EV cars, they appear to like the new technology, ease of maintenance and social positives of non carbon-emitting transportation.

The New Marriage Of Solar And Cryptocurrency As Ripple Teams With Nelnet (NYSE: NNI) On $44 Million Investment Into Solar Energy Fund That Will Invest In Solar Energy Projects Nationwide; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Solar Footprint To 40 States

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

Source: Stock Market Press

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