U.S. Second To China In Solar And Renewable Energy Growth, Needing More Ac-tivity InRooftop Solar But Utility Scale Increases Competitive Globally; Solar Inte-grated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar

Globally, solar activity has meant that China retains its leadership position with the world’s greatest growth in Q4 2021 and full year 2021 — it also is global leader in manufacture of solar panels. Meanwhile, a study by Rethink Energy and reported by CleanTechnica reports that while the U.S. is growing in solar — it needs greater activity in rooftop solar systems if it is ever to overtake China. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar. It is a core business for 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), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), SpartanAcquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ

U.S. Second To China In Solar And Renewable Energy Growth, Needing More Activity InRooftop Solar But Utility Scale Increases Competitive Globally; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar

The Rethink Energy report finds that several other countries have been successful in growing solar activity. These include in order of solar growth: Japan, Germany, Brazil, South Korea, Poland and Spain.

Regionally, Europe, Latin America and India have emerged in solar growth.  U.S. Second To China In Solar And Renewable Energy Growth, Needing More Activity InRooftop Solar But Utility Scale Increases Competitive Globally; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar.

SIRC is brand building and competing nationwide in rooftop solar. Rooftop solar  will drive installation sales through at least 2026 by a 7.3% fast CAGR, a recent report shows. The solar industry, like other construction specialties, is exposed to supply chain shortages, price hikes, pandemics/variants and all kinds of impediments. Yet, consumer demand for more solar installations will drive its future at least through 2026, it finds.

The U.S. may be growing in solar vs. China but will not overtake the leader globally in solar for the near-term. Longer term, that could change as energy prices rise and solar becomes a viable financial alternative.

SIRC is applying to FINRA to a corporate name change to SolarEV to better reflect its core businesses to shareholders and investors. Further, it believes in the longer term success of alternative energy as a whole — including its participation in the EV Charging Station industry supporting electric cars and trucks.

SIRC  through its PLEMCo., subsidiary is growing in the competitive EV Charging Station industry. It is also an applicant for government grants to build more EV Charging Stations and signed of an LIO to acquire three complementary LA-based EV Charging companies, according to David Massey, Chairman and  CEO of SIRC.

Solar system installers, such as SIRC, will be challenged to keep up with heightened consumer demand for new systems. Home heating oil and gas are rising in price and sometimes in scarce supply. Solar provides continuous heating/cooling energy and is priced right — especially in conjunction with peripherals such as solar rechargeable batteries. Together, they give solar system owners control to manage their own energy needs.

Another recent solar system research study — the new 14th annual solar survey by EnergySage — found that Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) were standouts in the field in 2H 2021 for winning quotes in the solar system industry. They were rated being the least expensive quotes (Tesla) and gaining the most market share in branded solar battery quotes (Enphase) in report period.

SolarSage found that there were 13% more battery storage systems installed in the second half of 2021. First and foremost, some 69% of solar buyers want backup power for their solar systems — and 51% want to achieve savings on utility rates. Financial considerings and savings are key to making solar purchase decisions.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) was a really big winner because it utilizes both Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) brands in its branded solar equipment for residential installations.

SIRC is building a national footprint in solar installations, using the two most popular solar equipment brands is a positive trend.  U.S. Second To China In Solar And Renewable Energy Growth, Needing More Activity InRooftop Solar But Utility Scale Increases Competitive Globally; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar.

For years, SIRC has been a certified installer of Tesla’s PowerWall brand solar rechargeable batteries. It recently announced it has also reached a new pricing agreement with Enphase for the pricing of its ‘Enphase Energy System’ Including IQ Batteries, IQ Microinverters And Communications Software. It enables SIRC more margins for its national solar installations in 40 states from its 250+ sales teams and commercial development firms.

SIRC’s family of companies can now install in customer’s homes Enphase’s 3R rated IQ batteries designed to work with grid-tied solar panel systems. It offers customers reliable solar backup power and an all-in-one AC-coupled storage system that is smart, simple, and safe.

The IQ8 is Enphase’s smartest microinverter yet and changes the paradigm for solar technology, which otherwise requires a grid connection to operate.

David Massey, founder and CEO of SIRC, says, “Enphase is a leader in home energy systems, and we are privileged to provide its energy solution to our over 250 sales teams spanning 40 states and our commercial development firms.

“I have used Enphase micro inverters since 2006 and have the utmost confidence in their products. Further integrating Enphase into our sales mix comes at an opportune moment as homeowners are increasingly interested in a backup battery system in a time of extreme weather and frequent power interruptions,” he concluded.

U.S. Second To China In Solar And Renewable Energy Growth, Needing More Activity InRooftop Solar But Utility Scale Increases Competitive Globally; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Growth In Rooftop Solar

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

Source: Stock Market Press

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