Solar Integrated Roofing Co. (stock symbol: SIRC) is expanding its activities in the rapidly growing alternative energy sector

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$ SIRC Solar Integrated Roofing

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sirc OTCMKTS – SIRC

$ SIRC

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The Solar Integrated Roofing Corporation (SIRC) is an integrated installation company for solar energy and roof systems from a single source

Solar Integrated Roofing Co (OTCMKTS: SIRC)

We are excited to announce the completion of Cornerstone Construction. An exciting turning point for SIRC in its transition to a nationwide provider of rooftop and solar solutions. “

– CEO David Massey

EL CAJON, CALIFORNIA, UNITED STATES, March 1, 2021 /EINPresswire.com/ – Solar Integrated Roofing Co. (Stock Symbol: SIRC) expands in the fast-growing alternative energy sector

High revenue acquisitions for electric vehicle charging and solar roof construction

 Advanced solutions for solar roofs and other clean energy projects.
 Dedicated department for EV charging solutions for nationwide service.
 New acquisitions for charging and building electric vehicles.
 Tesla certified installed network for the EV department.
 Completion of the acquisition of the High Revenue Residential Solar Installer

Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roof installation company specializing in commercial and residential real estate in the Southern California market. SIRC’s wide range of solutions includes the sale and installation of solar systems, battery fuses and charging stations for electric vehicles (EV) for roofers, HVAC and related electrical installation work. SIRC is currently pursuing a corporate growth strategy through strategic acquisitions in the rapidly developing market segment for clean energy.

 SIRC aims to acquire EV Charger Installer with the opening of the Dedicated EV Charging Solutions division

On February 3, SIRC announced the official opening of the company’s electric vehicle (EV) charging solutions division. This department is currently exploring the potential to acquire multiple EV charger installers across the country to expand the SIRC Tesla certified installation network and better enable the energy infrastructure of the transportation sector of the future.

According to a new report from Precedence Research, the electric vehicle market size is set to exceed $ 39 billion by 2027 and grow by 40% from 2020 to 2027.

The main focus of SIRC within the EV charging industry will continue to be on the sale, marketing, installation and service of personal EV chargers in residential buildings as well as on the public EV charging infrastructure for network operators. The name SIRC recently referred to as a Tesla-certified installer is used here. Solar Integrated Roofing is currently exploring the potential to acquire various EV charging installers across the country to address a rapidly growing domestic EV market. Some states like California are setting aggressive regulatory targets for all new car sales to be zero emissions by 2035.

 SIRC completes national brand transition and announces completion of acquisition of Cornerstone Construction

Cornerstone had sales of $ 15 million in 2020. The company’s strong presence in the industry is expected to fuel a robust pipeline of potential acquisitions across the country
On February 25th, SIRC announced the completion of an acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina and adjacent markets.

Cornerstone had sales of $ 15 million in 2020, providing further scalability for SIRC operations. Hunter Ballew, Cornerstone CEO, is a true thought leader in the industry. He created a movement in the roofing and solar industry that helps tens of thousands of roofers and solar providers across the country each year through retreats, a mastermind and an annual conference, RoofCON.

Cornerstone Construction has served thousands of customers since 2017 and earned hundreds of 5-star ratings across the southeastern US with high quality solutions for residential and commercial rooftop and solar projects. Roofing services include expert inspection, installation, repair and replacement services, as well as gutters, windows, siding and terraces. The company designs and installs traditional solar and solar clapboard arrays that integrate seamlessly with new and existing roof systems.

 SIRC aims at first EV charging station acquisition, Pacific Lighting Management and signing of MOU

New acquisition to expand the possibilities on the important state contract market
On February 11th, SIRC announced that it had issued a Letter of Intent (LOI) to acquire Pacific Lighting Management, Inc. (“Pacific Lighting”), a GAAP-audited provider of solutions for energy services and electric vehicle charging stations, has signed for large commercial and government customers.

Since 2003, Pacific Lighting has specialized in the design and implementation of photovoltaic solar systems, energy efficiency measures and charging stations for electric vehicles for commercial and government institutions throughout the Southwest. Past Pacific Lighting customers include federal, state and local governments, school districts, hospitals and large commercial customers.

Pacific Lighting has several long term contracts (IDIQ type) with the Federal General Services Administration (GSA and GSA fleet). Pacific Lighting is also qualified as an ESCo (Energy Services Company) by the US Department of Energy.

 SIRC Completes Acquisition of Residential Solar Installer Enerev in Southern California and Aims for $ 2M in Additional Monthly Revenue

On January 21, SIRC announced that it had signed a binding term sheet to acquire Enerev, LLC, a provider of solar energy solutions for residential and commercial real estate in Southern California with over 5 years of successful installation. SIRC will acquire Enerev for a combination of cash and stocks. The transaction, along with anticipated synergies and growth opportunities, is expected to increase Solar Integrating Roofing’s revenue rate by up to $ 2 million per month by the end of calendar year 2021.

Enerev is the market leader with world class business developers and installers of solar systems. This company can greatly expand the SIRC customer base and improve work efficiency across the enterprise. SIRC will build on and accelerate these achievements by moving its team to a sophisticated and efficient system design tailored to the specific needs of each customer, including starting full oversight of the entire project with a single point of contact throughout the life of the Solar system.

For more information on Solar Integrated Roofing Corp. (SIRC) can be found at: https://www.solarintegratedroofing.com.

This is a completely new company website that just launched in January 2021. The new SIRC website has been made more dynamic, user-friendly and rich in content. It features a clean, modern design with helpful information for investors looking for additional material on SIRC, including an updated investor relations section with press releases, upcoming events, current stock price, SEC filings and financial data.

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These press releases and publications may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company’s current views with respect to future events that involve risks and uncertainties. These risks include, but are not limited to, the expectation that one of the companies mentioned here will generate significant sales, failure to comply with the schedule or the performance requirements of the companies’ contracts, the liquidity position of the companies, the ability of the companies to obtain new contracts, the emergence of competitors with greater financial resources and the effects of competitive prices. Given these uncertainties, the forward-looking events discussed in this press release may not occur.
SOURCE: CorporateAds.com

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March 01, 2021 at 3:48 pm GMT


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