Solar Market Set to Explode: Solar Integrated Roofing (SIRC) Sees Record $3.3M Revenues Quarter-to-Date and more
November 18 2020 - 8:15AM
InvestorsHub NewsWire
Solar Market Set to
Explode: Solar Integrated Roofing (SIRC) Sees Record $3.3M Revenues
Quarter-to-Date and more
New York, NY -- November 18, 2020 -- InvestorsHub NewsWire -- via
Stock Market Press -- Stock Market Press is a leading
financial news company that delivers up to date stock news. In
today’s release, we discuss Solar Integrated Roofing Corp’s
(OTC PINK:SIRC) record setting Q3 to date
revenues which top $3.3 Million, that's over a 50% increase
Year-over-Year, along with Alternet Systems, Inc. (OTC
PINK:ALYI), Singlepoint, Inc. (OTC
PINK:SING) and Alpine 4 Technologies Ltd. (OTC
QB:ALPP).
According to SEIA.org, the US solar market will see a near 50%
increase in installed solar in the next 4years, than the past 5
years, a total of almost 100 GWdc. (https://www.seia.org/us-solar-market-insight)
Solar Integrated Roofing Corp’s (OTC PINK:SIRC) continues their extensive
acquisition strategy with a recently announced HVAC acquisition,
tying in solar and HVAC, a monstrous deal with an urgent need
across the state of California which continues to deal with
under-served energy, causing rolling brown-outs and black-outs.
This also extends to other states. And with the Milholland
Electric, Inc.acquisition, taps into Nasdaq traded Tesla (TSLA),
via their Tesla Powerwall Certified Installer (TPCI)
certification.
Solar Integrated Roofing Sees Record $3.3 Million Revenues
Third Quarter-To-Date, Over 50% Increase
Year-Over-Year
Solar Integrated Roofing Corp. (OTC
PINK:SIRC), an integrated, single-source solar power and
roofing systems installation company, announced today that it has
realized record revenue quarter-to-date, seeing revenues of greater
than $3.3 million for the months of September and October 2020.
“The third quarter of 2020 has been highlighted by continued growth
of our highly complementary solar and roofing businesses,” said
David Massey, Chief Executive Officer of Solar Integrated Roofing
Corporation. “With supportive industry trends driving increased
solar adoption and our significant cross selling opportunities
across solar, battery backup installation, roofing and related
HVAC/electrical contracting work, we have driven what I expect to
be a record third quarter, with year-over-year revenue growth in
excess of 50% to $3.3 million at an expected 40% gross margin for
the months of September and October 2020.
“As we continue to achieve scale through acquisition, such as our
recently announced HVAC acquisition or potential future Enerev
acquisition after the completion of our 30-day joint venture, I
would expect continued record-breaking results for us as we fully
realize the immense cross-selling benefits that face us today,”
concluded Massey.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corporation (OTC
PINK:SIRC), is an integrated, single-source solar power and
roofing systems installation company specializing in commercial and
residential properties in the Southern California market. For more
information, please visit the Company’s website at www.solarintegratedroofingcorp.com.
Recent headlines from Alternet Systems, Inc. (OTC
PINK:ALYI), SinglePoint, Inc. (OTC
PINK:SING) and Alpine 4 Technologies Ltd. (OTC
QB:ALPP)
ALYI Announces Plans To Take Pre-Orders For Its Retro
ReVolt Electric Motorcycle Starting In December
Alternet Systems, Inc. (OTC
PINK:ALYI) today announced plans to start taking orders for its
Retro ReVolt BMW R71 Clone Electric Motorcycle starting in
December. The ReVolt BMW R71 Clone Electric Motorcycle will only be
available in North America. It will be available both as a complete
unit and as a kit that can be assembled on the buyers own BWM R71
frame.
SinglePoint Inc. Files 3rd Quarter 2020 Financial Results,
Highlighting Operational Improvements and YTD Financial
Results
SinglePoint, Inc. (OTC
PINK:SING) ("SinglePoint" or the "Company") reports financial
results for the three and nine months ended September 30, 2020.
Over the course of the past two quarters the company has expanded
coverage into 38 states and signed agreements with leading solar
industry partners deepening its residential installation, equipment
and financing offerings that position the company for continued
revenue growth in 2021. Direct Solar of America is better prepared
to withstand some of the impacts of a second shutdown due to the
swift pivot to a mostly virtual sales platform earlier this year
which allows us to reach residential customers who are looking for
ways to make home improvements as the Work from Home trend
continues. Previous state by state closures made growth more
difficult. The company quickly adapted and established new
processes that have proven to be more profitable and scalable
setting up for a robust 2021, anticipating a return to a new
normal.
Alpine 4 Technologies, Ltd. (ALPP) Enters the Commercial
Drone Market With its Acquisition of Impossible Aerospace
Corporation
Alpine 4 Technologies, Ltd., (OTC
QB:ALPP) owner of leading small market businesses, announced
today that it has entered into a binding merger agreement with
Impossible Aerospace Corporation. Impossible Aerospace builds
high-performance electric aircraft and drones. Its customers
range from the US Airforce to the City of Santa Clara, and other
municipalities. Impossible Aerospace is Alpine 4's first
acquisition in the UAV space and will serve as a cornerstone to
build upon. The shareholders of Impossible Aerospace
are primarily a grouping of larger venture capital funds such as;
Bessemer Venture Partners, Eclipse Ventures, Airbus Ventures, and
its CEO, Spencer Gore.
As you can see, the solar market is back, stronger than ever, and
ready to make major inroads in the energy industry, offsetting
coal, natural gas, nuclear and more. Solar Integrated Roofing
Corporation (OTC
PINK:SIRC) is targeting solar energy production and storage for
both small and large customer needs, from homes to commercial
buildings. What better way to charge your Alternet Systems,
Inc. (OTC
PINK:ALYI) Retro ReVolt Electric Motorcycle than
with a solar unit. Singlepoint, Inc. (OTC
PINK:SING) and Alpine 4 Technologies Ltd. (OTC
QB:ALPP) are two other companies that are also expanding their
reach in the industry as seen in their recent announcements.
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SOURCE: Stock Market Press
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