#Solar/#EV #Stock News – Solar Integrated Roofing (OTC: $SIRC) Subsidiary PLEMCo Awarded 5 Year EV Charging Contract with General Services Administration; @SIRCStock

Go to Source April 27, 2022

#Solar/#EV #Stock
News – Solar Integrated Roofing (OTC: $SIRC) Subsidiary PLEMCo Awarded 5 Year EV Charging Contract
with General Services Administration; @SIRCStock

Contract
to Service $5 Billion #ElectricVehicle Supply Equipment
(EVSE) Federal Stimulus Opportunity

PLEMCO, Part of
the SIRC Family of Companies, One of Sixteen Firms in the US to Receive Federal
Blanket Purchase Agreement

HENDERSON, NV / April 28, 2022 / Solar/EV stock news from Investorideas.com
Newswire – Solar Integrated Roofing Corp. (OTC: SIRC),
 an integrated, single-source solar
power, roofing systems installation and EV charging company, today announced that
EV charging subsidiary Pacific Lighting Management (“PLEMCo”) was
awarded a 5 year Blanket Purchase Agreement (“BPA”) from the U.S. General
Services Administration (“GSA”) as part of the $5 billion in federal funds allocated
to electric vehicle charging installations in the Biden Administration’s Infrastructure
Bill.

Read this news,
featuring SRIC in full at https://www.investorideas.com/news/2022/renewable-energy/04281SIRC-PLEMCo.asp

One of the bipartisan Infrastructure Bill’s
stated goals is to install EV Charging Stations every 50 miles along the
interstate system. Although each state will establish its own priorities and
allocate infrastructure funds, all spending at the Federal, State, Local, and
Department level for government funded Electric Vehicle Supply Equipment (EVSE)
will be bid and awarded through the GSA. Installation may be done by government
entities, contracted out through a secondary bid process or by utilities. 

PLEMCo’s award is a five year Design and
Material only contract for Level 2 and Level 3 EV chargers. A second EVSE – BPA
is currently being submitted that will include Design, Equipment, and
Installation of EV Chargers, which is expected to be awarded by July.

“We are privileged to be one of only 16
companies in the United States authorized to potentially supply over 500,000 EV
charging stations across the country over the next decade,” said David Massey,
Chief Executive Officer of Solar Integrated Roofing Corp. “These stations are
set to supercharge the increasingly widespread adoption of electric vehicles by
consumers and fleets through providing charging stations across the interstate
system and filling in current gaps of service.

“We continue to see significant industry
tailwinds, as California has announced they will discontinue the sale of
internal combustion engine (“ICE”) vehicles by 2035, potentially requiring 1.2
million EV Charging station installations to be completed to support the
transition. Washington State has also announced an intention to eliminate ICE
vehicles sales even earlier, by 2030. Taken together, the EV charging market is
expected to surpass the $28.4 billion mark by 2028 and continue upwards – an
exciting opportunity for us to empower through charging installations.

“This contract further supports our strategic
shift towards prioritizing our over $30 million electric vehicle (EV) charging
project pipeline and over $20 million EV charging project backlog given the
immense near-term opportunities. This will serve to further bolster our
position as a clear national player in the space, helping to create sustainable
value for our shareholders. We look forward to additional announcements regarding
EV charging opportunities in the months ahead,” concluded Massey.

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is
an integrated, single-source solar power, roofing systems installation and EV
charging company specializing in commercial and residential properties
throughout the United States. The Company serves communities by delivering the
best experience through constant innovation & legacy-focused leadership.
The Company’s broad array of solutions include sales and installation of solar
energy systems, battery backup and electric vehicle (EV) charging stations to roofing,
HVAC and related electrical contracting work. For more information, please
visit the Company’s website at www.solarintegratedroofing.com or join us on Twitter, Facebook or Discord.

Forward-Looking Statements

Any statements made in this press release
which are not historical facts contain certain forward-looking statements; as
such term is defined in the Private Security Litigation Reform Act of 1995,
concerning potential developments affecting the business, prospects, financial
condition and other aspects of the company to which this release pertains. The
actual results of the specific items described in this release, and the
company’s operations generally, may differ materially from what is projected in
such forward-looking statements. Although such statements are based upon the
best judgments of management of the company as of the date of this release,
significant deviations in magnitude, timing and other factors may result from
business risks and uncertainties including, without limitation, the company’s
dependence on third parties, general market and economic conditions, technical
factors, the availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The company
disclaims any obligation to update the information contained in any
forward-looking statement. This press release shall not be deemed a general
solicitation.

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

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