Sol Systems LLC has acquired a 37 MW DC solar development project in Morgan County, Ill., from Lightrock Power. Sol Systems acquired the project through an RFP process executed on LevelTen Energy’s Asset Marketplace and it is part of Sol Systems’ growth strategy to scale its Impact + Infrastructure platform across the U.S. “This acquisition […]
The post Lightrock Sells 37 MW Prairie Creek to Sol Systems Through LevelTen Marketplace appeared first on Solar Industry.
Department of Commerce AD/CVD Circumvention Inquiry
The post Department of Commerce AD/CVD Circumvention Inquiry appeared first on ACORE.
Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy, has started construction of the 120 MW Jackpot Solar project in Twin Falls County, Idaho. This is the organization’s first utility-scale renewable energy project in the state, and once complete, it will be the largest solar facility in operation in Idaho. Jackpot Solar, which […]
The post Duke Energy Begins Jackpot Solar Construction with Idaho Power PPA in Place appeared first on Solar Industry.
DSD Renewables (DSD) and Caesars Entertainment have broken ground on an 8.4 MW solar portfolio spanning three Caesars properties in Atlantic City, N.J. The projects will help propel Caesars toward its goal of reducing greenhouse gas emissions by 100% before 2050. The portfolio includes two solar canopies (1.7 MW and 886 kW) at Caesars Atlantic […]
The post DSD, Caesars Start Installation of Solar Portfolio in Atlantic City appeared first on Solar Industry.
Solar installation forecasts for 2022 and 2023 are being cut by 46% due to the Biden administration’s circumvention case against solar imports from Southeast Asia. According to a new analysis by the Solar Energy Industries Association (SEIA), the case will result in a drop of 24 GW of planned solar capacity over the next two […]
The post U.S. Tariff Case Could Jeopardize 100,000 Solar Jobs appeared first on Solar Industry.
Florida Gov. Ron DeSantis has vetoed the recently passed CS/CS/HB 741 – Net Metering bill, which requires the Public Service Commission (PSC) to revise its rules on net metering of customer renewable generation, effective January 1, 2024. The revised rule must provide that excess electricity used by the customer is billed in accordance with normal […]
The post DeSantis Vetoes Florida Net Metering Bill appeared first on Solar Industry.
Energy storage solutions provider Convergent Energy + Power has begun operation of three more Maryland-based solar-plus-storage systems developed for Choptank Electrical Cooperative. These systems are in addition to the two systems Convergent has been operating for the utility since 2019. These new systems add 4 MW/8 MWh of storage and over 2 MW of solar […]
The post Convergent Powers Additional Solar+Storage Systems in Maryland appeared first on Solar Industry.
#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
Paid News -Disclaimer/Disclosure: . Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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TotalEnergies is further expanding its presence in the U.S. renewable energy industry by acquiring Austin, Texas-based Core Solar LLC, which has a portfolio of more than 4 GW of utility-scale solar and energy storage projects at various stages of development across several U.S. states and power markets. Core Solar’s CEO Greg Nelson and his employees […]
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