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Friday, April 29, 2022

New #Stocks and #Trading Ideas: (Nasdaq: $DARE) (Nasdaq: $DCGO) (TSXV: $PINK.V) (TSXV: $DMT.V) (CSE: $GAMA.C) (TSX: $ANRG.TO)

 New #Stocks and #Trading Ideas: (Nasdaq: $DARE) (Nasdaq: $DCGO) (TSXV: $PINK.V) (TSXV: $DMT.V) (CSE: $GAMA.C) (TSX: $ANRG.TO)

 

New Stocks to Watch in #Biotech, #Mining and #Cleantech

 

 



 

 

Vancouver, Kelowna, Delta, BC, April 29, 2022 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Biotech, Mining and Cleantech. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at  https://www.investorideas.com/news/2022/main/04291Stocks.asp

 

Investor Ideas also recently added a new Retail Stocks List – see the news at https://www.investorideas.com/news/2022/main/04255Retail-Stocks-List.asp

 

The newest biotech companies are involved in biopharma, life sciences, medical devices, telehealth, Covid-19 treatment and psychedelics.

 

The latest mining companies are all Canadian-based and the newest cleantech company operates an organic waste to energy process.

 

New Stocks added to the Biotech Stocks Directory:

Dare Biosciences (Nasdaq:DARE) is a biopharmaceutical company committed to advancing innovative products for women’s health. The company’s mission is to identify, develop and bring to market a diverse portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, primarily in the areas of contraception, fertility, and vaginal and sexual health.

 

Adaptimmune Therapeutics plc (NasdaqGS:ADAP) is a clinical-stage biopharmaceutical company focused on the development of novel cancer immunotherapy products for people with cancer. The Company’s unique SPEAR (Specific Peptide Enhanced Affinity Receptor) T-cell platform enables the engineering of T-cells to target and destroy cancer across multiple solid tumors.

 

DocGo (Nasdaq:DCGO) is a leading provider of last-mile mobile care services and integrated medical mobility solutions. DocGo is disrupting the traditional four-wall healthcare system by providing high quality, highly affordable care to patients where and when they need it. DocGo's innovative technology and dedicated field staff of certified health professionals elevate the quality of patient care and drive business efficiencies for facilities, hospital networks, and health insurance providers. With Mobile Health, DocGo empowers the full promise and potential of telehealth by facilitating healthcare treatment, in tandem with a remote physician, in the comfort of a patient's home or workplace. Together with DocGo's integrated Ambulnz medical transport services, DocGo is bridging the gap between physical and virtual care. 

 

Lumos Pharma, Inc. (NasdaqGM:LUMO) is a clinical stage biopharmaceutical company focused on the development and commercialization of therapeutics for rare diseases. Lumos Pharma was founded and is led by a management team with longstanding experience in rare disease drug development and received early funding from leading healthcare investors, including Deerfield Management, a fund managed by Blackstone Life Sciences, Roche Venture Fund, New Enterprise Associates (NEA), Santé Ventures, and UCB. Lumos Pharma’s lead therapeutic candidate is LUM-201, an oral growth hormone stimulating small molecule, currently being evaluated in a Phase 2 clinical trial, the OraGrowtH210 Trial, and a PK/PD trial, the OraGrowtH212 Trial, for the treatment of Pediatric Growth Hormone Deficiency (PGHD). If approved by the FDA, LUM-201 would provide an orally administered alternative to recombinant growth hormone injections that PGHD patients otherwise endure for many years of treatment. LUM-201 has received Orphan Drug Designation in both the US and EU

 

Awakn Life Sciences Corp(NEO: AWKN (OTC:AWKNF) is a biotechnology company, researching, developing, and delivering revolutionary therapeutics to treat addiction. Awakn's team consists of renowned research experts and world leading chemists, scientists, psychiatrists, and psychologists. Addiction is one of the biggest unmet medical needs of our time, affecting over 20% of the global population and is an industry valued at over $100bn per annum. Awakn is disrupting this underperforming industry by rapidly advancing the next generation of psychedelic drugs and therapies to be used in combination, through preclinical research and clinical stage trials.

 

Monopar Therapeutics, Inc. (Nasdaq:MNPR) is a clinical-stage biopharmaceutical company focused on developing proprietary therapeutics designed to extend life or improve the quality of life for cancer patients. The Company's pipeline consists of Validive for the prevention of chemoradiotherapy-induced severe oral mucositis in oropharyngeal cancer patients; camsirubicin for the treatment of advanced soft tissue sarcoma; a late-stage preclinical antibody, MNPR-101, for advanced cancers and severe COVID-19; and an early-stage camsirubicin analog, MNPR-202, for various cancers.

 

Perimeter Medical Imaging, Inc AI (TSXV:PINKOTC:PYNKF) s a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need. Available across the U.S., our FDA-cleared Perimeter S-Series OCT system provides real-time, cross-sectional visualization of excised tissues at the cellular level. The breakthrough-device-designated, investigational Perimeter B-Series OCT with ImgAssist AI represents our next-generation artificial intelligence technology that is currently under clinical development.

 

Journey Medical Corp. (Nasdaq:DERM) is focused on identifying, acquiring, developing and strategically commercializing innovative, differentiated dermatology products through its efficient sales and marketing model. The company currently markets nine products that help treat and heal common skin conditions. The Journey Medical team is comprised of industry experts with extensive experience in developing and commercializing some of the most successful prescription dermatology brands. Journey Medical is located in Scottsdale, Arizona

 

P3 Health Partners (Nasdaq:PIII) is a patient-centered and physician-led population health management company. Founded and led by physicians, P3 is a team of doctors, clinicians and support service professionals with a shared passion for delivering value-based care. We leverage our deeply integrated and capital efficient care model, data and technology, physician leadership and community outreach tools to create enhanced patient outcomes and experiences, greater satisfaction for providers and caregivers and lower care costs

 

Small Pharma Inc. (TSXV:DMT) is a neuroscience company specialized in discovering and developing novel treatments for mental health conditions, with a current focus on depression. Small Pharma initiated a clinical program into DMT-assisted therapy in February 2021. This program includes a Phase I/IIa trial on the Company’s lead candidate alongside development of a robust pipeline of proprietary preclinical assets. DMT is a naturally occurring psychedelic tryptamine found in plants and in the brain of mammals. Scientific evidence suggests DMT offers the potential for rapid-acting and long-lasting antidepressant effects.

 

RenovoRx, Inc. (NasdaqCM:RNXT) is a clinical-stage biopharmaceutical company focused on fighting cancer through the localized treatment of difficult to treat tumors via its proprietary RenovoRx Trans-Arterial Micro-Perfusion (RenovoTAMP™) therapy platform. RenovoTAMP utilizes approved chemotherapeutics with validated mechanisms of action and well-established safety and side effect profiles, with the goal of increasing their efficacy, improving their safety, and widening their therapeutic window. RenovoRx’s lead product candidate, RenovoGem™, is a combination of gemcitabine and our patented delivery system, RenovoCath®, and is regulated by the FDA as a novel oncology drug product to treat unresectable locally advanced pancreatic cancer (LAPC). RenovoGem is currently being studied in the Phase 3 TIGeR-PaC trial for the treatment of LAPC. RenovoRx’s patent portfolio for its therapy platform and product candidates includes seven U.S. patents, one European patent and several additional patents pending in the US, EU and Asia. RenovoRx has been granted Orphan Drug Designation for intra-arterial delivery of gemcitabine for the treatment of both pancreatic cancer and bile duct cancer. RenovoRx won the Drug Delivery Technology category of the Fierce Innovation Awards – Life Sciences Edition 2020 for its RenovoTAMP technology.

 

Panbela Therapeutics (NASDAQ:PBLA) is a clinical-stage biopharmaceutical company developing disruptive therapeutics for patients with urgent unmet medical needs. The company’s initial product candidate, SBP-101, is for the treatment of patients with metastatic pancreatic ductal adenocarcinoma, the most common type of pancreatic cancer. Panbela Therapeutics, Inc. is dedicated to treating patients with pancreatic cancer, ovarian cancer, and exploring SBP-101’s potential for efficacy in combination with other agents in other cancer indications.

 

Marker Therapeutics, Inc. (Nasdaq:MRKR) is a clinical-stage immuno-oncology company specializing in the development of next-generation T cell-based immunotherapies for the treatment of hematological malignancies and solid tumor indications. Marker’s cell therapy technology is based on the selective expansion of non-engineered, tumor-specific T cells that recognize tumor associated antigens (i.e. tumor targets) and kill tumor cells expressing those targets. This population of T cells is designed to attack multiple tumor targets following infusion into patients and to activate the patient’s immune system to produce broad spectrum anti-tumor activity. Because Marker does not genetically engineer its T cell therapies, we believe that our product candidates will be easier and less expensive to manufacture, with reduced toxicities, compared to current engineered CAR-T and TCR-based approaches, and may provide patients with meaningful clinical benefit. As a result, Marker believes its portfolio of T cell therapies has a compelling product profile, as compared to current gene-modified CAR-T and TCR-based therapies.

 

Dynatronics Corporation (NasdaqCM:DYNT) is a leading medical device company committed to providing high-quality restorative products designed to accelerate achieving optimal health. The Company designs, manufactures and sells a broad range of products for clinical use in physical therapy, rehabilitation, pain management, and athletic training. Through its distribution channels, Dynatronics markets and sells to orthopedists, physical therapists, chiropractors, athletic trainers, sports medicine practitioners, clinics, hospitals, and consumers. The Company's products are marketed under a portfolio of high-quality, well-known industry brands including Bird & Cronin®, Solaris™, Hausmann®, Physician's Choice®, and PROTEAM™, among others

 

Aravive, Inc. (Nasdaq:ARAV) is a late clinical-stage oncology company developing targeted therapeutics to treat metastatic disease. Our lead product candidate, batiraxcept (formerly AVB-500), is an ultra-high affinity decoy protein that binds to GAS6, the sole ligand that activates AXL, thereby inhibiting metastasis and tumor growth, and restoring sensitivity to anti-cancer agents. Batiraxcept has been granted Fast Track Designation by the U.S. FDA and Orphan Drug Designation by the European Commission in platinum-resistant recurrent ovarian cancer. Batiraxcept is in an active registrational Phase 3 trial in platinum resistant ovarian cancer (NCT04729608), a Phase 1b/2 trial in clear cell renal cell carcinoma (NCT04300140), and a Phase 1b/2 trial in pancreatic adenocarcinoma (NCT04983407).

 

New Stocks added to the Mining Stocks Directory:

Pacton Gold Inc. (TSXV:PAC) is a Canadian exploration company with key strategic partners focused on the exploration and development of high-grade gold properties located in the Red Lake gold rush in Ontario, Canada. The Company also owns a strategic portfolio of prospective projects in the district-scale Pilbara gold rush in Western Australia.

 

Gama Explorations Inc. (CSE:GAMA) is a Canadian company listed on the Canadian Stock Exchange. The Company is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of copper. The company currently has the right to acquire 100% interest in the property known as the Big Onion Project located a short 20-minute drive from the town of Smithers in northern British Columbia. The Company’s objective is to explore and, if warranted, develop the Big Onion Property. It is the intention of the Company to remain in the mineral exploration business. The Company will evaluate opportunities to acquire interest in additional exploration stage mineral properties.

 

Prudent Minerals Corp. (CSE: PRUD) is an exploration stage natural resource company engaged in the evaluation, acquisition and exploration of mineral resource properties with the intention, if warranted, of placing them into production.  Prudent currently has an option to acquire a 100% interest in its principal project, the SAT Property, a series of copper prospective claims located in westcentral British Columbia, approximately 10 kilometres west of the town of Granisle, British Columbia.

 

New Stocks added to the Cleantech Stocks Directory:

Anaergia Inc. (TSX:ANRG.TO) was created to eliminate a major source of greenhouse gases ("GHGs") by cost effectively turning organic waste into renewable natural gas ("RNG"), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

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#Cleantech #Stocks in the News: Solar Integrated Roofing (OTC: $SIRC) Subsidiary Awarded 5 Year #EV Charging Contract; @SIRCStock

#Cleantech #Stocks in the News: Solar Integrated Roofing (OTC: $SIRC) Subsidiary Awarded 5 Year #EV Charging Contract; @SIRCStock

 

HENDERSON, NV / April 29, 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 SIRC in full at

https://www.investorideas.com/news/2022/renewable-energy/04291SIRC-EV-Charging-Contract.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 TwitterFacebook 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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Thursday, April 28, 2022

The #ResidentialSolar Sector is Heating up - (OTCQB: $SING) (NYSE: $SUNL) (NASDAQ: $MAXN), (NASDAQ: $RUN), (NASDAQ: $TSLA) @_SinglePoint_ @SunlightLoans @MaxeonSolar @Sunrun @Tesla

The #ResidentialSolar Sector is Heating up - (OTCQB: $SING) (NYSE: $SUNL) (NASDAQ: $MAXN), (NASDAQ: $RUN), (NASDAQ: $TSLA) @_SinglePoint_ @SunlightLoans @MaxeonSolar @Sunrun @Tesla 

 

Vancouver, Kelowna, Delta, BC – April 28, 2022 - Investorideas.com, a leading investor news resource covering solar and sustainable energy stocks releases a special report featuring SinglePoint, Inc. (OTCQB:SING), on the growth trend in residential solar and how this is linked to overall growth in solar energy adoption and energy independence.

 

Read this article, featuring SING in full at https://www.investorideas.com/news/2022/renewable-energy/04282Residential-Solar.asp

The global solar power market size was USD 170.55 billion in 2020. According to a recent report published by Fortune Business Insights, the global solar power market is projected to reach USD 293.18 billion by 2028, exhibiting a CAGR of 6.9% during the forecast period. Increasing Rooftop solar panels demand for commercial applications and residential use to fuel the global solar power market growth.

 

Overall, the US residential solar market expanded by almost 30% year-on-year to a record 4.2 GW in 2021, even as installers faced a number of headwinds, including supply chain difficulties, rising system prices and Omicron-related labor shortfalls.

 

SinglePoint, Inc. (OTCQB:SING), a renewable energy and sustainable solutions provider, recently announced the closing of The Boston Solar Company, LLC acquisition. Boston Solar is a leading solar installer based in Massachusetts, booking $17.7m in revenue for FY2021. It is estimating revenues of at least $25m in 2022, with more than $16m already contracted and in the installation pipeline. Boston Solar is the first of multiple acquisitions the company intends to close this year. Closing this acquisition starts the timeline for SinglePoint to start its up-listing application process to achieve the goal of a NASDAQ listing in 2022.  

 

"Boston Solar has been serving the New England market, primarily in Massachusetts, since 2011 and we are proud to have been selected by the Boston Red Sox to install a solar system at the new MGM Music Hall at Fenway. We pride ourselves on exceptional customer service and we plan to continue our operations in that manner as we expand our offerings, with the support of SinglePoint," said Mr. Mello Guimaraes, CEO of Boston Solar.

 

“This acquisition by SinglePoint strategically aligns with the growth plan we had in mind for Boston Solar. We spent the last several months ensuring we had synergy with the overall mission and vision of SinglePoint. Our shared values and corporate culture will drive exponential growth and expansion. Through Boston Solar and our strong foothold in Massachusetts, we have multiple accretive acquisitions identified that we will be pursuing," concluded Mr. Guimaraes.

 

SinglePoint plans to continue expanding its operational footprint as it acquires additional full service solar EPC (Engineering, Procurement & Construction) companies throughout the nation. The Company is targeting established solar companies in specific markets that can complement each other and yield synergies and economies of scale. The Company's acquisition plan will grow the revenue and profit base and will position SinglePoint for significant growth going forward. With recent government funding initiatives announced and periodic interruptions to the power grid, homeowners, business owners and small commercial owners are searching for ways to ensure that they have access to constant and dependable power.

 

"The addition of Boston Solar is a milestone for SinglePoint," stated Wil Ralston, CEO of SinglePoint. "This acquisition moves us in the right direction to achieve our goals of building the nation's leading solar services network. As the electrification of everything continues and the importance of obtaining consistent and reliable energy access, we see a long-term future for solar, EV Charging and Energy Storage. We are excited to welcome Boston Solar and their entire experienced professional team. With this acquisition we are addressing the massive residential opportunity with the leading residential company in the New England area which shares the common core values of providing best in class customer service and honest treatment of all customers across the board as evidenced by their impressive business history in the market and positive customer reviews."

 

Solar energy accounted for 46% of all new electricity generated in 2021 and the market is expected to grow at 10% CAGR over the next 5 years as per the latest report by Technavio. Solar and the Renewables market, including Energy Storage and EV Charging, is a long-term opportunity as the current addressable market for residential and small commercial market penetration remains largely underserved with reportedly less than 4% of the market covered. Over the last decade solar pricing has drastically decreased, making the transition to solar more economically attractive to consumers. Lower prices, coupled with demand for energy independence and resilience, sets the stage for SinglePoint to establish market leadership within the renewable energy space.

 

SinglePoint has established rigorous criteria for future acquisitions as they expand their reach and increase value for customers, the business, and their shareholders. Over the next 18 months, the Company plans to add additional high quality regional installers to build out a nationwide network of service providers. The Company aims to be the single point of contact to support homeowners and business owners as they move toward utilizing renewable energy sources, from solar panels on the roof, to energy storage, and the EV charger in the garage. SinglePoint and its subsidiaries will be the premier option with white glove service and lifelong relationships.

 

Sunlight Financial (NYSE: SUNL), a premier, technology-enabled point-of-sale financing company is also aiming at expanding residential solar networks having recently announced a new suite of 30-year loan products for residential solar. Available at Annual Percentage Rates (APRs) of 1.99%, 2.99%, and 3.99%, Sunlight’s 30-year loans reduce monthly payments for residential solar systems, making solar more affordable and accessible. Hundreds of Sunlight installation partners nationwide now offer Sunlight’s 30-year loans to their customers.

 

"Sunlight enables a homeowner to finance a residential solar system in the same way they likely financed their home – with a 30-year loan," said Matt Potere, CEO of Sunlight Financial. "The 30-year mortgage is by far the most popular home loan, which is why Sunlight is excited to be the first company to enable installers nationwide to offer 30-year solar loans. Our latest product enhancement will reduce monthly payments, facilitating homeowners’ transition to clean and affordable renewable energy."

 

From the news: Sunlight’s digital, end-to-end point-of-sale platform delivers instant credit decisions and automated loan processing and funding, creating a seamless process for the sale of residential solar systems and other home improvements. Through thoughtful risk management, Sunlight has delivered outstanding loan performance and industry-leading credit quality to its diverse set of capital providers. The more than 160,000 solar systems financed through Sunlight’s proprietary technology platform, Orange®, as of December 31, 2021 will produce enough solar energy to avoid the emission of nearly 28 million metric tons of carbon dioxide into the atmosphere.

 

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels is also looking at new partnerships to improve its coverage having announced a new partnership with leading software provider, OpenSolar to provide its trusted installer network with Maxeon's SunPower Design, an exclusive software tool with unmatched design accuracy and speed. As a result, Maxeon's installer network can design the industry's most accurate proposals in a matter of minutes, providing their customers with optimal customer service while maximizing their workflow efficiencies. Maxeon's SunPower Design complements the new suite of tools available to installers affiliated with Maxeon. In addition to Maxeon's SunPower Design, the first release of this new suite includes advanced education programs, integrated online ordering including logistics updates, as well as marketing tools and branded merchandise.

 

"The new digital tools are the cornerstone of our customer-centric business transformation, focused on providing a better experience as well as simplifying the buying process for our trusted channel partners," said Mark Babcock, Chief Revenue Officer of Maxeon Solar Technologies. "We are working hard to deliver a comprehensive, easy-to-use platform to service our channel partners' most pressing needs and solve their pain points so that they can focus on their core business. We expect our digital toolkit to become, release after release, a true virtual assistant for our installers, delivering the right information at the right time to gain efficiency in their sales, procurement and installation processes."

 

From the news: Highlighting OpenSolar partnership strengths, Ralf Elias, Chief Product Officer of Maxeon Solar Technologies, said, "The combined effort with OpenSolar in particular allows us to offer industry-leading software specifically customized to emphasize the value that our premium panel technology can deliver to end customers in the long term, further helping our partners to differentiate from the competition. We expect OpenSolar capabilities to enable us to quickly deploy a new powerful tool to hundreds of installers globally and help them to scale fast in such a pivotal time for the energy transition."

 

In a Renewablesnow recent news article, it was reported that Sunrun Inc (NASDAQ:RUN) remained the top installer in the US residential solar market for the fifth year running in 2021, although its market share declined for the second consecutive year, contracting to 13% by almost a point since 2020.

 

Continued: This follows Sunrun’s recent release of its 2021 Impact Report, accelerating progress and setting ambitious goals for leading on Environmental, Social and Governance (ESG) initiatives. Notable achievements included providing over $800 million in energy cost savings to customers; increasing gender and Black, Indigenous, and People of Color (BIPOC) representation throughout the company; and Sunrun solar systems generating 20 billion kilowatt-hours of clean energy since 2007, helping avoid approximately 11.2 million metric tons of carbon dioxide equivalent (CO2e)the equivalent of taking 2.4 million cars off the road for a year.

 

Continues: Other players are also experiencing significant growth such as California-based Freedom Forever, which grew its installation volumes by 80% in 2021 and captured 3.9% of the market, overtaking Tesla Inc (NASDAQ:TSLA) as the number three installer.

 

Continues: The analyst firm expects Tesla to keep moving down installer rankings over the next quarters as the company shifts its business model towards a full-suite technology supplier and gets more dependent on subcontractors for solar installations, said Wood Mackenzie research associate Caitlin Connelly.

 

As the overall solar industry continues to expand due to growing energy demands, the improvements in energy efficiency through new technology, as well as the lower cost of solar production, are driving this industry into all networks of life which is great news for residential areas with high solar potential. Some companies in the past focused on residential too early and customers experienced poor installations and inconsistent energy production, but as the commercial side of the industry has advanced, residential areas can now start to benefit from today’s advanced solar grids. The future is looking bright for solar.

 

Research more solar and renewable energy stocks at our stock directory

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

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

#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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