May 13, 2022 (Stock Market Press via COMTEX) -- A new Deloitte study says five key trends are emerging as solar and alternative energy get ready to brand out in 2022 into the decades ahead . They are: 1) New Technologies for next-generation investments; 2) New Business Models For Alternative Energies; 3) Transmission Infrastructure for Offshore Wind; 4) New Supply Chain Strategies; and 5) Sustainable Growth In A Circular Economy. Solar Integrated Roofing Corp.'s performance (OTC PINK: SIRC) is vital to alternative energy growth.
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New Deloitte Study Says Five Trends Emerging As Solar, Alternative Energy Branches Out From 2022 In Decades Ahead; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Active In Solar And Electric Vehicle Charging
North America, with all its solar initiatives, will lead a 13.8% spike in concentrated solar market size now through 2030, a new study by Precedence Research Shows. As a result, worldwide solar growth will hit $133.43 billion by 2030 . Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) is committed to solar alternative energy and carbon capture.
SIRC is building a nationwide brand in solar. SIRC plays an important role in the growth of solar by selling an installing customized solar systems with rechargeable solar batteries that retain excess solar electricity generated during the daytime — and either selling it the centralized utility electrical grid -- or conserving it for future use by the solar owner.
SIRC now sells and sells storage and sophisticated management components from Enphase (NASDAQ: ENPH) or even rechargeable Tesla (NASDAQ: TSLA) rechargeable solar battery PowerWall units. Global Concentrated Solar Growth will expand by 13.8% CAGR to reach $133.43 Billion by 2030, Precedence Research Reports, with North America the fastest growing region.
New Deloitte Study Says Five Trends Emerging As Solar, Alternative Energy Branches Out From 2022 In Decades Ahead; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Active In Solar And Electric Vehicle Charging.
Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) core business is installation of rooftop solar -- which this Report says is a long term thriving industry. Installation for solar panels will grow at a 7.3% CAGR rate from 2020-2026.
High demand for rooftop solar will drive installation sales through at least 2026 by a 7.3% fast CAGR, the recent report shows. The solar industry, like other construction specialties, is exposed to supply chain shortages, price hikes, pandemics/variants and all kinds of impediments. Yet, consumer demand for more solar installations will drive its future at least through 2026, it finds.
The new Deloitte study specifies the application of of specific real-time business trends to the growth of alternative energy in the years ahead. Instead of lofty offshore wind concepts that may work, the Deloitte study focuses on emerging business strategies that can make solar and other alternative energies successful.
-- New technologies includes the emerging trend towards advocating green hydrogen as a newer goal of alternative energy. It will take pilot projects often funded by a new wave of investors. They can make carbon-free electricity possible and a reality.
-- New business models such as solar-plus-storage build outs are already here and growing in number. Pairing solar energy with storage management is a relatively new strategy. Community solar projects are also a new form of implementing solar efficiency. It is coming to new markets in the US.
-- Infrastructure development is key to the success of connecting regional alternative energy — such as offshore wind. The Deloitte study says infrastructure connection will be a key priority for the future.
-- Supply chain strategies to improve and update early installations are important. Compliance monitoring will grow in importance in alternative energy fields, the report finds.