Partnership for Solar Leasing and Financing Services
for USA Solar Networks Subsidiary
Tier-1 Strategic Partnership Expected to
Further Spur Growth of USA Solar Networks Subsidiary
EL
CAJON, CA / September 30, 2021 / Solar
stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and
roofing systems installation company, today announced the Company’s subsidiary USA Solar Networks, LLC has entered into a nationwide
partnership with Sunnova Energy International Inc. (NYSE: NOVA) to provide financing services across its
National Dealer and Contractor Network.
Sunnova, founded in 2012, is one of
the nation’s leading residential solar lenders – offering lending, leasing, and
PPA options to homeowners in 32 states throughout the country, including Puerto
Rico, with rates as low as 0.99%. The company, valued over $3.8 billion
dollars, has assisted over 160,000 homeowners experience the benefits of solar.
Under the partnership agreement, USA
Solar Networks will add Sunnova’s expansive array of financing programs to its
National Dealer and Contractor Network, giving dealers the opportunity to offer
lending, leasing and PPA options to their customers. Through the partnership, USA
Solar Networks has now expanded to over 40 states nationwide, and services over
100 solar sales organizations across the country. The Company believes this
could significantly improve sales capabilities, which could generate thousands
of projects on an annual basis, driving millions of dollars in incremental revenue.
“By combining Sunnova’s innovative
financing options with our strong ‘service first’ culture, we are quickly becoming
the premier solar provider in many areas of the country,” said Pablo Diaz, CEO
of USA Solar Networks. “Leasing capabilities have been a missing piece of our
sales program – we are truly privileged to offer this in conjunction with a
tier-1 provider like Sunnova, greatly expanding our revenue potential and
growing our potential client base by an estimated 30% or more. I look forward
to working closely with the Sunnova team to further their goal of bringing the
benefits of solar to every homeowner in the country.
About Sunnova
Energy International Inc.
Sunnova
Energy International Inc. (NYSE: NOVA) is a leading residential solar and
energy storage service provider with customers across the U.S. and its
territories. Sunnova’s goal is to be the source of clean, affordable and
reliable energy with a simple mission: to power energy independence so that
homeowners have the freedom to live life uninterrupted®. For more information, please
visit www.sunnova.com.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp.
(OTC:SIRC), is an integrated, single-source solar power and roofing systems
installation platform 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.
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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