Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis;

Summary

• Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis; Solar Integrated.

The solar industry needs a lot of new workers fast, according to a newly-released report '11th Annual Solar Jobs Census' by the Solar Energy Industries Association (SEIA) and BW Research, as reported by site PVTECH. The analysis finds that the solar industry requires a four-fold increase in its number of workers for the Biden administration to hit its target goal of zero-emissions by 2035. It says that the solar supply chain will need 900,000+ workers by 2035. To reach that number, the report said, it used historical measurements of workers required to attain utility scale deployments in the past. As solar develops, it will require fewer workers per kilowatt deployed — but it will require more workers as it deploys more kilowatts in the future clean energy economy it envisions. Solar jobs, it said, stayed the same in solar now in California, New York, Massachusetts, Florida and Texas. But where will Biden find this many new solar workers needed in the future?

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Focuses On Solar Growth

The new Solar Census report finds that the trajectory statistics suggest that the solar industry will employ about 400,000 workers by 2030. That’s dovetails with the deadline needs. But then it will have to more than double the solar workforce to some 900,000 by the 2035 decarbonization deadline date. Either the Biden administration will be short solar workers needed, or the SEIA will need to ‘lay the groundwork’ to hire and train these workers. According to the newly-released report '11th Annual Solar Jobs Census' by the Solar Energy Industries Association (SEIA), the prime time for recruiting and training new workers will be the period from 2030-2035.

The Census report concludes, “We now have the opportunity to quadruple our workforce, adding diversity and supporting underserved communities by taking policy steps that incentivize solar and storage deployment and provide long-term certainty for solar businesses,” according to SEIA CEO Abigail Ross Harper. Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Focuses On Solar Growth.

Solar And Wind Trajectory Will Not Be Enough To Decarbonize By 2035 Deadline

Research finds that the solar and wind trajectory currently seen will not be enough to decarbonize the nation’s power sector by the deadline of 2035. Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Focuses On Solar Growth.

Headwinds For Solar: Finding Enough Workers And Overcoming Need For Enough Solar Materials

Finding solar employers is one important headwind issue to meeting the 2035 decarbonize goal of 2035. Another is the lack today of enough solar materials to meet demand. According to Reid Ribble, CEO of the National Roofing Contractors Association (NRCA), the industry faces material shortages and supply issues, including insufficient trucking delivery support. The roofing industry sees new business opportunities. On the positive side, he said, are three rounds of federal stimulus money and a softening of the COVID-19 crisis. As a result, he sees a return to normal supply levels after another full season passes. But is that enough to keep solar deployments on the 2035 deadline schedule Biden has set?

David Massey, CEO of SIRC, said of the supply headwinds, “My only concern is material. With COVID, a lot of the plants have shut down, there is a material shortage and there are cost increases. We have the labor pretty well covered but if manufacturers in the roofing can keep up with demand, then we can keep up and materials are my only concern.”

Scott Schumacher, VP of Owens Corning Roofing, said, “The events of the last year reinforced many lessons for us. First among them was that our industry is resilient. In a time of unprecedented uncertainty, everyone in the roofing industry was challenged to adapt the way they operated to maintain their businesses.”

David Massey, CEO of Solar Integrated Roofing Corp.’s (OTC PINK: SIRC), Is Upbeat About Roofing And Solar’s FutureDavid Massey, CEO of Solar Integrated Roofing Corp.’s (OTC PINK: SIRC), is an optimist. He sees roofing and solar as vital to the nation, especially in market cities where storms — such as tornados and hail — continue to create demand growth for new roofs and solar. Texas is one such market, he says.

Massey said, “We sincerely feel like Texas, especially just after having a storm, is a prime, prime area for roofing and solar and that is kinda storm country there. When they get hail storms there, the roofs fly off the shelves. They are selling 100-200 roofs a day. In California, that is like three months of work for us so it’s an exciting market and we are really excited to get in that market.” Solar Industry Will Need To Quadruple Its Workforce To Eventually Reach 900,000 For Biden Administration To Achieve Its Carbon-Free Renewable Energy Goal By 2035, According To New Analysis; Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Focuses On Solar Growth.Triple Combo Tornado And Hail Storm Causes $ Billions In Damages

Texas and Oklahoma were hit recently with a triple combo tornado and hail storm. Damage was estimated at larger than $1 billion in Oklahoma and perhaps as high as $3.5 billion in the two states combined from a triple combination of 4-inch hail and tornados. The damages include roofs which need repair. David Massey is right about roof replacement and repaid being a lucrative market in Texas. The storm also created an opportunity for SIRC-owned Cornerstone Construction, which operates in five states including Tulsa, Oklahoma.

According to the Solar Census report, solar needs to identify and train 900,000 workers to meet the Biden administration’s 2035 deadline goal.

Learn more about SIRC at Leadership - SIRC IR