Breaking Solar News – SinglePoint (CBOE:
$SING) subsidiary Boston
Solar Announces Strategic Sales Partnership with SolarizeNE to Grow and Expand
the Residential Customer Footprint to 500,000+ New Households in Massachusetts
Not Previously Served by Boston Solar; @_Singlepoint_
@BostonSolarCo
Boston, MA, August 20,
2024 - (Investorideas.com Newswire) SinglePoint Inc. (CBOE:SING), ("SinglePoint"
or "the Company") subsidiary Boston Solar (www.bostonsolar.us), a
proud partner of the Boston Red Sox and a leading provider of solar energy
solutions in Massachusetts since 2011, is proud to announce the onboarding of
Solarize NE (www.solarizene.com) as a strategic residential sales channel
partner. The Agreement between Solarize NE and Boston Solar expands its market
reach to an additional 500,000 potential customers across segments of
Massachusetts not previously served by Boston Solar. Solarize NE based in
Leominster, MA is a trusted, family-owned company with 30+ years of combined
experience.
Boston
Solar is a comprehensive engineering, procurement, and construction (EPC) solar
services company with 1,100 5 Star reviews and in June 2024 announced that it
had surpassed 6,000 Residential Solar installations in Massachusetts. Boston
Solar was recently named as by MarketWatch and this Old House as a Top 6 Solar
Company in Massachusetts.
Solarize
NE will compliment and partner with Boston Solar's internal sales teams
allowing for installation expansion into areas of the state not previously
serviced by Boston Solar. Solarize NE has built a reputation for their expert
guidance and advice for customers seeking to go solar. As part of Solarize NE
analysis including customer energy savings they routinely assess and recommend
top tier solar installation vendors like Boston Solar to their customers.
This news is paid
advertisement/ news disseminated on behalf of/issued on behalf of SinglePoint
Inc.
Read this news
featuring SING in full at https://www.investorideas.com/news/2024/08201SING-Boston-Solar.asp
"We
are excited to integrate and partner with a premier third-party sales group to
expand Boston Solar's footprint to additional residential households in
Massachusetts," says Wil Ralston CEO of SinglePoint. "Solarize NE
understands the intricacies of the Massachusetts' market and shares Boston
Solar's commitment to serving residential solar customers. Boston Solar is more
than just a solar installation company - it's a dedicated group of
professionals committed to bringing clean, renewable energy to homes and
businesses across Massachusetts. The Boston Solar team combines deep local
knowledge with industry-leading expertise to deliver exceptional solar
solutions tailored to the unique needs of the communities across
Massachusetts."
As
part of the continuous improvements at Boston Solar since the acquisition by
SinglePoint, Inc. and post naming Mike Morlino as its new President earlier
this year, Boston Solar has made improvements to its internal engineering
platform allowing third party sales groups seamless interaction with Boston
Solar's engineering and support teams.
"According
to SEIA, the Solar Energy Industry Association it took America nearly 50 years
to reach 5 million solar installations and it will only take 6 years to reach
10 million solar installations. We firmly believe in the long-term viability of
owning and operating leading local residential and small commercial solar
installation companies and we continue to invest and reposition capital and
resources within Boston Solar to match the current market conditions and to be
prepared to capitalize on the long-term success forecasted for the solar and
energy storage industry," stated Michael Morlino, President Boston Solar.
"My senior leadership is focused on ensuring Boston Solar is scaled and
prepared for scale that will allow the company to grow responsibly and enhance
its profitability. The national macro solar market has been severely challenged
this year resulting in several companies that have not had access to capital or
that could not adjust to the higher interest rates and the effects that it had
on their product purchases and customers to cease operations. Boston Solar has
utilized this time to enhance our internal operations through reduction of
overhead costs and improvement of the technology stack all of which will drive
improved efficiency through the business units. As the Solar market rebounds
and begins to aggressively grow again, we will be positioned to capitalize."
Mr.
Morlino and Stephen McPhee, VP of Operations are focused on developing and
leveraging local partnerships that expand Boston Solar's footprint throughout
the state of Massachusetts and the New England Region. Boston Solar is
committed to becoming the premier installer of choice for customers looking for
residential and small commercial solar solutions. Massachusetts is currently
ranked as the number eleven state in the USA for solar operations. Homes in New
England present many complex and unique engineering challenges. Our 10+ years
of experience in the market led us to investing and improving our systems to
create a tool that seamlessly integrates sales and engineering. This tool can
now be utilized to bring on leading 3rd party sales groups like Solarize NE
with the goal of increasing Boston Solar's existing Residential Solar business
by at least twenty percent (20%).
For
more information about Boston Solar and its services, please visit
www.bostonsolar.us.
About Boston Solar
Boston
Solar is a subsidiary of SinglePoint Inc. (CBOE: SING). Since its founding in
2011, Boston Solar has installed more than 6,000 residential and commercial
solar arrays, powering thousands of homes and businesses in New England,
primarily in Massachusetts. The mission of Boston Solar is to provide superior
clean energy products, exceptional customer service, and the highest-quality
artistry in residential and commercial installations.
Boston
Solar has accumulated several distinctions of recognition of the company's outstanding
triumphs:
·
Honored with Guildmaster Award from
GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional
customer service within the residential construction industry.
·
Named a Top Solar Contractor by Solar Power
World magazine for five consecutive years.
·
Recognized by the Boston Business Journal's
"Largest Clean Energy Companies in Massachusetts" list.
Boston
Solar is a Solar Energy Business Association of New England (SEBANE) member.
The company is headquartered at 12 Gill St. Suite - 5650 Woburn, MA 01801.
Learn more at: www.bostonsolar.us.
About SinglePoint Inc.
SinglePoint
Inc. is a renewable energy and sustainable lifestyle company focused on
providing environmentally friendly energy efficiencies and healthy living solutions.
SinglePoint is initially focused on building the largest network of renewable
energy solutions and modernizing the traditional solar and energy storage
model. The Company is also actively exploring future growth opportunities in
air purification, electric vehicle charging, solar as a subscription service,
and additional energy efficiencies that enhance sustainability and a healthier
life. For more information, visit the Company's website (www.singlepoint.com).
Forward-Looking Statements
Certain
statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934 and are subject to the safe harbor created
by those rules. All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential plans
and objectives of the Company, the use of proceeds, anticipated growth and
future expansion, are forward-looking statements that involve risks and
uncertainties.
There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements.
Technical
complications, which may arise, could prevent the prompt implementation of any
strategically significant plan(s) outlined above. The Company undertakes no
duty to revise or update any forward-looking statements to reflect events or
circumstances after the date of this release.
Media Contact:
Michael
Morlino, President
info@bostonsolar.us
Investor Relations Contact:
SinglePoint
Inc
investor@singlepoint.com
888-682-7464
SinglePoint
(CBOE:SING) is a featured cleantech stock on Investorideas.com
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info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/
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