Breaking Solar News -
SinglePoint (CBOE: $SING) Subsidiary Boston Solar Completes Commercial Solar
Installation for Boston Charter School; @_Singlepoint_ @BostonSolarCo
Installation
reduces reliance on grid energy and lowers operational costs
Boston,
Massachusetts - August 28, 2024 (Investorideas.com Newswire) SinglePoint Inc. (CBOE:SING), a leading provider in the renewable energy sector
announces subsidiary Boston Solar has completed a significant solar energy
project for Excel Academy Charter School's East Boston Campus.
The project features two
rooftop-mounted systems with a combined capacity of 107.67 kW DC, expected to
generate 118,984 kWh in the first year alone. This installation will
appreciably reduce the school's reliance on grid energy, strengthening its
sustainability efforts while lowering operational costs.
Singlepoint CEO, Wil Ralston,
commented, "By adopting renewable energy, Excel Academy is taking a
proactive step in supporting environmental responsibility, while triggering new
solar interest from additional educational institutions in the region. We are
grateful for Boston Solar's ascending competitive position as we continue to
strengthen our commitment to building long-term shareholder value."
Boston Solar President, Michael
Morlino, added, "This initiative exemplifies our dedication to supporting
local educational institutions in achieving their sustainability objectives
while reducing operational costs. When schools can lower their expenses, they
can reallocate additional resources to delivering the high-quality education
every student deserves."
This news is paid advertisement/ news disseminated
on behalf of/issued on behalf of SinglePoint Inc.
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this news, featuring SING in full at https://www.investorideas.com/news/2024/08281SING-Commercial-Solar-Installation-Boston-Charter-School.asp
Excel Academy Charter School, founded
in 2003, is dedicated to providing a high-quality education to students from
East Boston, Chelsea, and nearby communities through an open public lottery.
The East Boston campus serves a predominantly low-income and Latinx student
body, working to overcome social and educational barriers. By investing in
solar energy, Excel Academy not only advances its mission of preparing students
for success in high school, college, and beyond but also demonstrates a
commitment to creating a more sustainable and equitable future for its
community.
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).
Investor Relations Contact:
SinglePoint Inc
investor@singlepoint.com
888-682-7464
Forward-Looking Statements
This news release includes
"forward-looking statements". These statements are based upon the
current beliefs and expectations of SinglePoint's management and are subject to
significant risks and uncertainties. If underlying assumptions prove inaccurate
or risks or uncertainties materialize, actual results may differ materially
from those set forth in the 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.
SinglePoint
(CBOE:SING) is a featured cleantech stock on Investorideas.com
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