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Thursday, November 14, 2019

#Solar #Stock Earnings Shine - (OTCQB: $SING) (NYSE: $VSLR) (NASDAQ: $SEDG) (NASDAQ: $RUN)


#Solar #Stock Earnings Shine - (OTCQB: $SING) (NYSE: $VSLR) (NASDAQ: $SEDG) (NASDAQ: $RUN)

Singling out the Winners in the Solar Revolution

Point Roberts WA, Delta BC – November 14, 2019 - Investorideas.com, a leading investor news resource covering solar stocks releases a sector snapshot looking at solar company earnings and the anticipated growth in the sector, featuring news from Direct Solar of America, a subsidiary of Singlepoint Inc. (OTCQB: SING).

Other solar stocks included in this earnings snapshot include; Vivint Solar Inc. (NYSE: VSLR), SolarEdge Technologies, Inc. (NASDAQ: SEDG) and Sunrun Inc. (NASDAQ: RUN).

Solar companies are facing the challenges and the opportunities in a market that is witness to growing demands due to climate change, a next generation of residential consumers that are pro- solar, new technology disruption and pricing that, for the first time is competitive to fossil fuels.


According to a recent report by the IEA (https://www.iea.org/), ‘Global solar PV market set for spectacular growth over next 5 years,’  “The installation of solar PV systems on homes, commercial buildings and industrial facilities is set to take off over the next five years, transforming the way electricity is generated and consumed, according to the International Energy Agency’s latest renewable energy market forecast.”

“The report forecasts that the world’s total renewable-based power capacity will grow by 50% between 2019 and 2024. This increase of 1,200 gigawatts – equivalent to the current total power capacity of the United States – is driven by cost reductions and concerted government policy efforts. Solar PV accounts for 60% of the rise. The share of renewables in global power generation is set to rise from 26% today to 30% in 2024.”

Fairly new to the solar industry and investors following the sector, emerging company Singlepoint Inc. (OTCQB: SING) saw the growing opportunity in solar and acquired Direct Solar of America. Singlepoint Inc. just reported record Third Quarter 2019 Financial Results. The Company reported revenues of $1,050,374 for the three months ended September 30, 2019, a 176% increase over the same period in 2018. The Company said in the release, “The Company’s most recent acquisition, Direct Solar, continues to exceed revenue growth targets and has been pivotal to improving the Company’s financials.”

“This has been a great quarter for SinglePoint, we are very excited to see the growth of the company. We are establishing solid financials and we anticipate a big fourth quarter. Everything is firing on all cylinders and we continue to hit our numbers. We believe SinglePoint’s revenues will continue to grow as our subsidiary Direct Solar expanded into new markets,” states Greg Lambrecht, CEO of SinglePoint.

Looking at future growth, Direct Solar of America recently announced it signed a MOU with SchollyME. Direct Solar and SchollyME will collaborate on marketing Direct Solar through the schools that SchollyME is currently working with. The collaboration will put Direct Solar into the high school programs as a partner with SchollyME. This marketing strategy has already seen major success in driving new business for both companies.

Direct Solar of America is America’s Solar Energy Brokerage with more than 3,500 home installations, which has enabled residential solar customers to shop for options in order to find the best option for the home. Like Rocket Mortgage or Lending Tree, Direct Solar representatives provide homeowners with a variety of financing and service providers; this has made the process of buying solar much easier for homeowners. Direct Solar is operational in eight states and continues to expand its residential solar footprint. Direct Solar Commercial serves customers that own and/or manage commercial properties. Along with Direct Solar Capital, an alternative energy financing solution, commercial projects have access to $50,000 to $3 million in funding for solar installations.

SolarEdge Technologies, Inc. (NASDAQ: SEDG), a global leader in smart energy, announced its financial results for the third quarter ended September 30, 2019 last week and beat both earnings and revenue expectations.  The Company reported record revenues of $410.6 million, up 26% from $325.0 million in the prior quarter and up 74% from $236.6 million in the same quarter last year. Revenues related to the solar business were $387.8 million, up 26% from $306.7 million in the prior quarter and up 66% from $233.8 million in the same quarter last year.

On the company conference call, Zvi Lando, SolarEdge Technologies, Inc.’s acting CEO & Executive VP of Global Sales reported, ”I'm happy to report that once again, we concluded our quarter with record revenues of $411 million, representing strong growth led by record revenues in the US where we often see upswing in business in the second half of the year and record revenues in Europe, where typically the third quarter is not as strong due to summer holiday season. Similarly, we saw strength and growth in most other region in which we operate. These revenues were based on record quarter in our solar business of approximately $388 million. With this record revenue, we have surpassed for the first time the milestone of $1 billion of revenues in a financial year, and this has been achieved through just the first 3 quarters of 2019. This revenue growth, coupled with our gross margin levels at the upper end of our guidance and increased operational leverage has enabled us to generate record non-GAAP net income and a record net diluted non-GAAP earnings per share of $1.21.”

“In the third quarter, we shipped 1.5 gigawatts of AC nameplate inverters, approximately 598 megawatts of which shipped to North America, up from 430 megawatts shipped to North America in the previous quarter. Shipments to Europe consisted of 712 megawatts, up from 658 megawatts shipped in the previous quarter. This quarter, we shipped 543 megawatts of commercial products compared to 591 megawatts in the previous quarter. This reduction is mainly a result of the higher demand in the U.S. for residential products and prioritization of the manufacturing mix in our production lines accordingly. This quarter, we shipped approximately 4.6 million power optimizers and approximately 188,000 inverters. All in all, we have now shipped more than 45.4 million optimizers and 1.9 million inverters since launching shipment of products in January of 2010.”

Solar panel installation company, Vivint Solar Inc. (NYSE: VSLR)  announced results for the third quarter ending September 30, 2019 after market  November 6th. Following the news, the stock rose as high as 11.6% in trading as it beat analyst revenue expectations. Installations were 9,458 for the quarter, up 25% year-over-year. Cumulative installations were 178,733. Revenue was $104 million, up 33% over the third quarter of 2018.

In the earnings call November 8th, CEO David Bywater reported to shareholders, “We have continued to execute well, installing 65 megawatts in the third quarter, which was at the high end of our guidance. This represents 20% growth over the third quarter of last year and 18% growth year-to-date.”

“On a customer basis, our growth was 25% year over year. Demand continues to be robust for residential solar, and we believe we are well positioned for a strong finish to the year, exceeding the 15% annual growth guidance we provided at the start of the year. Our growth is coming across all of our channels, but it is strongest in our inside sales, retail and homebuilder channels, which, in the third quarter, represented 11% of our total volume, up 34% sequentially and 145% year over year. This growth is beginning to scale.”

Sunrun Inc. (NASDAQ: RUN) the nation’s leading residential solar, storage and energy services company issued its third quarter 2019 earnings report after the market close, November 12, 2019.  In the third quarter of 2019, Megawatts Deployed increased to 107 MW from 100 MW in the third quarter of 2018, a 7% year-over-year increase. Creation Cost per watt was $3.28 in the third quarter of 2019, compared to $3.34 in the third quarter of 2018.

Total revenue grew to $215.5 million in the third quarter of 2019, up $10.6 million, or 5% from the third quarter of 2018.

Consumers looking at solar during the California blackouts caused a reaction in the market and the stock gained from new interest

In the earnings release the company noted, ““Millions are suffering through forced blackouts as wildfires burn across California. We need affordable, clean, reliable power now more than ever,” said Lynn Jurich, Sunrun’s Chief Executive Officer and co-founder.  “Sunrun has grown its customer base 24% from last year, with more than 270,000 homes embracing local, clean energy. We expect to increase cash generation by 60% to $100 million this year, while investing in our leading customer acquisition capabilities and technology platform.”

The solar sector still has headwinds and some of the manufacturers released less than stellar earnings. But for the sector overall, the trend is their friend and consumers are demanding renewable energy options. Climate change marches globally are becoming a weekly occurrence and the next generation of consumers are demanding real solutions and a revolution, not just empty promises from governments.

“Renewables are already the world's second largest source of electricity, but their deployment still needs to accelerate if we are to achieve long-term climate, air quality and energy access goals,” said Dr Fatih Birol, the IEA’s Executive Director.   

The sector is also being boosted by research funding to meet future demands. Last week the US Department of Energy (DOE) announced selections for $128 million in new projects to advance solar technologies. Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, DOE will fund 75 innovative research projects that will lower solar electricity costs, while working to boost solar manufacturing, reduce red tape, and make solar systems more resilient against cyberattacks.   

For investors following solar stocks, Investor Ideas has created a stock directory of renewable energy stocks as part of its membership. Learn more https://www.investorideas.com/membership/

Get more renewable energy investing ideas and news at our site Renewableenergystocks.com

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining,  the AI Eye .

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring OTCQB: SING is a paid for service on Investorideas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Monday, November 04, 2019

SinglePoint (OTCQB: $SING): Direct Solar Signs MOU with SchollyME an International Sports Recruiting App Linked to High Schools Across the Nation


SinglePoint (OTCQB: $SING): Direct Solar Signs MOU with SchollyME an International Sports Recruiting App Linked to High Schools Across the Nation



PHOENIX - November 4, 2019 (Investorideas.com Newswire) Direct Solar of America, a subsidiary of SinglePoint Inc. (OTCQB:SING) is pleased to announce it has signed a MOU with SchollyME. Direct Solar and SchollyME will collaborate on marketing Direct Solar through the schools that SchollyME is currently working with. The collaboration will put Direct Solar into the high school programs as a partner with SchollyME. This marketing strategy has already seen major success in driving new business for both companies.


SchollyME is based in California and is the fastest growing sports recruiting app for all 32 NCAA sports. SchollyME is a social media network, sports recruiting application for high school students to showcase their talents. The platform is the first social media network to be adopted in China. Learn more at SchollyME Sports Recruiting App Lands Billion Dollar Partnership in China From the release – "Kenneth Chang of the CECC and Ascent Sports is requiring all Esports gamers and athletes to pay an annual subscription fee to the use of SchollyME. The deal is estimated to be worth $1.4 billion within 24 months, thus making SchollyME the largest recruiting app in the country."

"We have seen major success in working with local high schools. We are currently working with 47 schools throughout Dallas, Houston, Fort Worth, Austin and are seeing amazing returns. We had our largest sales day to date Thursday closing seven deals for approximately $250,000. This partnership will give us access to high schools across the nation," states Pablo Diaz Founder, CEO Direct Solar.

This partnership will assist schools and their athletic programs through giving back a percentage of sales to help support and fund the local high school programs.

"We wanted to partner with the best solar company that can service all the schools we are currently involved with. SchollyME felt that we were more than just athletes. Our athletic community should care about the environment and give our younger generation a chance at a much longer life. Direct Solar and SchollyME is just a great partnership. We are both interested in the kid's futures!" states Mel Nunnery Founder of SchollyME.

Direct Solar and SchollyME are currently working to define which markets to launch and in what capacity to do so. Supporting the local communities and high schools' programs will be the driver for this successful partnership. Working with the school to establish a presence for education on solar and renewable energy and what it means for future generations of kids' is elemental in building longevity for both companies.

Direct Solar America via its Direct Solar Capital Division currently finances commercial solar projects for multiple private equity funds throughout North America. With the SchollyME and Direct Solar America partnership we will be collectively raising capital to continue funding projects throughout North America.

The solar market has been growing at its fastest pace in recent history. According to Solar Energy Industries Association, "The U.S. solar industry now has the largest pipeline of utility-scale solar projects in history, signaling promising future prospects for solar energy development." And with new legislation being presented the American Energy Opportunity Act which aims to make the process easier to obtain solar we expect to see continued growth in the sector.

Furthering the growth in the solar market, California has Incorporated solar into state codes & standards, including implementation of the Building Energy Efficiency Standards (BEES) for solar on new homes, developing BEES for commercial buildings with solar and storage, and preventing problematic siting & permitting requirements for utility-scale solar. The state continues to invest and grow the solar footprint. Which SchollyME being based in California this puts Direct Solar instantly in the largest solar market in the United States.

SchollyME has been working with thousands of students securing over 300 scholarships. The interactive app continues to develop and grow. SchollyME Inc. is an incredible sports social network which gives fans a front row seat in the lives of their favorite athletes and coaches while connecting with fans across the globe. For high school and jr. college athletes, SchollyME encourages you to market and promote yourself to college coaches across the globe. SchollyME empowers you to go from discovered to offered with one click.

Beyond just high schools there are numerous opportunities through partnering with SchollyME. Intros to international markets such as China where Pablo Diaz and Mel Nunnery recently traveled on an "invite only" trip to attend the Chinese Electronic Chamber of Commerce conference. Being one of the world's most prestigious conferences, there were many attendees that are highly interested in seeing the collaboration of Direct Solar and SchollyME succeed as there is much business to do outside of the U.S. and expanding into international markets.

Direct Solar and SchollyME determine the best-case scenario to develop and bring to market the first application to buy solar online or through a mobile device from inception to financing and closing. The future of residential solar will follow the path of other large purchases such as cars through Tesla and Carvana. Consumers are becoming comfortable making these large purchases online with the right education and trusted partner. Direct Solar of America will guide consumers through the entire process providing any assistance needed along the way through implementation of AI and customer service agents available to answer any questions. Overall the company looks to create and launch an industry changing way to purchase solar.

About Direct Solar of America
Direct Solar of America is a subsidiary of SinglePoint Inc., a technology and acquisition company. (OTCQB:SING). Direct Solar America is America's Solar Energy Brokerage with more than 3,500 home installations, which has enabled residential solar customers to shop for options in order to find the best option for the home. Like Rocket Mortgage or Lending Tree, Direct Solar representatives provide homeowners with a variety of financing and service providers; this has made the process of buying solar much easier for homeowners. Direct Solar is operational in eight states and continues to expand its residential solar footprint. Direct Solar Commercial serves customers that own and/or manage commercial properties. Along with Direct Solar Capital, an alternative energy financing solution, commercial projects have access to $50,000 to $3 million in funding for solar installations.

About SchollyME www.schollyme.com
SchollyME is hip for Scholarship Me and born out of the need to allow athletes to be discovered by coaches all over the country in one click.
Each year there are 7.6 million high school athletes playing sports and only 142,000 athletic scholarships available. On SchollyME, athletes can use the app much like other social networks. The difference is athletes can upload full game film, official transcripts and receive a talent evaluation from current athletes for college coaches.

Connect with Direct Solar of America:

For more information visit:

Corporate Communication
Direct Solar of America
844-830-1615
DirectSolarAmerica.com

About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
Connect on social media at:
For more information visit: 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 future plans and objectives of the Company, 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 (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and  https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Friday, November 01, 2019

#Cleantech and #Climate Change #Podcast interview with Graciela Chichilnisky, Co-author of REVERSING CLIMATE CHANGE, @Fridays4future


#Cleantech and #Climate Change #Podcast interview with Graciela Chichilnisky, Co-author of REVERSING CLIMATE CHANGE, @Fridays4future

A Quest for a Carbon Revolution



Point Roberts WA, Delta BC, November 1, 2019 – Investorideas.com, a global news source and leading investor resource issues a special edition of its Cleantech and Climate Change podcast, talking to well-known thought leaders and management of publicly traded about today's problems and solutions for the future.

Today’s podcast features an exclusive interview with renowned economist Graciela Chichilnisky, co-author of the forthcoming book REVERSING CLIMATE CHANGE (World Scientific Publishing, December 2019).

Chichilnisky also talks about her company, Global Thermostat and its “direct air capture" technology that removes CO2 from the atmosphere; how it works and its current status. This technology could potentially play a role in a carbon revolution. Chichilnisky believes economics and climate change need to go hand-in-hand.

CO2 removed from the air will not only potentially reverse climate change but can become the main feedstock of economic growth, replacing petroleum.

A fair global economic playing field and a reversal of climate change; now that is a revolution!

Listen to the Podcast interview


ABOUT THE AUTHORS

Dr. Graciela Chichilnisky, co-author of REVERSING CLIMATE CHANGE, is a Professor of Economics and Mathematical Statistics at Columbia University, and Director of the Columbia Consortium for Risk Management.  She is also co-founder and CEO of Global Thermostat, and co-creator of a carbon removal technology that the National Academy of Sciences has said is the only one that can reverse climate change.  The technology was chosen by MIT Technology Review as one of the Ten Breakthrough Technologies of 2019, curated by Bill Gates.  In addition, Global Thermostat was named one of the top ten most innovative companies in energy by Fast Company and Dr. Chichilnisky was selected by International Alternative Investment Review as the 2015 CEO of the Year in Sustainability.  In 2019, Global Thermostat and ExxonMobil signed a joint development agreement to advance breakthrough technology to scale up to the removal of 1 gigaton of CO2.

Chichilnisky worked extensively on the Kyoto Protocol, creating and designing the carbon market that became international law in 2005. In 2017, she was selected by the Carnegie Foundation for their prestigious Great Immigrant, Great American award and in 2018, she was awarded the Albert Nelson Marquis Lifetime Achievement Award.
Chichilnisky holds Ph.D. degrees in mathematics and economics from MIT and the University of California, Berkeley. She is the author of more than 300 scientific articles and 13 books, including Saving Kyoto which won the American Library Association’s 2010 Outstanding Academic Title of the Year and the American Geographical Society’s Book of the Month Award in October 2009.  She acted as the lead author on the Intergovernmental Panel on Climate Change which received the 2007 Nobel Prize for its work in deciding world policy with respect to climate change.

Peter Bal, co-author of REVERSING CLIMATE CHANGE, is a businessman and ecological restoration practitioner. He sees carbon dioxide as an asset to be mined, focusing on natural plant absorption as well as industrial solutions to retrieve carbon dioxide from the atmosphere. He is currently working on a containerized carbon dioxide absorbing unit with Global Thermostat and also involved in setting up ecological research and training centers.

Investor Ideas has created a stock directory of publicly traded cleantech stocks for investors to use as a research tool to start trading and investing in the sector. Visit http://www.investorideas.com/membership/ to learn more about our stock directories in leading sectors.
  

 The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Sticher, Spreaker.com, iHeart.com and Google Play Music.

Visit the Podcast page at Investorideas.com: http://www.investorideas.com/Audio/

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining,  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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