#Solar #Stock News:
SinglePoint (OTCQB: $SING) Subsidiary Direct Solar America Continues Rapid
Growth as New 2020 Initiatives Start to Take Shape; @_Singlepoint_
PHOENIX, AZ - February 5, 2020 (Investorideas.com
Newswire) SinglePoint, Inc. (OTCQB: SING) is pleased to announce subsidiary, Direct Solar America, continues to
drive new business as 2020 sales and marketing initiatives start to take shape.
Last week Direct Solar America experienced that increase in business having one
of its biggest weeks to date in new contract development. The increase is
mainly attributed to new marketing and sales development including new
canvassing teams starting, customer service improvements as well as partnership
channels increasing engagement.
Read this news featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/02051DirectSolarAmerica.asp
"We are strongly committed to continuing the
development and improvement of Direct Solar America. The company's model
continues to impress us by the ability to scale with few constraints into new
markets. As we continue to see states rolling out incentives, we are able to
act quickly and assess the market viability in order to decide whether to roll
out teams in that area. Solar continues to be a driving factor and hot topic in
the media, which I believe has resulted in the company expanding as rapidly as
the company has. Direct Solar America, as a stand alone entity, eclipsed
$2,000,000 in revenue in just 6 months of business," states Greg
Lambrecht, CEO.
The Solar Energy Industries Association (SEIA) has
declared the 2020s the Solar+ Decade. President and CEO Abigial Ross Hopper
states, "The 2010s were filled with more highs than lows, and the solar
industry is in a strong position to become the leading source of new energy
generation this decade ...Working in collaboration with other clean energy
technologies, including storage, solar will lead a clean energy economic boom
while also reducing greenhouse gas emissions."
According to the U.S. Solar
Market Insight Report by the Solar Energy Industries Association
(SEIA), in Q1 2019, the U.S. solar market surpassed 2 million installations -
just three years after the market surpassed the 1 million-installation
milestone. The industry is expected to hit 3 million installations in 2021 and
4 million installations in 2023. This is a result of increased demand by
consumers due to reduced installation costs as well as increasing environmental
awareness which is driving the adoption of cost-efficient alternative and
renewable forms of energy over conventional energy sources.
To learn more about Direct Solar America, please
visit DirectSolarAmerica.com. Schedule an appointment today to get your free in home solar quote.
For more information visit:
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 solar, payments and hemp based consumer products. Through acquisitions
into horizontal markets, SinglePoint is building its portfolio by acquiring an
interest in undervalued companies, thereby providing a rich, diversified
holding base.
Connect on social media at:
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.
Corporate Communication
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