#Solar #Stocks Ride Green Wave with New Era for #RenewableEnergy- (OTCQB: $SING) (NYSE: $JKS) (NASDAQ: $CSIQ) (NASDAQ: $FSLR) (NASDAQ: $SEDG) (NASDAQ: $ENPH) @_Singlepoint_; @JinkoSolarCoLtd; @Canadian_Solar; @FirstSolar; @SolarEdgePV; @Enphase
SinglePoint (OTCQB:
$SING) Completes Acquisition of Premier Solar Lead Generation Engine,
EnergyWyze, LLC
Point Roberts WA, Delta BC, February 3, 2021 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot on solar stocks featuring SinglePoint, Inc. (OTCQB:SING), a company focused on providing renewable energy solutions.
As a new era for
renewable energy unfolds under a Biden administration, companies in the sector
will add to the momentum that has been building for months.
Read this article featuring SING in full
at https://www.investorideas.com/news/2021/cleantech-climatechange/02031SING-JKS-CSIQ-FSLR-SEDG-ENPH.asp
According to Trading Platforms Justinas
Baltrusaitis, “Solar energy stocks have recorded significant growth in the last
few months, boosted by factors like regulatory changes. These stocks’ growth is
reflected in the Return on Investments for the selected leading solar energy
companies.”
“Data presented by Trading Platforms indicates that four leading solar energy
stocks have recorded an average ROI of 135.2% over the last six months between
July 27, 2020 and January 27, 2021. JinkoSolar Holding (NYSE: JKS) has the highest
ROI at 264.12%.
Canadian Solar (NASDAQ: CSIQ) registered the
second-highest returns of 138.21%, followed by First Solar (NASDAQ: FSLR) which has an
ROI of 72.55%. SolarEdge Technologies (NASDAQ: SEDG) has recorded
an ROI of 65.95%.”
SinglePoint, Inc. (OTCQB: SING) has experienced some of its biggest
gains in 2021 and some of the largest trading volumes in the stock’s history as
investor interest in solar stocks surged.
Following its
strategic path of building a renewable energy solutions portfolio, it announced yesterday it has completed the acquisition of
EnergyWyze, LLC which was initially announced on January 12, 2021. With the
transaction complete, SinglePoint bolsters its digital and direct marketing
assets and business relationships that will streamline, optimize and maximize
its customer-centric lead generation, including an extensive database of
validated leads, to form a preeminent solar lead generation engine.
“We are extremely excited to add the assets and
expertise of EnergyWyze to the SinglePoint team and business. Closing this
transaction further expands our lead generation capabilities, maximizes our
overall online presence, and enhances the value of all our solar subsidiaries.
We look forward to leveraging this next-generation lead generation platform and
network that will ultimately drive significant growth and propel SinglePoint to
the next level in the near term,” commented Wil Ralston, President of SinglePoint.
From the news: EnergyWyze
transforms the solar installation experience for both homeowners and
contractors. The Company is led by a group of experts with deep history in
acquiring and developing solar leads for some of the nation’s largest solar
companies including Vivint Solar, SunEdison, Crius Solar, Radix and more.
From the news: It is estimated
that less than 4% of the residential solar addressable market in the domestic
U.S. market currently has a solar system installed. Customer acquisition can
account for a significant percentage of the spend in solar contractors' cost of
doing business. With this newly formed premier lead generation
engine, SinglePoint aims to reduce those costs and increase the
conversion rate of new customers through creating a premium customer experience
the solar industry is lacking at this point in time.
From the news: With its initial focus in solar energy,
the Company is building a foundation for future expansion opportunities
including energy storage, charge points for electric vehicles and solar as a
subscription.
Looking forward, the
Company issued news on January 20th with an updated presentation of its vision for renewable energy.
From the news: "2021 is poised to be a transformational year for
SinglePoint. Our team continues to build momentum and execute on the strategic
objectives set out in front of us, including but not limited to, uplisting to a
national exchange, establishing a leadership position in the renewable energy
sector, and driving shareholder value and long-term growth. As we continue to
move forward, we are fully committed to raising awareness of SinglePoint in the
investment community and executing a fundamental, strategic investor relations
program. We are grateful for the continued support of our shareholders and
remain excited about the future of SinglePoint," commented Wil Ralston,
President of SinglePoint.
According to an Infographic Kryptoszene.de, “The
relative search volume on Google for the search term pair "solar
shares" rose by 1,328% in the first week of January compared to the same
period last year. A look at relevant listed companies' share price performance
reveals that investors are not content to merely gather information. For
example, the price of Enphase Energy (NASDAQ: ENPH) shares
rose by 478% in a 12-month review, while the DAX gained only 2.2%. “
In late January Enphase
Energy (NASDAQ: ENPH) announced the closing of
its acquisition of Sofdesk Inc., headquartered in Montreal, Canada. Sofdesk’s
Solargraf™ integrated software platform offers the industry’s leading digital
tools and services designed to simplify and accelerate the end-to-end sales
process across the residential solar industry.
From the news: The Solargraf platform provides solar installers with critical
pre-sales engagement design, quoting and work-flow management from any PC,
tablet or mobile device. In addition, Sofdesk also offers Roofgraf™, a software
product that enables roofing contractors to generate homeowner proposals using
advanced machine learning technology.
“This acquisition supercharges Enphase’s digital
transformation efforts,” said Jayant Somani, Vice President of digital
transformation at Enphase Energy. “With these tools, residential installers can
drive the industry towards better customer journeys, create happier customers,
and help accelerate the transition to clean energy.”
Going into 2021 investor interest in solar stocks
spiked and now as Biden and other world leaders lay out plans for the future,
only time will tell how investors will react long term.
For investors following renewable energy and solar stocks,
visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Visit the Cleantech and Climate Change Podcast page at Investorideas.com
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