SinglePoint Subsidiary Direct Solar America Continues Rapid Growth as New 2020 Initiatives Start to Take Shape
February 05 2020 - 9:06AM
InvestorsHub NewsWire
Phoenix, AZ -- February 05, 2020 -- InvestorsHub 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.
“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:
http://www.directsolaramerica.com/
http://www.directsolaramerica.com/mhg
https://www.facebook.com/directsolaramerica/
https://www.linkedin.com/company/direct-solar-america
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:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
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.
Corporate Communication
SinglePoint Inc.
855-711-2009
investors@SinglePoint.com
SinglePoint.com
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