SinglePoint Subsidiary Signs First of its Kind Agreement with Soligent, the Nation's Largest Solar Materials Supplier
October 28 2020 - 7:30AM
InvestorsHub NewsWire
SinglePoint Subsidiary Signs First
of its Kind Agreement with Soligent, the Nation’s Largest Solar
Materials Supplier
Phoenix, AZ
-- October 28, 2020 --
InvestorsHub NewsWire -- SinglePoint Inc (OTC:SING)
is pleased to announce the company’s solar subsidiary Direct Solar
of America has signed an agreement with Soligent Distribution LLC.
The agreement provides Direct Solar of America the ability to sell,
finance and supply contractors with the materials every project
needs through Direct Solar of America. This provides instant growth
for the company as the company will recognize additional revenue
streams and profit through the
agreement.
“Providing Direct Solar of America
the ability to deliver financing and procurement channels with
their project origination will support them in their journey to
provide an industry leading disruptive solution. We are excited to
provide Direct Solar of America with the technology, tools, and
support needed to be successful at the largest scale,” Steve
Ragsdale, Director of Sales.
“The effect of this agreement
changes the entire dynamics for the company. We will now be able to
streamline our project flow from inception to completion and
recognize an additional 50% or more revenue derived from projects
as we will be selling the materials and financing as well. We are
beyond excited to work with Soligent and their plethora of contacts
and subsidiaries in the industry,” Pablo Diaz –
CEO
About
Soligent
Soligent Distribution is the
largest pure-play solar distributor in the Americas, supplying
thousands of solar installers and contractors with solar energy
equipment, engineering services and project financing
solutions.
Soligent has been a pioneer in the
solar industry since 1979 and continues to drive the solar market
forward with innovative solutions ranging from materials management
to project financing.
Visit Soligent at https://www.soligent.net/ or at https://www.linkedin.com/company/soligent
About SinglePoint,
Inc.
SinglePoint Inc. (OTC:
SING) is a fully reporting company with core holdings in Solar
Energy Services. Learn More at
www.singlepoint.com
Connect on social media
at:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
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.
KEYWORDS: Solar, Solar Panels,
Residential Solar, Public Solar
Company
Corporate
Communication
SinglePoint
Inc.
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com
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