- SinglePoint’s acquisition of Direct Solar is expected to increase the company’s revenues by $5 million in the first 12 months
- The solar panel market is projected to exceed $22 billion by 2025
- Direct Solar’s model allows for quick, efficient expansion throughout the U.S. and globally
Energy efficient, renewable energy technologies are quickly gaining a permanent spot in homes and commercial buildings across North America and around the world. SinglePoint Inc. (OTCQB: SING) CEO Greg Lambrecht said in a news release that SING’s recent asset acquisition of Direct Solar and affiliate AI Live Transfers catapults the technology and investment company into the nation’s rapidly growing renewable energy markets (http://nnw.fm/p3k6D).
“This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability. We believe Direct Solar has the people and the ability to scale beyond initial projections and truly make an impact on SinglePoint’s goal of getting a NASDAQ or NYSE,” Lambrecht stated in a…
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING
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