- 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
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com