(NEW YORK)–Direct Solar LLC, a subsidiary of SinglePoint (OTCQB: SING), sets goal of $10 million in gross revenues for its solar operations in 2020.
Since May 2019 Direct Solar has expanded into multiple states including Arizona, Texas, New Mexico, Illinois, Florida, Missouri, and South Carolina. Direct Solar now has over 60 people deployed across 11 states and 20 cities. In the 3rd and 4th quarters of 2019 we launched a national proprietary brand.
Direct Solar operates under a unique national solar energy brokerage model. It helps identify and provide contractors for the installation of the best available solar energy system for any residential or commercial location.
Election and Boom for Solar
The domestic Solar Market could see a real run as the 2020 election brings the use of solar and other clean technology to the forefront in the battle against Climate Change. To get an idea of the potential stock trade in solar one only needs to look at Invesco Solar (NYSE: TAN), which is the ETF that tracks the solar stock sector.
This ETF has been one of the biggest winners in 2019, and with election posed to put clean technology as a main policy discussion we could be looking at solar related stocks, like SING, to rally well into the coming election in November 2020.
About Direct Solar of America
Direct Solar of America is a subsidiary of SinglePoint Inc. (OTCQB: SING). Direct Solar of America, a solar energy brokerage, helps find and install the best available solar energy system for any building, residential or commercial. https://directsolaramerica.com/
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This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
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