SinglePoint (SING) Outlook on Solar Shines Bright for 2020



(NEW YORK)–SinglePoint (OTC:SING) may have finally found its niche in the commercial solar market through their most recent acquisition, Direct Solar of America.

For people who have followed SING over the years the company has tried their hands in several projects from crypto to cannabis, with not much to show the market for their efforts.

But after many years, and many tries, it looks like the company may have finally found a true working business model with their acquisition Direct Solar of America.

Direct Solar America, a solar energy brokerage, helps find and install the best available solar energy system for any building, residential or commercial.

Since May 2019 Direct Solar has expanded into multiple states including Arizona, Texas, New Mexico, Illinois, Florida, Missouri, and South Carolina, with over 60 people deployed across 11 states and 20 cities.

It helps identify and provide contractors for the installation of the best available solar energy system for any residential or commercial location. This model benefits our customers by making sure they see increased benefits and complete satisfaction, while we make sure they realize the most optimal cost savings.

Election to Shine Light on Solar Stocks

With the company election there could be lot of talk about clean technology, which could make solar one of the hotter plays going through the summer up to the election.

The 2020 domestic Solar Market is showing continued signs of riding a new tailwind driven by talks of a New Green Deal. We anticipate that renewables will continue to be an important issue around the country, and plan to focus the majority of our attention on growth in the solar and renewables space. National media attention on the renewable energy opportunities should provide increased exposure which we believe will help drive the business, and revenue of Direct Solar, and hopefully increase our market cap and shareholder value.

Solar Sector Hot

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.

Or pull up charts for such stocks as SunPower (SPWR) First Solar (FSLR) Enphase Energy (ENPH) Canadian Solar (CSIQ) JinkoSolar (JKS) Vivint Solar (VSLR) just to see how hot this sector is.

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.

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