SinglePoint Inc. (SING) Subsidiary Direct Solar Benefits from Global Shift Towards Renewable Energy Sources

Jan 16, 2020

EIA forecasts renewables as fastest-growing source of energy generation in the United States SinglePoint subsidiary expected to see continued success alongside the growth of the solar market After companies exceed 2019 expectations, SING and Direct Solar management teams are optimistic about 2020

SinglePoint Inc. (OTCQB: SING), a technology investment company focusing on acquiring subsidiaries that would benefit from assistance with management, capital and technology integration, truly hitched its cart to the right horse with its investment in subsidiary Direct Solar. A residential and commercial solar broker, Direct Solar was acquired by SinglePoint in 2019. Since the acquisition, the company has exceeded revenue growth targets, helping SinglePoint achieve record-breaking financial milestones and proving the partnership to be mutually beneficial.

Renewable energy solutions have become increasingly mainstream in recent years. Recent United States Energy Information Association (EIA) forecasts predict that nonhydroelectric renewable energy resources will be the fastest-growing energy sources in the United States for at least the next couple of years…

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NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

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