With climate change a hot topic and the Green New Deal providing a possible pathway for progress, solar power may be a more viable — and profitable — source of energy than ever before.
- Significant growth, ample resources point toward bright solar energy future
- SinglePoint acquisition provides phenomenal opportunity for company to establish industry foothold
- Experts predict solar could be main power source of choice in the coming
Recognizing a building interest in and support of renewable energy sources such as solar energy, smart companies are finding ways to establish a strong foothold in the sector. SinglePoint Inc. (OTCQB: SING) (SING Profile) just signed an asset purchase agreement with Direct Solar and AI Live Transfers, providing what has been described as the Lending Tree model for solar business. First Solar Inc. (NASDAQ: FSLR) is working to complete construction and upgrades of its manufacturing facilities, enabling the company to produce its most advanced Series 6 solar panels. NextEra Energy Inc. (NYSE: NEE) was ranked by Forbes as No. 21 among the top 57 companies that globally change the world, in part because Florida Power & Light Company, one of NextEra Energy’s principal subsidiaries, is in the midst of one of the largest solar expansions in the world. NRG Energy Inc. (NYSE: NRG) was recently recognized at Smart Energy Decisions’ 2019 Innovative Summit for its landmark new sustainability product, Renewable Select. And in Virginia, Dominion Energy Inc. (NYSE: D) has launched a major bid to significantly increase its solar and wind energy generation under the state’s new Grid Transformation & Security Act.
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About SinglePoint, Inc.
SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com.
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