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SinglePoint Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex
SinglePoint Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSinglePoint Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSinglePoint Subsidiary Direct Solar America Signs Commercial Agreement With a Total Project Value Estimated at $1.75M for Illinois Office Park Complex\nPR Newswire\nPHOENIX, June 17, 2020\n\n\n\nPHOENIX, June 17, 2020 /PRNewswire/ -- SinglePoint Inc. (OTC:SING) announces that its majority owned subsidiary,  Direct Solar America has signed an agreement with LUX Power LLC to co-develop rooftop solar solution for the AET office complex as well as the on-site covered parking structures. This project is one of many projects in the company sales pipeline. The project closely fits the strategic customer acquisition criteria developed by senior management to focus on small to mid-sized commercial projects that we feel are currently underserved in the market and represent a high growth potential.\n\n \n \n \n \n \n \n\n \nhttps://www.youtube.com/embed/i8Z_Pd3G868 \n\"Over the past nine months we have established a solid process of identifying commercial projects that meet our criteria and could benefit from our years of solar expertise. I am pleased we have closed this deal and looking forward to this being the catalyst that allows us to close the additional projects in our sales pipeline. Commercial is a much more involved process as the projects are typically more complex and the project sizes are dramatically larger than our traditional residential solar rooftop transactions. Ultimately this provides more revenue to the company per project which will help the company to continue to grow its top line revenue,\" states JT Turner, Direct Solar America's, Commercial Division Sales Manager. \"Our Commercial Solar pipeline consists of small to mid-sized industrial and commercial projects as evidenced by this office complex project as well as several schools and other innovative municipal projects that can benefit from solar power generation.\"\nAccording ...