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The Solar Sector Continues to Generate Powerful Returns Attracting Notable Investments
The Solar Sector Continues to Generate Powerful Returns Attracting Notable Investments.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nThe Solar Sector Continues to Generate Powerful Returns Attracting Notable Investments\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\nThe Solar Sector Continues to Generate Powerful Returns Attracting Notable Investments\nPR Newswire\nPHOENIX, Nov. 4, 2020\n\n\n\nPHOENIX, Nov. 4, 2020 /PRNewswire/ -- SinglePoint Inc. (OTC: SING) through its subsidiary, Direct Solar of America, has established themselves as a leading originator in the domestic US Solar Industry. Having signed multiple agreements in the last six weeks with industry titans, the company has positioned itself to lead a new generation in the solar industry. Timing is impeccable as most recently we have seen multiple solar companies rally. Sunrun merged Vivint Solar in one of the largest transactions to date. Invesco Solar ETF has spiked almost 300% in the last year and First Solar has had its biggest move in almost 9 years. \n\n \n \n \n \n \n \n\n \nLarge companies are expected to continue to invest heavily in the renewable energy sector. SinglePoint Inc. is well positioned to capitalize on its expanding footprint and to continue to capture market share and expand revenue base as Solar continues to grow.  \nAccording to The Daytona Beach News Journal Duke Energy Florida is looking at investing $1 Billion in solar energy. The article goes on to report, \"If the program is approved, the company plans to invest about $1 billion in new solar power plants across the state during the next three years, Ana Gibbs, a Duke spokeswoman, said Wednesday.\"\nIn 2019 , Goldman Sachs reached a total of $4 Billion in investable money through its subsidiary Goldman Sachs Renewable Power. According to PV Magazine, Goldman Sachs can play an important role in the transition to renewable energy by partnering with clients to own and manage renewable energy projects that deliver clean energy. Goldman has already been very active in the renewable energy market having placed over $1.4 Billion in varying distributed generation solar assets in the United States.\nMultiple companies including SolarEdge, First Solar, Sunrun,...