SinglePoint Completes Acquisition of Premier Solar Lead Generation Engine, EnergyWyze, LLC
Point Roberts, Washington and Delta, British Columbia – (Newsfile Corp. – February 3, 2021) – Investorideas.com, a global news source and resource for leading investors covering cleantech and energy stocks renewable (Renewableenergystocks.com) publish a sector snapshot of solar stocks featuring SinglePoint, Inc. (OTCQB: SING), a company focused on providing renewable energy solutions.
Read the full article on solar stocks at Investorideas.com
As a new era for renewables unfolds under a Biden administration, industry companies will add to the momentum that has been building for months.
According to Trading platforms Justinas Baltrusaitis, “Solar energy stocks have experienced significant growth in recent months, driven by factors such as regulatory changes. The growth of these stocks is reflected in the ROI of the selected leading solar energy companies. “
“Data presented by Trading platforms reports that four major solar energy stocks recorded an average return on investment of 135.2% in the last six months between July 27, 2020 and January 27, 2021. JinkoSolar Holding has the highest return on investment with 264.12%. Canadian Solar had the second highest return of 138.21%, followed by First Solar which has a return on investment of 72.55%. SolarEdge Technologies achieved a return on investment of 65.95%. “
SinglePoint, Inc. (OTCQB: SING) posted some of its biggest gains in 2021 and some of the biggest trading volumes in stock history as investor interest in solar stocks increased . Following its strategic path of building a portfolio of renewable energy solutions, it announcement yesterday, it completed the acquisition of EnergyWyze, LLC, initially announced on January 12, 2021. Once the transaction is completed, SinglePoint strengthens its digital and direct marketing assets and business relationships that will streamline, optimize and maximize its lead generation customer-centricity, including a large database of validated leads, to form a preeminent solar lead generation engine.
“We are extremely pleased to add the assets and expertise of EnergyWyze to the SinglePoint team and business. Closing this transaction further expands our lead generation capabilities, maximizes our overall online presence and improves the value of all of our solar affiliates. We look forward to leveraging this next-generation lead generation platform and network that will ultimately generate significant growth and take SinglePoint to the next level in the near term, ”commented Wil Ralston, President of SinglePoint.
Of actuality : EnergyWyze transforms the solar installation experience for homeowners and contractors. The company is led by a group of experts with a long history of acquiring and developing solar leads for some of the country’s largest solar companies, including Vivint Solar, SunEdison, Crius Solar, Radix and more.
Of actuality : It is estimated that less than 4% of the addressable residential solar market in the US domestic market currently has a solar system installed. Acquiring customers can represent a significant percentage of solar contractors’ expenses to do business. With this new leading lead generation engine, SinglePoint aims to reduce these costs and increase the conversion rate of new customers by creating a premium customer experience that the solar industry lacks today.
Of actuality : By initially focusing on solar power, the company is laying the groundwork for future expansion opportunities, including energy storage, electric vehicle charging stations and subscription solar power.
Of actuality : “2021 is poised to be a year of transformation for SinglePoint. Our team continues to build momentum and execute on the strategic goals set out for us, including, but not limited to, moving to a national stock exchange, establishing a leading position in the renewable energy sector, energy sector, and generating shareholder value and long-term growth. As we continue to move forward “forward, we are fully committed to raising awareness of SinglePoint in the investor community and executing a fundamental and strategic investor relations program. We are grateful for the continued support of our shareholders and remain excited about the future of SinglePoint” , commented Wil Ralston, President of SinglePoint.
From an infographic Kryptoszene.de, “The relative search volume on Google for the ‘solar stocks’ search term pair increased 1.328% in the first week of January compared to the same period last year. A review of the stock price performance of relevant listed companies reveals that investors are not.For example, the Enphase Energy share price rose 478% over 12 months, while the DAX gained only 2.2%. “
In 2021, investor interest in solar stocks has grown and now that Biden and other world leaders are laying out plans for the future, only time will tell how investors will react in the long term.
For investors who follow Renewable Energy and Solar stocks, visit the List of Publicly Traded Stocks Directory https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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