Point Roberts, WA and Delta, BC – April 14, 2020 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a sector snapshot looking at how some companies in the solar and cleantech sector are adapting and thriving during the Covid-19 pandemic, featuring SinglePoint, Inc. (OTCQB: SING) and its solar subsidiary, Direct Solar of America.
From corporate sales to industry events, going virtual seems to be the solution for solar. The American Solar Energy Society (ASES) SOLAR 20/20 National Organizing Committee (NOC) reported it “has been monitoring the COVID-19 situation closely. After much deliberation, the NOC has ultimately decided to convert the live event in Washington D.C. to a virtual conference in order to ensure the safety and health of our attendees, speakers, and sponsors. We are using an interactive platform where important discussions, networking, and community building can take place from the comfort of your computer, tablet, or smartphone.”
While analysts are predicting residential installations could fall this year, in some areas consumers are showing the exact opposite is happening. According to PV Magazine Australia’s solar market is booming during the pandemic. “Byron Bay-based solar retailer Smart Energy says it is seeing an unprecedented surge in sales and enquiries for solar and home energy storage as consumers look to shore themselves up in uncertain times.”
US based SinglePoint, Inc. (OTCQB: SING) and its solar subsidiary, Direct Solar of America are adapting to these unprecedented times and seeing the gains immediately. The Company was just featured in GreenTech Media’s article, Coronavirus Is Forcing Home Solar Companies to Sell Virtually. Maybe That’s a Good Thing. The article followed news from the Company that they had implemented a Virtual Solar Sales Platform.
Read Full Article Here: https://www.investorideas.com/news/2020/cleantech-climatechange/04140Solar-COVID19.asp
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subsidiary, Direct Solar of America, LLC (“Direct Solar”), has entered into a Letter of Intent (“LOI”) to acquire Standard Eco Solar (“Standard Eco”), a developer and installer of grid-tied
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