#Solar #Stocks
seeing #Green in 2021: (OTCQB: $SING) (NYSE: $JKS) (NASDAQ: $CSIQ) (NASDAQ:
$FSLR) (NASDAQ: $SEDG) (NASDAQ: $ENPH) @_Singlepoint_; @JinkoSolarCoLtd;
@Canadian_Solar; @FirstSolar; @SolarEdgePV; @Enphase
SinglePoint (OTCQB:
$SING) Completes Acquisition of Premier Solar Lead Generation Engine,
EnergyWyze, LLC
Point Roberts WA, Delta BC, February 4, 2021 – Investorideas.com, a global news source
and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot on solar stocks
featuring SinglePoint, Inc. (OTCQB:SING), a company focused
on providing renewable energy solutions.
As a new era for
renewable energy unfolds under a Biden administration, companies in the sector
will add to the momentum that has been building for months.
Read this article featuring SING in full at https://www.investorideas.com/news/2021/cleantech-climatechange/02041Solar-Stocks.asp
According to Trading Platforms Justinas Baltrusaitis,
“Solar energy stocks have recorded significant growth in the last few months,
boosted by factors like regulatory changes. These stocks’ growth is reflected
in the Return on Investments for the selected leading solar energy companies.”
“Data presented by Trading Platforms indicates that four leading solar energy stocks have recorded an
average ROI of 135.2% over the last six months between July 27, 2020 and
January 27, 2021. JinkoSolar Holding (NYSE: JKS) has the highest ROI at 264.12%.
Canadian Solar (NASDAQ: CSIQ) registered the second-highest returns of 138.21%,
followed by First Solar (NASDAQ: FSLR) which has an ROI of 72.55%. SolarEdge
Technologies (NASDAQ: SEDG) has recorded an ROI of 65.95%.”
SinglePoint, Inc. (OTCQB: SING) has experienced some of its biggest gains in 2021 and some
of the largest trading volumes in the stock’s history as investor interest in
solar stocks surged.
Following its
strategic path of building a renewable energy solutions portfolio, it announced yesterday it has completed the acquisition of EnergyWyze, LLC which was initially
announced on January 12, 2021. With the
transaction complete, SinglePoint bolsters its digital and direct marketing
assets and business relationships that will streamline, optimize and maximize
its customer-centric lead generation, including an extensive database of
validated leads, to form a preeminent solar lead generation engine.
“We are extremely excited 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
enhances the value of all our solar subsidiaries. We look forward to leveraging
this next-generation lead generation platform and network that will ultimately
drive significant growth and propel SinglePoint to the next level in the near
term,” commented Wil Ralston, President of SinglePoint.
From the news: EnergyWyze transforms the solar
installation experience for both homeowners and contractors. The Company is led
by a group of experts with deep history in acquiring and developing solar leads
for some of the nation’s largest solar companies including Vivint Solar,
SunEdison, Crius Solar, Radix and more.
From the news: It is estimated that less than 4% of the
residential solar addressable market in the domestic U.S. market currently has
a solar system installed. Customer acquisition can account for a significant
percentage of the spend in solar contractors' cost of doing business. With
this newly formed premier lead generation engine, SinglePoint aims to
reduce those costs and increase the conversion rate of new customers through
creating a premium customer experience the solar industry is lacking at this
point in time.
From the news: With its initial focus in solar energy,
the Company is building a foundation for future expansion opportunities
including energy storage, charge points for electric vehicles and solar as a
subscription.
Looking forward, the
Company issued news on January 20th with an updated presentation of its vision for renewable energy.
From the news: "2021
is poised to be a transformational year for SinglePoint. Our team continues to
build momentum and execute on the strategic objectives set out in front of us,
including but not limited to, uplisting to a national exchange, establishing a
leadership position in the renewable energy sector, and driving shareholder
value and long-term growth. As we continue to move forward, we are fully
committed to raising awareness of SinglePoint in the investment community and
executing a fundamental, 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.
According to an Infographic Kryptoszene.de, “The relative search volume on Google for the search term
pair "solar shares" rose by 1,328% in the first week of January
compared to the same period last year. A look at relevant listed companies'
share price performance reveals that investors are not content to merely gather
information. For example, the price of Enphase Energy (NASDAQ: ENPH) shares rose by 478% in a 12-month
review, while the DAX gained only 2.2%. “
In late January Enphase
Energy (NASDAQ: ENPH) announced the closing of its acquisition of Sofdesk Inc.,
headquartered in Montreal, Canada. Sofdesk’s Solargraf™ integrated software
platform offers the industry’s leading digital tools and services designed to
simplify and accelerate the end-to-end sales process across the residential
solar industry.
From the news: The Solargraf platform provides solar installers with critical
pre-sales engagement design, quoting and work-flow management from any PC,
tablet or mobile device. In addition, Sofdesk also offers Roofgraf™, a software
product that enables roofing contractors to generate homeowner proposals using
advanced machine learning technology.
“This acquisition supercharges Enphase’s digital transformation
efforts,” said Jayant Somani, Vice President of digital transformation at
Enphase Energy. “With these tools, residential installers can drive the
industry towards better customer journeys, create happier customers, and help
accelerate the transition to clean energy.”
Going into 2021 investor interest in solar stocks
spiked and now as Biden and other world leaders lay out plans for the future,
only time will tell how investors will react long term.
For investors following renewable energy and solar
stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Visit the Cleantech and Climate Change Podcast page at
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