Company
SinglePoint Inc
OTCMKTS: SING
SinglePoint Inc (OTCQB:SING), a growth company, provides Solar and Healthy living solutions by aiming to build the largest vertically integrated network of renewable energy solutions through acquisitions. SinglePoint is also actively pursuing opportunities in air purification, electric vehicle (EV) charging, and solar as a subscription service to enhance sustainability and a healthier consumer environment
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SinglePoint's clean energy acquisition approach pays off in 3Q Boston Solar sales surge
The company reported revenue of nearly $6.6 million in the three months ended September 30, compared to $273,877 in the third quarter of 2021
SinglePoint subsidiary Boston Solar benefitting from solar tax credit provisions of Inflation Reduction Act
With changes from the IRA, the tax credit is currently 26% but will be increased to 30% of the expenses for an additional ten years
SinglePoint subsidiary Boston Solar breaks ground on solar system for MGM Music Hall at Fenway
The solar panel system being installed on the rooftop of the MGM Music Hall will also provide solar benefits to Fenway Park, paving the way for more innovative solar power uses by sports complexes and entertainment venues across the country
SinglePoint subsidiary BPA Solutions launches consulting services to aid organizations with FEMA reimbursement for COVID-19 expenses
According to the company, the streamlined application threshold has been raised from $131,000 to $1 million per organization since April 2020 when the public assistance funding was first introduced
SinglePoint subsidiary BOX Pure Air launches new division BPA Solutions as provider of indoor air quality and safety solutions for schools
The company said BPA Solutions would offer indoor air purification and security products to 131,000 public and private K-12 schools in the United States
SinglePoint applauds Inflation Reduction Act of 2022 for climate change investment
SinglePoint CEO Wil Ralston said the Inflation Reduction Act is the largest investment in clean energy in US federal history
SinglePoint brings in record $4.5M revenue in 2Q fueled by Boston Solar acquisition
The solar energy company reported revenue of $4.5 million for the period ended June 30, nearly ten times higher than its revenue in the same quarter of 2021
SinglePoint acquires Frontline Power Solutions, a multi-state, licensed energy services company
Frontline Power Solutions provides energy supply agreements to commercial, industrial, and institutional properties
SinglePoint expects immediate revenue opportunities for its majority-owned subsidiary Boston Solar with passage of the Inflation Reduction Act
"SinglePoint is capable of exponentially increasing revenue due to this legislation passing,” the company’s CEO Wil Ralston said