SinglePoint Subsidiary Boston Solar Jumpstarts 2025 with over $4,000,000 in Contracted Solar and Battery Storage Installations
SinglePoint Inc's (OTC Pink: SING) subsidiary Boston Solar has secured over $4 million in solar contracts during January 2025, including two major commercial projects worth $3.6 million and residential sales exceeding $1 million. The company reports a significant increase in lead volume and project closures, with the sales team achieving over 30% conversion rate on leads.
Under President Mike Morlino's leadership, Boston Solar has implemented a revamped marketing strategy and is actively exploring new channels to expand its reach. The company has enhanced operational efficiency through overhead reductions and is expanding its geographic footprint across Massachusetts and Southern New Hampshire, focusing on partnerships with development groups for low-income and multi-family housing projects.
La sussidiaria Boston Solar di SinglePoint Inc (OTC Pink: SING) ha ottenuto oltre 4 milioni di dollari in contratti solari durante gennaio 2025, inclusi due importanti progetti commerciali del valore di 3,6 milioni di dollari e vendite residenziali superiori a 1 milione di dollari. L'azienda riporta un incremento significativo nel volume dei lead e nelle chiusure di progetto, con il team di vendita che ha raggiunto un tasso di conversione superiore al 30% sui lead.
Sotto la guida del presidente Mike Morlino, Boston Solar ha implementato una nuova strategia di marketing e sta attivamente esplorando nuovi canali per espandere la propria portata. L'azienda ha migliorato l'efficienza operativa attraverso riduzioni delle spese generali e sta espandendo la propria presenza geografica in tutto il Massachusetts e nel New Hampshire meridionale, concentrandosi su partenariati con gruppi di sviluppo per progetti di edilizia residenziale a basso reddito e per famiglie multiple.
La subsidiaria Boston Solar de SinglePoint Inc (OTC Pink: SING) ha logrado más de 4 millones de dólares en contratos solares durante enero de 2025, incluyendo dos importantes proyectos comerciales por valor de 3,6 millones de dólares y ventas residenciales que superan el millón de dólares. La empresa informa de un aumento significativo en el volumen de oportunidades y cierres de proyectos, con el equipo de ventas logrando una tasa de conversión de más del 30% en las oportunidades.
Bajo el liderazgo del presidente Mike Morlino, Boston Solar ha implementado una estrategia de marketing renovada y está explorando activamente nuevos canales para expandir su alcance. La compañía ha mejorado la eficiencia operativa a través de reducción de costos generales y está ampliando su presencia geográfica en Massachusetts y en el sur de New Hampshire, centrándose en asociaciones con grupos de desarrollo para proyectos de vivienda de bajos ingresos y para múltiples familias.
싱글포인트 Inc.의 자회사 보스턴 솔라는 2025년 1월 동안 400만 달러 이상의 태양광 계약을 체결했으며, 여기에는 360만 달러 규모의 두 개의 주요 상업 프로젝트와 100만 달러를 초과하는 주거 판매가 포함됩니다. 회사는 리드 수량 및 프로젝트 마감에서 상당한 증가를 보고하고 있으며, 영업팀은 리드에 대한 30% 이상의 전환율을 달성했습니다.
마이크 모르리노 회장의 리더십 아래, 보스턴 솔라는 새로운 마케팅 전략을 시행하였으며, 범위를 확장하기 위해 새로운 채널을 적극적으로 탐색하고 있습니다. 회사는 간접비 감소를 통해 operational efficiency를 향상시키고 있으며, 매사추세츠와 뉴햄프셔 남부 전역에 지리적 입지를 확장하고 있으며, 저소득 및 다가구 주택 프로젝트를 위한 개발 그룹과의 파트너십에 집중하고 있습니다.
La filiale Boston Solar de SinglePoint Inc (OTC Pink: SING) a sécurisé plus de 4 millions de dollars en contrats solaires en janvier 2025, y compris deux projets commerciaux majeurs d'une valeur de 3,6 millions de dollars et des ventes résidentielles dépassant 1 million de dollars. L'entreprise signale une augmentation significative du volume des prospects et des clôtures de projets, l'équipe de vente atteignant un taux de conversion supérieur à 30 % sur les prospects.
Sous la direction du président Mike Morlino, Boston Solar a mis en œuvre une stratégie marketing renouvelée et explore activement de nouveaux canaux pour élargir sa portée. L'entreprise a amélioré son efficacité opérationnelle grâce à des réductions de coûts généraux et élargit son empreinte géographique à travers le Massachusetts et le sud du New Hampshire, en se concentrant sur des partenariats avec des groupes de développement pour des projets de logements à faible revenu et multifamiliaux.
Die Tochtergesellschaft Boston Solar von SinglePoint Inc (OTC Pink: SING) hat im Januar 2025 über 4 Millionen Dollar in Solarkontrakten gesichert, darunter zwei bedeutende kommerzielle Projekte im Wert von 3,6 Millionen Dollar und Wohnverkäufe von über 1 Million Dollar. Das Unternehmen berichtet von einem signifikanten Anstieg des Lead-Volumens und der Projektabschlüsse, wobei das Verkaufsteam eine Konversionsrate von über 30 % bei den Leads erreicht hat.
Unter der Leitung von Präsident Mike Morlino hat Boston Solar eine überarbeitete Marketingstrategie umgesetzt und erkundet aktiv neue Kanäle zur Erweiterung seiner Reichweite. Das Unternehmen hat die betriebliche Effizienz durch Kostenreduzierungen verbessert und expandiert sein geografisches Gebiet in Massachusetts und im südlichen New Hampshire, wobei der Fokus auf Partnerschaften mit Entwicklungsgruppen für Projekte im Bereich des Wohnungsbaus für einkommensschwache und Mehrfamilienhäuser liegt.
- Secured $4 million in new solar contracts in January 2025
- Achieved 30% lead conversion rate
- Operational cost reductions implemented
- Geographic expansion into new Northeast markets
- Established partnerships for low-income and multi-family housing projects
- Ongoing need for growth capital to support new sales
- Facing market challenges
Boston, Massachusetts--(Newsfile Corp. - February 4, 2025) - SinglePoint Inc (OTC Pink: SING) subsidiary Boston Solar is excited to announce the success of over
"In the past year, Boston Solar has seen a dramatic increase in lead volume and project closures, thanks to a revamped marketing strategy. The sales team has consistently exceeded expectations, converting over
Despite market challenges and the ongoing need for growth capital to support new sales, the Boston Solar team has remained resilient, successfully driving business forward. Furthermore, operational overhead reductions have contributed to the overall efficiency of the company, ensuring continued success and growth.
In 2025, the solar energy industry is poised for substantial growth, driven by continued advancements in technology, increasing governmental support, and heightened global demand for clean energy solutions. With the cost of solar panels continuing to fall, coupled with efficiency improvements and energy storage innovations, solar power is becoming more accessible and cost-effective for both residential and commercial applications. Governments worldwide are ramping up their commitments to decarbonize, with many countries enacting more aggressive renewable energy targets, tax incentives, and subsidies. Additionally, as businesses and individuals alike seek to reduce their grid reliance and curb their energy costs, solar energy adoption is expected to surge, leading to significant investments in solar projects, grid integration, and community-based solar programs.
Boston Solar is positioning itself for continued expansion through the Northeast growing its geographic footprint North and West of Boston to reach more of Massachusetts and Southern New Hampshire. With strong state support for low income and multi-family housing utilizing solar Boston Solar has secured multiple partnership with development groups to become the preferred installation partner on these larger renewable energy projects.
About Boston Solar
Boston Solar is a subsidiary of SinglePoint Inc. (OTC Pink: SING). Since its founding in 2011, Boston Solar has installed more than 6,000 residential and commercial solar arrays, powering thousands of homes and businesses in New England, primarily in Massachusetts. The mission of Boston Solar is to provide superior clean energy products, exceptional customer service, and the highest-quality artistry in residential and commercial installations.
Boston Solar has accumulated several distinctions of recognition of the company's outstanding triumphs:
- Honored with Guildmaster Award from GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional customer service within the residential construction industry.
- Named a Top Solar Contractor by Solar Power World magazine for five consecutive years.
- Recognized by the Boston Business Journal's "Largest Clean Energy Companies in Massachusetts" list.
Boston Solar is a Solar Energy Business Association of New England (SEBANE) member. The company is headquartered at 12 Gill St. Suite - 5650 Woburn, MA 01801. Learn more at: www.bostonsolar.us.
About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com).
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Media Contact:
Michael Morlino, President
info@bostonsolar.us
Investor Relations Contact:
SinglePoint Inc
investor@singlepoint.com
888-682-7464
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239514
FAQ
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