Direct Solar of America signed an agreement with Soligent Distribution LLC so that it can sell, finance and supply contractors with the materials every project needs. This puts Direct Solar of America, a solar energy brokerage and subsidiary of SinglePoint Inc., in better position as the company should see additional revenue streams and profit through the agreement.
“The effect of this agreement changes the entire dynamics for the company,” says CEO Pablo Diaz. “We will now be able to streamline our project flow from inception to completion and recognize an additional 50% or more revenue derived from projects as we will be selling the materials and financing as well. We are beyond excited to work with Soligent and their plethora of contacts and subsidiaries in the industry.”
Soligent Distribution is the largest pure-play solar distributor in the Americas, supplying thousands of solar installers and contractors with solar energy equipment, engineering services and project financing solutions.
“Providing Direct Solar of America the ability to deliver financing and procurement channels with their project origination will support them in their journey to provide an industry leading disruptive solution,” says – Steve Ragsdale, Director of Sales. “We are excited to provide Direct Solar of America with the technology, tools, and support needed to be successful at the largest scale.”
— Solar Builder magazine