Woburn, Massachusetts – (May 17th, 2024) – SinglePoint Inc (CBOE: SING) (“SinglePoint” or “the Company”) subsidiary Boston Solar, a proud partner of the Boston Red Sox and a leading provider of solar energy solutions, is pleased to announce the completion and successful grid integration of a significant rooftop solar installation for ABCorp, a global manufacturing company headquartered in West Roxbury, MA. This project, which received Permission to Operate (PTO) on April 24, 2024, marks a major milestone in Boston Solar’s commitment to advancing renewable energy adoption in the region.
The newly installed system boasts a capacity of 769.12 kW DC / 483.3 kW AC, strategically designed to maximize energy production across two roof planes—the lower L and the upper main roof—of ABCorp's manufacturing facility. Utilizing advanced photovoltaic technology, the installation features 1,672 high-efficiency MAXEON SPR-MAX6-460-COM panels, each rated at 460 W. To ensure optimal performance and reliability, the system is equipped with nine SMA STP 50-US-41 inverters, each with a capacity of 50 kW, and one SMA STP 33-US-41 inverter rated at 33.3 kW.
Projected to generate approximately 913,730 kWh in its first year of operation, this installation underscores ABCorp's commitment to sustainability and reducing its carbon footprint. The system's energy production, as estimated using PV Watts, will significantly offset the company's energy consumption, supporting its environmental goals while contributing to the broader effort of reducing greenhouse gas emissions.
"We are thrilled to have partnered with ABCorp on this impactful project," said Michael Morlino, CEO of Boston Solar. "This installation not only highlights the potential for solar energy to power large-scale industrial operations but also sets a benchmark for future commercial installations in the Boston area. ABCorp's leadership in adopting renewable energy solutions is commendable, and we are proud to support their sustainability initiatives."
The successful completion of this project reinforces Boston Solar's position as a premier provider of renewable energy solutions, capable of delivering customized solar installations tailored to the unique needs of commercial and industrial clients.
For more information about this project or to learn more about Boston Solar's services, please visit www.bostonsolar.us.
ABCorp stands out in the manufacturing services industry with a history dating back to 1795. Originating as a secure printer for the First Bank of the United States, the company has consistently been at the forefront of security and fraud prevention. Renowned for designing error-free manufacturing processes, ABCorp plays a crucial role in global authentication, payments, and secure access, facilitating millions of transactions daily.
Their diverse capabilities include designing and personalizing contactless credit cards, 3D printing detailed prototypes and parts, and delivering omnichannel content to enhance customer experiences. ABCorp operates within a highly secure ecosystem, ensuring the highest standards of security and innovation in all their services.
Boston Solar is a subsidiary of SinglePoint Inc. (CBOE: SING) Since its founding in 2011, Boston Solar has installed more than 5,000 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 the 2020 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. Applauded 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
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).
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:
Nicholas Andrade, Marketing Assistant.
info@bostonsolar.us
Investor Relations Contact:
SinglePoint Inc
investor@singlepoint.com
888-682-7464
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