SinglePoint Releases New Corporate Presentation Highlighting Focus on Solar and Alternative Energy

PHOENIX, Jan. 20, 2021 /PRNewswire/ — SinglePoint Inc. (OTC: SING) («SinglePoint» or the «Company»), a company focused on providing renewable energy solutions, announced today the release of its new corporate presentation, now available on the Company’s website here.

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PHOENIX, Jan. 20, 2021 /PRNewswire/ — SinglePoint Inc. (OTC: SING) («SinglePoint» or the «Company»), a company focused on providing renewable energy solutions, announced today the release of its new corporate presentation, now available on the Company’s website here.

«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.

SinglePoint, through its majority owned subsidiary, SinglePoint Direct Solar, operating as Direct Solar of America is focused on providing renewable energy solutions to consumers and small commercial businesses and growing its national footprint, which has grown to operate in 38 states in U.S. during 2020 alone. Through the execution of this model, the Company is leveraging synergistic acquisitions and partnerships to generate revenue in the solar industry by providing renewable energy solutions to consumers and small businesses. 

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.

Investors or interested parties with questions about SinglePoint can contact JTC at SING@jtcir.com.

About SinglePoint Inc.

SinglePoint Inc. is a company focused on providing renewable energy solutions to consumers and small commercial businesses. SinglePoint is committed to building the largest network of renewable energy solutions and modernizing the traditional model. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

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 future plans and objectives of the Company, the spinoff of nonenergy related assets, qualification for a national exchange, 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.

Investor Contact:
JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com

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SOURCE SinglePoint Inc.

Fintel Releases December 2020 Insider Trading Report: Consumer Discretionary Sector at Highest Levels Since 2013

NEW YORK, Jan. 20, 2021 /PRNewswire/ — Fintel, a provider of advanced research tools for data-driven investors, today released the December 2020 edition of its Insider Trading Report, a monthly tracker of executive buying and selling by company, industry, and individual executive. The report is designed to help investment professionals identify trends from executive buying and selling that can inform investing decisions.

Among the key findings and highlights…

NEW YORK, Jan. 20, 2021 /PRNewswire/ — Fintel, a provider of advanced research tools for data-driven investors, today released the December 2020 edition of its Insider Trading Report, a monthly tracker of executive buying and selling by company, industry, and individual executive. The report is designed to help investment professionals identify trends from executive buying and selling that can inform investing decisions.

Among the key findings and highlights from the November report:

  • Total market insider sell/buy ratio is approaching 3.6, up from its bottom of 0.9 in June of 2020. This is the highest level since early 2017, when it reached 3.7 sellers for every buyer. This suggests a negative outlook for the total market.
  • The Financials sector has the most bullish outlook with an insider sell/buy ratio of 1.28. This is up from 0.97 last month and represents a weakening of the outlook for the sector.
  • The three most bearish sectors, Consumer Discretionary, Industrials, and Information Technology, have sell/buy ratios of 5.57, 6.38, and 14.86, respectfully. These three were at the bottom of last month’s list, and all three have worsening indicators this month.

«The insider sell/buy ratio of the consumer discretionary sector is at its highest level since 2013, indicating a severe negative outlook for the sector,» said Wilton Risenhoover, Fintel’s founder and Managing Partner. 

Each month, The Fintel Insider Trading Report identifies and charts the companies, industries, and insiders that have the most insider trading activity in raw dollar volume in the previous 30 days. Indicators include the total number of trades, shares, the average price of the trades, and total value. The report will also identify the industry sectors with the greatest change in insider trading volume and those with the lowest ratio of buying versus selling.

Subscribers to the report can then access the Fintel platform to delve more deeply into a specific company and access historical trading activity, delineate between planned and unplanned insider selling and draw correlations between insider trading activity and stock performance, all to gain a more accurate view of executive sentiment and investment opportunity.

Contact:
Wilton Risenhoover
Email: wilton@fintel.io
Telephone: +1-213-458-9141

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Insider Sell/Buy Ratio: Consumer Discretionary Sector
The insider sell/buy ratio of the consumer discretionary sector is at its highest level since 2013, indicating a severe negative outlook for the sector.

Related Links

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SOURCE Fintel

Fintech amplía sus servicios de datos mediante la adquisición de Aperity

TAMPA, Florida, 20 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech» o «la Compañía»), la compañía líder en el suministro de soluciones empresariales para la industria de bebidas alcohólicas, anunció hoy la adquisición de <a target="_blank"…

TAMPA, Florida, 20 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech» o «la Compañía»), la compañía líder en el suministro de soluciones empresariales para la industria de bebidas alcohólicas, anunció hoy la adquisición de Aperity, un innovador proveedor de gestión y análisis de datos. El Beverage Data Exchange de Aperity es la primera solución de datos de la industria centrada en la comunidad, que facilita el intercambio de perspectivas del negocio entre los socios de la cadena de suministros. El Beverage Data Exchange se integra fácilmente con la oferta de datos de Fintech y amplía la plataforma de datos de la Compañía. Fintech aprovechará la gran variedad de eslabones de la cadena de suministros y la tecnología de integración del Beverage Data Exchange para ofrecerle a la industria de las bebidas alcohólicas el universo de datos más completo de distribuidores, comercios minoristas, comercios electrónicos y agregadores de datos.

Fintech logo

«Nuestra alianza con Fintech aporta una extensa red de distribuidores y proveedores al Beverage Data Exchange de Aperity, lo que nos permite aprovechar los enormes recursos de la industria que tiene Fintech para expandir nuestras soluciones de gestión y analítica de datos que son las mejores de su clase», comentó Brent Arslaner, director de ingresos de Aperity. «Nos apasiona servir a nuestros clientes y, ciertamente, unirnos a Fintech respalda esa misión».

La adquisición de Aperity se da justo después de las de Lilypad Solutions y Armadillo Insight, y potencia la próspera división InfoSource® de Fintech, la cual suministra inteligencia de datos útiles para toda la industria de bebidas alcohólicas. Al contar con información integral y completa, los proveedores, distribuidores y minoristas pueden comparar su desempeño con el de la industria para optimizar más sus negocios. La adición del Beverage Data Exchange de Aperity aprovecha la dinámica actual de Fintech en el mercado de los datos y genera más perspectivas de negocio para los clientes y socios de la Compañía.

«En la medida en que Fintech continúa revolucionando los recursos de datos para la industria de las bebidas alcohólicas, la incorporación de Aperity es perfectamente lógica», afirmó Sameer Mungur, director de información de Fintech. «La utilización que hace Aperity del aprendizaje automático y la inteligencia artificial, junto con su intercambio de datos actual, son una poderosa adición al conjunto de productos InfoSource de Fintech. Tenemos gran expectativa por las oportunidades de crecimiento que esta adquisición representará para Fintech y nuestros clientes».

La adición de la solución Beverage Data Exchange de Aperity refuerza la misión de Fintech de ofrecer tecnologías especializadas para maximizar la eficiencia y mejorar la comunicación en los tres niveles de la industria del alcohol, aprovechando las soluciones de clase mundial de Fintech. Tanto Fintech como Aperity continuarán con sus operaciones habituales conforme se consolide la alianza.

Acerca de Fintech

Fintech es el proveedor líder de soluciones empresariales con tecnologías asequibles desarrolladas para simplificar la gestión de bebidas alcohólicas en empresas de cualquier tamaño dedicadas a la venta de alcohol. Empoderamos a los minoristas, distribuidores y proveedores mediante la automatización de procesos manuales y análisis de datos esenciales relacionados con la gestión de catálogos de productos, el pago de facturas de alcohol, la gestión de ventas a clientes y la recopilación de datos de la industria. Con más de 30 años de experiencia en la industria y de confiabilidad inquebrantable, Fintech genera retorno inmediato sobre la inversión a más de 650,000 relaciones empresariales en todo el país. Al simplificar las funciones rutinarias necesarias para proteger y ver crecer los márgenes, los equipos pueden enfocarse en lo que mejor saben hacer: atender a los clientes y hacer crecer sus negocios. Para obtener más información, visite www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. es propietaria de la marca comercial FINTECH, del logotipo de la F estilizada y de otras marcas comerciales y de servicios, muchas de las cuales están registradas en la Oficina de Patentes y Marcas Registradas de Estados Unidos. El software subyacente que respalda los servicios ofrecidos por FINANCIAL-INFORMATION-TECHNOLOGIES, LLC, y el contenido de este sitio web, tienen protección de derechos de autor de ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. Todos los derechos reservados.

Contacto: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com
Siga a @Fintech en Facebook, Twitter y LinkedIn

Logotipo: https://mma.prnewswire.com/media/562037/Fintech_logo_with_tm_dk_bl.jpg

 

FUENTE Fintech

Fintech Expands Data Services Through Acquisition of Aperity

TAMPA, Fla., Jan. 20, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech» or «the Company»), the leading business solutions provider for the beverage alcohol industry, today announced the acquisition of Aperity, an innovative data management and analytic provider. Aperity’s Beverage Data Exchange is…

TAMPA, Fla., Jan. 20, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech» or «the Company»), the leading business solutions provider for the beverage alcohol industry, today announced the acquisition of Aperity, an innovative data management and analytic provider. Aperity’s Beverage Data Exchange is the industry’s first community-centric data solution, facilitating business insights between supply chain partners. The Beverage Data Exchange integrates seamlessly with Fintech’s existing data offerings and broadens the Company’s data platform. Fintech will use the Beverage Data Exchange’s extensive supply chain connectors and integration technology to provide the beverage alcohol industry with the most comprehensive universe of data from distributors, retailers, e-commerce and data syndicators.

Fintech logo

«Our partnership with Fintech brings a wide network of distributors and suppliers to Aperity’s Beverage Data Exchange, allowing us to leverage Fintech’s vast industry resources to scale our best-of-breed data management and analytic solutions,» said Brent Arslaner, Chief Revenue Officer of Aperity. «We are passionate about serving our clients, and joining Fintech certainly aids in that mission.»

The Aperity acquisition follows that of Lilypad Solutions and Armadillo Insight, and bolsters Fintech’s growing InfoSource® division, which provides actionable data intelligence across the beverage alcohol industry. With comprehensive and complete data, suppliers, distributors and retailers can benchmark against industry performance to further optimize their businesses. The addition of Aperity’s Beverage Data Exchange builds upon Fintech’s existing momentum in the data market, and it brings further insights to Fintech’s clients and partners.

«As Fintech continues to revolutionize data resources for the beverage alcohol industry, the addition of Aperity makes perfect sense,» said Sameer Mungur, Chief Data Officer of Fintech. «Aperity’s use of machine learning and AI, combined with its established data exchange, is an exciting addition to Fintech’s InfoSource product suite. We look forward to the growth opportunities this acquisition will afford Fintech and our clients.»

The addition of Aperity’s Beverage Data Exchange solution furthers Fintech’s mission to deliver specialized technology to maximize efficiency and improve communication across the three tiers of the alcohol industry, building on Fintech’s world-class solutions. Both Fintech and Aperity will continue day-to-day operations as the partnership develops further.

About Fintech

Fintech is the leading business solutions provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights associated with product catalog management, alcohol invoice payment, customer sales management, and industry data collection. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 650,000 business relationships nationwide. By simplifying the day-to-day functions necessary to protect and grow margins, teams can get back to doing what they do best – taking care of customers and growing their businesses. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com
Follow @Fintech on Facebook, Twitter, and LinkedIn

Logo – https://mma.prnewswire.com/media/562037/Fintech_logo_with_tm_dk_bl.jpg

SOURCE Fintech

Morningstar Reports U.S. Mutual Fund and Exchange-Traded Fund Flows for Full-Year and December 2020

CHICAGO, Jan. 20, 2021 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. <a target="_blank"…

CHICAGO, Jan. 20, 2021 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) flows for the full-year and December 2020. For the full year, long-term mutual funds and ETFs gathered $212 billion, which was below the $356 billion average annual inflow from 2010 through 2019. In December, long-term mutual funds and ETFs collected more than $86 billion—the second-largest monthly gain in 2020 behind November’s $111 billion.

Morningstar’s report about U.S. fund flows for the full-year and December 2020 is available here. Highlights from the report include:

  • ETFs posted calendar-year record inflows of $502 billion, with taxable-bond ETFs collecting the most of any category group at nearly $195 billion in 2020. Meanwhile, mutual funds saw a record $289 billion of outflows in 2020, yet their $18.2 trillion of total assets at year’s end was more than three times the total assets of ETFs.
  • Looking at category groups, U.S. equity funds’ $241 billion of outflows for the year was four times the previous record of $58 billion set in 2015. Large-growth equity funds had $66 billion of outflows in 2020, marking their 17th consecutive year of outflows.
  • Taxable-bond funds collected $73 billion of inflows in December and a record $441 billion for the year. The Federal Reserve bought high-yield and corporate bond funds midyear to support the fixed-income market, and its actions helped both categories garner record inflows in 2020 of $54 billion and $52 billion, respectively.
  • Commodities funds drew a record $37.6 billion in 2020 as investors added gold and silver to their portfolios through ETFs such as SPDR Gold shares amid economic and social turmoil.
  • Vanguard led all fund families in 2020 with nearly $141 billion of inflows. Dimensional Fund Advisors saw the most outflows in 2020 at $37 billion. In December, Vanguard saw $25.2 billion of inflows, the second-most for the year behind the $42.7 billion of inflows in January 2020.

To view the complete report, please click here.

The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed outside the scope of this press release; (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $215 billion in assets under advisement and management as of Sept. 30, 2020. The Company has operations in 29 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.

Morningstar’s Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar’s Manager Research Group’s current expectations about future events and therefore involve unknown risks and uncertainties that may cause such expectations not to occur or to differ significantly from what was expected. Analyst Ratings are not guarantees nor should they be viewed as an assessment of a fund’s or a fund’s or separately managed account’s underlying securities’ creditworthiness. This press release is for informational purposes only; references to securities or a separately managed account investment strategy in this press release should not be considered an offer or solicitation to buy or sell the securities or to invest in accordance with that strategy.

©2021 Morningstar, Inc. All Rights Reserved.

MORN-R

Media Contact:
Rebecca Rogalski, +1 312 244-7771 or rebecca.rogalski@morningstar.com

Morningstar logo (PRNewsFoto/Morningstar Research Inc.) (PRNewsfoto/Morningstar, Inc.)

 

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SOURCE Morningstar, Inc.

FMI Releases CIRT Sentiment Index, First Quarter 2021 Report

RALEIGH, N.C., Jan. 20, 2021 /PRNewswire/ — FMI Corporation, the leading provider of consulting and investment banking services to the Built Environment, released the first quarter 2021 CIRT…

RALEIGH, N.C., Jan. 20, 2021 /PRNewswire/ — FMI Corporation, the leading provider of consulting and investment banking services to the Built Environment, released the first quarter 2021 CIRT Sentiment Index. This quarter’s questions polled Construction Industry Round Table (CIRT) members on internal metrics such as backlogs and hiring goals as well as economic risks and regulatory concerns for 2021.

Key findings from this quarter’s survey include:

  • A slight increase in confidence seen in the Sentiment Index, which increased to 55.5 from 54.2, and the Design Index remaining constant at 64.8 from the previous quarter.
  • The most frequently selected economic risk factors for 2021 include the ongoing slowdown (62%), project delays and cancellations (53%), uncertainty about project funding (50%) and increasing competition (43%).
  • The most frequently selected political or regulatory concerns include federal infrastructure funding (55%), renewed aggressive regulatory policy (50%), coronavirus response (47%) and tax policy (45%).
  • Among the industries represented by CIRT’s member base, lodging, commercial, heavy civil and transportation, office and education are projected to experience the biggest short-term declines across both the design and construction industries.
  • The design industry’s long-term view of project growth remains positive, with every sector tracking above 3.0. The construction industry’s long-term view is similarly optimistic, with just one sector tracking below 3.0 (office).

Access the full report here.

The CIRT Sentiment Index is a survey of Construction Industry Round Table members that is carried out by FMI each quarter. The CIRT is composed exclusively of approximately 115-120 CEOs from the leading architectural, engineering and construction firms doing business in the U.S. CIRT is an organization that is uniquely situated to represent the richly diverse and dynamic design and construction community.

About FMI

FMI is the leading provider of consulting and investment banking to the Built Environment. We provide services in the areas of strategy, leadership and organizational development, performance, technology and innovation, mergers and acquisitions, financial advisory and private equity financing.

For more information, please visit www.fminet.com.

Media Contact:

Liz Hester, FMI
lhester@fminet.com
919.785.9209

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SOURCE FMI Corporation

Astronaut Buzz Aldrin Receives the COVID-19 Vaccine and Urges Americans to Continue Taking Precautions

LOS ANGELES, Jan. 20, 2021 /PRNewswire/ — Apollo XI Lunar Module Pilot, USAF Colonel and Moonwalker, Dr. Buzz Aldrin received a COVID-19 vaccine on Monday.

LOS ANGELES, Jan. 20, 2021 /PRNewswire/ — Apollo XI Lunar Module Pilot, USAF Colonel and Moonwalker, Dr. Buzz Aldrin received a COVID-19 vaccine on Monday.

«As we move forward into 2021, I want to send a message of hope and inspiration to the American people and to all the world – help is here.  I am proud to step forward to take this safe coronavirus vaccine that is provided – in record time – for all the world; this effort truly is a miracle,» Buzz Aldrin remarked.       

Describing his experience: «Getting the COVID-19 vaccine was painless.  I want to thank all the scientists, healthcare workers, and government officials who worked tirelessly to develop and distribute the COVID-19 vaccine quickly and safely.  I urge everyone to sign up for a vaccination as soon as possible when they are eligible to do so that life can return to normal soon.»  

CONTACT:
Robert B. Charles
(202) 546-2262
289567@email4pr.com
Buzz Aldrin Ventures, Public Relations

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SOURCE Buzz Aldrin Ventures

East Raymond reaches commercial operation as RWE U.S. 27th onshore wind farm

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «We continue to grow our large-scale renewable portfolio here in the United States, one of our focus markets, and we look forward to future success on additional projects. Our teams continue to deliver outstanding projects in a difficult environment with an unrelenting focus on health and safety.»

RWE Renewables’ East Raymond (Raymond) facility, a 200-megawatt (MW) onshore wind farm located in Willacy and Cameron counties, Texas, has achieved commercial operation.

«We’re excited to announce our 27th onshore wind farm in the U.S. and our eighth project on the Texas Coast,» said Silvia Ortin, Chief Operating Officer North America. «We’re also very happy to be delivering clean, low-cost power for the next 30 years while helping Austin Energy achieve its renewable energy goals.»

A 12-year power purchase agreement with Austin Energy for offtake from the project was announced in August 2019.

«We currently offset more than 60 percent of our customers’ energy needs with carbon-free resources,» said Austin Energy General Manager Jackie Sargent. «The Raymond Wind Farm in South Texas coming online brings us closer to meeting our climate protection goals adopted by the Austin City Council and championed by our customers.»

Raymond came online in late December finalizing the project without any lost time safety incident.

The project is powered by a total of 91 Vestas V120 and V110 – 2.2 MW turbines and generates power for more than 60,000 households

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis                                                               

Communication Manager                   

RWE Renewables                                 

M +1 512 698 4043                                            

matthew.tulis@rwe.com                 

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

 

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SOURCE RWE Renewables

Solar Inverter Market Size USD 26650 Million By 2026 At A CAGR of 8.9% – Valuates Reports

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on <a…

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Renewable & Alternative Energy Category.

Valuates Reports Logo

The global Solar Inverter market size is projected to reach USD 26650 million by 2026, from USD 14600 million in 2019, at a CAGR of 8.9% during 2021-2026.

Major factors driving the growth of Solar inverter market size are large inflow of investments in the renewable energy sector, increase in favorable government initiatives and rise in the number of residential solar rooftop installations.

This report focuses on Solar Inverter volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Solar Inverter market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Inquire For Sample Report with Covid-19 impact Factors: https://reports.valuates.com/request/sample/QYRE-Auto-34Z1035/Global_Solar_Inverter_Market

TRENDS INFLUENCING THE SOLAR INVERTER MARKET SIZE 

Growing demand for renewable energy due to an increase in power consumption along with a decline in the cost of producing renewable energy is expected to drive the growth of solar inverter market size during the forecast period. The cost of producing renewable energy has undergone a very steep decline and is now competitive in meeting the increasing power need. 

Favorable government initiatives like energy-saving certificates are expected to augment the growth of solar inverter market size. Furthermore, governments across the globe are concentrating on infrastructure growth in their countries to boost the quality of life of their people. The UAE government, for example, focuses primarily on the Smart Dubai initiative, seeking to turn the city into a leading smart city worldwide. This expansion of construction activities is expected to increase the solar inverter market size. 

The use of solar inverters is further promoted by the growing impact of greenhouse gases and rising environmental problems. Increasing awareness about global warming is expected to boost the solar inverter market growth. 

Many companies in the solar inverter market are introducing the internet-of-things platforms, delved into artificial intelligence and machine learning, and ventured into other smart-energy verticals. This, in turn, is expected to provide additional growth opportunities for the solar inverter market size. 

View Full detailed Report on Solar Inverter Market : https://reports.valuates.com/market-reports/QYRE-Auto-34Z1035/global-solar-inverter

SOLAR INVERTER MARKET SHARE ANALYSIS

The central PV inverter segment held the largest solar inverter market share in 2019 due to the extensive use of these systems in large industrial applications. On the other hand, the String Inverter segment had the second-largest market share in 2019 for residential and commercial applications.

Due to the increased demand for solar energy among consumers for electrification purposes, home appliances, and other applications, the residential end-use segment is expected to see significant growth in the solar inverter market during the forecast period.

The commercial & industrial end-use segment is expected to witness a significant CAGR during the forecast period. This is mainly due to the growing acquisition of large off-site projects that allow businesses to offset a greater portion of their energy use, which has become increasingly necessary for tech companies such as Facebook, Microsoft, Apple, and Amazon Web Services.

In 2019, the utility segment held the largest solar inverter market share and was expected to continue its dominance during the forecast period. This dominance of the utility segment is due to increased demand for solar renewable energy, decreasing solar power & equipment prices, and rising government subsidies. With their pre-integrated power stations, some main players provide customers with industry-leading utility-scale solutions to achieve higher performance and decreased device balance costs.

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Key Players

  • ABB
  • SMA Solar Technology
  • Canadian Solar
  • SolarEdge Technologies
  • SunPower
  • Delta Electronics
  • Solectria Renewables
  • Sineng Electric
  • Hitachi Hi-Rel Power Electronics
  • Power electronics

«We can also add the other companies as you want»

Segment by Regions

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Segment by Type

  • Central Solar Inverter
  • String Solar Inverter
  • Micro Solar Inverter

Segment by Application

  • Residential
  • Commercial
  • Utility

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SIMILAR REPORTS :

–  Micro inverter market size is projected to reach USD 2.7 billion by 2022, growing at a CAGR of 27.3% from 2016-2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe. Major factors driving the growth of micro-inverter market size are technological advancements in the field of micro-inverters, fast-growing residential market, government subsidies, and economic incentives. 

–  Europe region is the largest consumption of Solar Pump Inverter Market with a consumption market share of nearly 73% in 2017. Africa is the second-largest consumer of Solar Pump Inverter, enjoying a consumption market share of nearly 16% in 2017.

–  The PV Inverter market size is projected to reach USD 7592.7 Million by 2026, from USD 6314.5 Million in 2020, at a CAGR of 3.1% during 2021-2026.

–  In 2019, the market size of String Inverters Market was 2850 million US$, and it will reach 5310 million USD in 2025, growing at a CAGR of 8.1% from 2019.

The Asia Pacific is estimated to hold the largest market share for string inverters till 2023. The Government targets, policy support, incentives such as feed-in traffics and tenders, and competitive bidding in the region will drive the string inverters market during the forecast period.

–  Single Phase Micro Inverter Market by Product Type – Grid, Off Grid, Application – Energy, Aerospace,by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Single-Phase String Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities,  by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Central Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities, by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

To see the full list of related reports on the Solar Inverter

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SOURCE Valuates Reports

Boiling Springs starts commercial operation as RWE U.S. first onshore wind farm in Oklahoma

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «Under very challenging conditions, our teams have delivered this project with outstanding dedication to our business goals while continuing to prioritize health and safety. This milestone, of our 26th onshore wind farm in the U.S., further proves our track record in the development, construction and operation of high-quality generation assets in North America—one of our focus markets.»

The RWE Renewables portfolio in North America continues to expand as Boiling Springs, a 148-megawatt (MW) project, located in Woodward County, Okla., has achieved commercial operation. The facility is RWE’s first project in Oklahoma and in the Southwest Power Pool.

It is powered by 60 GE turbines, a mix of GE127-2.82 MW and GE 116-2.3 MW generators. Boiling Springs came online in late December after posting an impressive work safety record of no lost time incidents.

«After several years of development, we are thrilled to see this project fully operational in the Southwest Power Pool (SPP), a new market for us,» said Silvia Ortin, Chief Operating Officer North America. «SPP is a highly-attractive market with considerable potential for working with new customers in the corporate, industrial and utility segments. As always, we appreciate the local support from the community and our landowners to help us bring Boiling Springs from development through construction and now to successful operation.»

RWE announced, in September 2019, Boiling Springs signed an agreement with American Honda Motor Co., Inc., for offtake as part of one of the largest-ever renewable energy purchases by the automotive industry. Under the terms of the Virtual Power Purchase Agreement (VPPA), Honda has contracted for 120 MW of the power and renewable attributes from the 148 MW Boiling Springs Wind Farm.

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis

Communication Manager

RWE Renewables

M +1 512 698 4043

matthew.tulis@rwe.com

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

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SOURCE RWE Renewables