NEW YORK, NY, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, today commentated on its 5th feasibility study site and 5th agreement with property owners of host sites.
CEO James DiPrima said: “As technology costs have fallen and efficiencies have increased, providing more energy output per square foot, solar has become one of the primary sources of new electrical capacity installed across the United States.
As solar power technology continues to improve with each advancement, the USE of those technologies is also creating a surge in property owners earning new revenues by becoming a host site for solar farms. The positive impact of solar energy on commercial properties continues to expand. A growing number of landlords and property owners have been installing solar energy systems on rooftops, open land, and canopy-style carports at commercial properties of all kinds. These investments reduce operating costs, promote sustainability, and boost returns on investment.
With KMB’s help, our projects shall be interconnected directly with the utility at one point of interconnection with a new service feeder from the utility substation. The scope of work will include Interconnection Drawings, electrical permit/construction drawings, and support through the construction phase.
Thanks to the progressive regulatory policies, falling equipment costs, and advancing technology, community solar can offer exciting and financially attractive opportunities for commercial property owners while building a more sustainable world.
As previously announced, Green Stream Holdings engaged with KMB, a nationally known, full service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist the Company in installing three ground-mount solar farms.
KMB was hired to conduct solar feasibility studies for locations in the State of New York. Their studies will determine the most efficient configuration for the arrays, estimated production matters, utility interconnect feasibility & process, as well as to identify any potential incentive programs.
About KMB Design Group
KMB Design Group, LLC was founded by a team of seasoned professionals who have been working together for over 15 years. We are a service engineering solutions provider licensed in all 50 states of the United States and in Europe. We take a systematic approach to developing comprehensive solutions for our clients; guiding projects from conception through site acquisition, engineering and construction. Our extensive experience in the engineering and telecommunications industries provide a great foundation for a successful design firm. KMB’s focus on technology and continuous improvement enables the firm to keep up with the latest innovations and provide state-of-the-art design solutions for our clients. KMB currently provides designs and engineering services for over 1,000 projects and 1,500 MW nationwide for a wide ranging size of solar installations. For more information, please visit: https://www.kmbdg.com or https://www.kmbdg.com/services/solar-engineering/
About Green Stream Finance, Inc.
Green Stream Finance, Inc., a solar utility and finance company with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space. For more information, please visit: https://greensolarutility.com
Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
For All Inquiries Contact:
+1 (424) 280-4096
president@greenstreamfinance.com
SOURCE: Green Stream Holdings Inc.
Website: https://greensolarutility.com
Phone number: (646) 669-7007
