#Solar #Stocks: Green Stream Holdings (OTC: $GSFI)
Secures Project Anticipated to Produce over $3.9 million in Revenues for over a
Period of 25 years; @HoldingsGreen
Pacific
Palisades, CA, June 23, 2020 - (Investorideas.com Newswire) Cleantech and renewable energy
stocks news alert- Green
Stream Holdings Inc. (OTCMKTS:GSFI) ("Green
Stream", "GSFI", or the "Company"), an emerging leader
in the democratization of solar energy through innovative solar energy
generation facilities and designs, is excited to announce that the Company has
secured a new Community Solar Project agreement (the “Agreement”) with
CubeSmart Self Storage of Hackensack, NJ (“CubeSmart”). The project is
anticipated to produce over $3.9 million in revenues for over a period of 25
years.
Read this news
featuring GFSI in full at https://www.investorideas.com/news/2020/renewable-energy/06231GreenStreamHoldings-Solar.asp
The
Agreement provides for the rooftop installation of a solar energy collection
system at the CubeSmart facility. Design and Permitting is anticipated to be
concluded next month, and the system is expected to be fully installed by
November 2020.
“We
are excited about this new project and anticipate a smooth installation and
launch at CubeSmart,” stated Madeline Cammarata, President of Green Stream
Holdings. “The community solar model is a proven path to private sector
implementation of renewable energy infrastructure. Energy from the Sun will hit
the CubeSmart facility whether we install the means to collect it or not. We
believe this installation will represent an effective demonstration of how our
model can make better use of that resource, and we look forward to ongoing and
future discussions with proprietors of many similar facilities over the near
term as Green Stream continues to expand our Community Solar footprint.”
The
Agreement provides for the installation of 1,099 Q-Cell 415 photovoltaic solar
panels driven by 11 SolarEdge 33.3 480v inverters creating a 456 KW Solar
Photovoltaic rooftop system. Installation designs will be provided by the
Company’s partner, Morali Architects, the leading architecture firm run by
renowned architect, Antony Morali.
The
installation is anticipated to produce over $3.9 million in solar energy
revenues over a period of 25 years. The Company will pay monthly lease fees to
CubeSmart as compensation for the use of its site as host for system
installation and collection of solar energy.
The
Company has contracted Green Hybrid Energy Solutions, Inc, a top regional solar
energy solutions company certified by the North American Board of Certified
Energy Practitioners (NABCEP), to handle construction and installation of the
Solar Photovoltaic rooftop system. Construction and installation costs will be
heavily subsidized by federal, state, and local solar energy subsidies.
About
Green Stream Finance, Inc.
Green
Stream Finance, Inc., a Wyoming-based corporation 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 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.
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.
Company
Contact/Address
Green Stream Finance Inc. & Green Rain Solar, LLC
16620 Marquez Avenue
Pacific Palisades, CA 90272
Phone: 310-230-0240
Green Stream Finance Inc. & Green Rain Solar, LLC
16620 Marquez Avenue
Pacific Palisades, CA 90272
Phone: 310-230-0240
SOURCE:
Green Stream Finance, Inc.
Paid news Disclaimer/Disclosure: Investorideas.com is a digital publisher of
third party sourced news, articles and equity research as well as creates
original content, including video, interviews and articles. Original content
created by investorideas is protected by copyright laws other than syndication
rights. Our site does not make recommendations for purchases or sale of stocks,
services or products. Nothing on our sites should be construed as an offer or
solicitation to buy or sell products or securities. All investing involves risk
and possible losses. This site is currently compensated for news publication
and distribution, social media and marketing, content creation and more.
Disclosure is posted for each compensated news release, content published
/created if required but otherwise the news was not compensated for and was
published for the sole interest of our readers and followers. Contact
management and IR of each company directly regarding specific questions.
Disclosure : this news release featuring Green Stream
Holdings Inc. (OTCMKTS:GSFI) is a paid for news release
on Investorideas.com https://www.investorideas.com/News-Upload/
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news
services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
About Investorideas.com
Sign up for free stock news alerts at
Investorideas.com
No comments:
Post a Comment