Green Stream Holdings, Inc. Signs Initial Host Site for Community Solar Program; 25-year model program with expected project revenues greater than $ 13 million

The old company website was inadvertently used in an original press release on Wednesday, July 14, 2021 at 8:00 a.m. The correct website address is: https://greensolarutility.com

Solar carports at the Christ the King High School site in Middle Village, Queens, New York will generate 1.53 megawatts covering all parking lots; The community solar project not only helps schools, but helps the community.

NEW YORK, NY / ACCESSWIRE / July 14, 2021 / Green Stream Holdings Inc. (OTC PINK: GSFI) (“the Company”) (https://greensolarutility.com), an emerging leader in solar energy and finance, which recently announced projects in the rapidly growing urban gardening sector with solar greenhouses dedicated primarily to rooftop agriculture, and which has announced a project to convert old shipping / freight containers into inexpensive greenhouses for the and inner city neighborhoods, announced today that it has signed its initial host site for its community solar program.

CEO James DiPrima said: “This first deal is a 25-year lease that is expected to generate over $ 13 million for the project over time and is our model for other similar deals that are already underway.”

Host sites serve the unhappy customer base of people / businesses that do not have the roof or other area on their property to house the company’s solar technology infrastructure. It also allows owners of large properties to generate income by hosting a community solar project on their rooftop, parking lot or open space.

Community-solar is a New York State shared solar program that offers all utility customers the ability to switch to solar at no cost, with nothing on their roof or property, and immediate savings on their electricity bill and rental income from their property. .

The company’s agreement with the school will generate 1.53 megawatts covering all parking lots at the Christ the King High School site in Middle Village, Queens, New York. This community solar project not only helps the school, which will receive an annual fee for 25 years, to lease the land, but will also help the surrounding community by reducing its energy costs.

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CEO James DiPrima said: “The benefits for the host sites are that they can monetize their roof, land or parking lot, create a new source of income, build a low cost + clean power plant, contribute to an economy region and support healthier communities. It is a basis of our model for this community and others.

The benefits for subscribers are immediate financial savings, pay-as-you-go options, access to clean energy benefits even if they cannot install on their own property, and support healthier communities. “

Green Rain Solar has worked with New York State; the PSC, NYSERDA, Governor’s Office for the past 10 years, helping to pass community-solar legislation. Green Rain Solar Consulting has partnered with leading providers of roofless community shared solar power, providing individual clients with a seamless transition to automatic monthly savings.

CEO James DiPrima said, “The program is available to all New York utility customers – residential, commercial, non-profit and renters; Nothing on your house or office building; $ 0 initial cost, $ 0 ongoing charge – never; Instant 15% to 25% savings on your electricity bill Over 25 years of savings; Move to one location and the savings stay with you (as long as you move to the same service area); Ideally located and fully maintained solar panels for maximum power generation; and Internet and smart -phone monitoring to easily track performance and savings. “

He continued, “A solar farm is built on a ‘Host Site’ roof or ground support, a remote location in a utility area; The system is directly connected to the electrical network, bypassing all on-site meters; All the power produced by the system can then be credited to any utility customer, at zero cost, instant savings; and the savings will be credited to the invoice of individual customers for 20 years +… ”

For more information, visit: https://greensolarutility.com/community-solar-ny/

About Green Stream Finance, Inc.
Green Stream Finance, Inc., a utility and solar finance company with satellite offices in Malibu, California and New York, NY, is focused on tapping into currently unfulfilled energy markets. solar, 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 built and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and branded design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high growth solar market segments for its advanced solar greenhouse products and advanced solar batteries. The company has a growing footprint in New York City’s considerably underserved solar market, where it targets 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream seeks to forge a key partnership with leading investment groups, brokers and private investors to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is committed to becoming a major player in this critical space. Thanks to its innovative solar product offerings and its industrial partnerships, the Company is well placed to become a major player in the solar sector.

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 document contains statements about future events and / or expected financial results which are forward-looking in nature and subject to risks and uncertainties. This includes the possibility that the business described in this press release may not be concluded for any reason. This may be due to technical, installation, authorization or other issues that were not anticipated. These 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 statements made herein. Except for any obligation under United States federal securities laws, Green Stream Finance, Inc. assumes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise. .

All inquiries
+1 (424) 280-4096
[email protected]
Website: greensolarutility.com

SOURCE: Green Stream Holdings Inc.

See the source version on accesswire.com:
https://www.accesswire.com/655565/CORRECTION-Green-Stream-Holdings-Inc-Signs-Initial-Host-Site-for-Community-Solar-Program-25-Year-Model-Program-With-Expected- Project-Revenues-in-Surplus-of-13-Millions