Green Stream Holdings Inc.(OTCPK: GSFI) is Green Stream Holdings Inc. (GSFI) Solar Energy Solution To The Utility Grid!
The Company is concurrently operating in multiple markets and prepared for conducting business in several industry-friendly countries, states, and regions including California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada.
Green Stream Holdings expects to receive substantial revenues through electricity sales directly to the New York market’s building owners. Referral agreements with the local community members will be essential to enter this market, particularly in New York, where the Company will develop marketing partnerships with major roofing companies to fuel client acquisition and increase sales.
The Company exclusively targets commercial solar leasing and construction, a market space that provides significant and longer-term cash-producing assets.
Purchase Power Agreements and Lease Agreements
The Company realizes that it should distinguish itself not solely through its unique products but also a personalized and convenient contractual relationship with its customers.
Accordingly, GSFI believes that the revenues in key regions will be derived directly from Purchase Power Agreements (PPAs) or simple leasing agreements. Ultimately, PPA is a financial arrangement in which a third-party developer, such as the Company, owns, operates, and maintains the photovoltaic (PV) system. A host customer agrees to site the system on its property and purchases its electric output from the solar services provider for a predetermined period. This financial arrangement allows the host customer to receive stable and low-cost electricity. Simultaneously, the solar services provider or another party acquires valuable economic benefits, such as tax credits and income generated from electricity sales.
By the terms of the PPAs, the Company acts as the developer, designer, and administrator of the project, dealing with permits, finances, managing the solar system, and installation and maintenance.
A customer, or “Host,” will pay a rate for such services, which is typically lower than the local utility’s retail rate. This lower electricity price significantly offsets the customer’s purchase of electricity from the host’s grid during the PPA length.
Solar Greenhouses
A critical component of the Company’s mission is the Company’s next-generation solar greenhouses.
The greenhouse designs are the brainchild of world-renowned architect Mr. Antony Morali, with whom the Company has engaged through a joint venture and profit-sharing agreement. Mr. Morali also serves as the lead designer of the Company’s current and planned solar greenhouse construction projects. RED, a leading expert in solar infrastructure design, is engaged in several large solar project constructions within the New York metropolitan area.
To date, they announced the first-ever construction of a solar greenhouse incorporating proprietary greenhouse technology that uses customized red greenhouse glass and seamless solar panels.
Such greenhouses comprise an innovative and aesthetically pleasing solar power system that is expected to increase space use compared with conventional greenhouses significantly.
The red greenhouse glass removes the green light and increases the ratio from red to blue light, which significantly increases plant growth compared to current solar greenhouse constructions. Comprised entirely of solar panels, with the walls of the structure itself made of solar glass, these innovative greenhouses will be installed on top of warehouses or other buildings.
GSFI is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products.
The Company targets multiple high revenue verticals within the expanding solar energy markets, including but not limited to the rapidly increasing community solar space. For instance, in New York City, where building owners pay some of the highest electricity prices, the Company plans to rent from 50,000 to 100,000 square feet of rooftop space in the near future to install its solar power solution providing the option of renewable solar power to local customers.
GSFI is a fully reporting company filing a FORM 10-K on August 19, 2020. Green Stream is well-positioned to become a significant player in the solar space with its innovative solar product offerings and industry partnerships.
On July 23, 2020, Green Stream Holdings Inc. announced that it has recently entered into MOU’s in New York. In line with GSFI’s business model, Morali Architects will design alongside construct and install or retrofitting various solar structures (rooftops, canopies, parking structures, and more) at the designated locations by GSFI. The systems produce energy from the sun, and GSFI owns the contracts with the ability to sell the power generated to the surrounding communities.
Madeline Cammarata, CEO states. “The opportunity in New York is unique in that NY communities offer cash upfront and above-average rates, nationally. We anticipate the projects targeted in New York and surrounding states will generate an average of $265k per year, per project over the 25-year contracts we can secure.”
One of the Company’s new deals, the “Imlay 160 Project”, is with Red Hook 160 LLC, a privately‐owned residential developer, and owner of residential apartment buildings in New York City, owns 160 Imlay Street, Brooklyn, New York 11231.
Also, On July 1, 2020, GSFI announced it had secured two new Community Solar Project agreements (the “Agreement”) with CubeSmart Self Storage of Hackensack, NJ (“CubeSmart”). The new locations are anticipated to produce an additional $6.6 million in revenues, that’s in addition to the previously announced $3.9 million totaling $9.9 million for the entire project over 25 years.
Madeline Cammarata, CEO comments, “In the last few years, rooftop gardening has been growing exponentially. The opportunity and necessity to grow crops on rooftops and inside tall buildings allows for efficient use of the limited space found in cities, and we have the infrastructure in place to begin cultivating these structures alongside and even within a select group of our current projects.”
Cammarata adds, “We are dedicated to becoming a major player in this critical space. Through our innovative solar product offerings and industry partnerships, Green Stream is well-positioned to become a significant player in the solar space.”
At these share prices, GSFI may be a ground-floor situation to keep a close eye on!
LATEST NEWS:
Solar Urban Farming Implements Impactful Biosolar Approach with Next-Gen Solar Greenhouses
MALIBU, CA / ACCESSWIRE / August 13, 2020 / Green Stream Holdings Inc. (OTC PINK:GSFI) (https://www.GreenRainSolar.com ), an emerging leader in the solar utility and finance space, is pleased to announce that it is entering the rapidly growing urban gardening sector with solar greenhouses dedicated primarily to rooftop farming.
Roofs with vegetation are widely believed to extend roof life, conserve energy, and reduce stormwater runoff and air pollution; new studies show they can also boost the performance of solar panels. Plants reduce a roof’s contribution to the urban heat-island effect by lowering the surrounding air temperature through evaporation; this cooling can also make photovoltaic panels perform more efficiently. Plants also reduce airborne pollutants and dust particles, allowing the panels to absorb more sunlight.
GSFI CEO Madeline Cammarata comments, “In the last few years, rooftop gardening has been growing exponentially. The opportunity and necessity to grow crops on rooftops and inside tall building allows for an efficient use of the limited space found in cities and we have the infrastructure in place to begin cultivating these structures alongside and even within a select group of our current projects.”
She continues, “We are confident that a new generation of organic super-sized food products grown locally under strict fully climatized conditions, will provide the next generation of urban cuisine, not to mention a supply source for community minded stores like Whole Foods, Target and local markets.”
“Now we have the ability to significantly impact the communities we serve with the opportunity for multiple streams of income from each project, from providing electricity for the public utilities, to growing fresh fruits and vegetables for the local restaurants. Growing season is 24 -7/365 in our climate-controlled roof top greenhouses powered by solar arrays, and with dual-benefit: storing power during the day for use at night, and utilizing excess power to sell back to communities as an energy source.”
Green Stream 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.
Cammarata adds, “We are dedicated to becoming a major player in this critical space. Through our innovative solar product offerings and industry partnerships, Green Stream is well-positioned to become a significant player in the solar space.”
Shareholders-visit greenrainsolar.com. where you can view Green Stream’s news, filings and even a live Level 2 stream, along with other company information.
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, 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.
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.
