Green Stream Holdings Inc. Receives $7.8 Million In Secured Contracts For Its Community So-lar Model For Renewable Energy Infrastructure
Green Stream Holdings Inc. (OTC: GSFI) announces today (June 24, 2020) it has sold over the past six months $7.8 million in secured contracts for its Community Solar Model for renewable energy infrastructure.The executed contract projects, located primarily in the Northeast, represent in excess of $300,000 in annual revenue and $26,000 of monthly clear cash flow, the company said. This pipeline is extensive and Green Stream Holdings Inc. (OTC: GSFI) said these are fully executed contracts from the past six months. It is unable to announce new projects until they are fully executed.
Media companies such as Stock Market Press are reporting on the fast growing solar energy market. It covers Green Stream Holdings Inc. (OTC: GSFI), Tesla Inc. (NASDAQ: TSLA), Jinko Solar Co., Ltd. (NYSE: JKS), Enphase Energy Inc. (NASDAQ: ENPH), Vivint Solar Inc. (NYSE: VSLR), SolarEdge Technologies Inc., (NASDAQ: SEDG).
Green Stream Holdings Inc. (OTC: GSFI) Receives $7.8 Million In Secured Contracts For Its Community Solar Model For Renewable Energy Infrastructure
Green Stream Holdings Inc. (OTC: GSFI) is a solar energy company with a distinctly urban difference. Its Community Solar Project model focuses on renewable and sustainable energy to urban markets. It uses resources such as empty rooftops, overpasses and canopies. The owners receive lease payments as GSFI overlays its footprint that results in clean, sustainable energy and value is created for both company partners and shareholders. Madeline Cammarata, president of Green Stream Holdings Inc. (OTC Pink: GSFI), said the project is a win/win paradigm.
Virtual Reality Tours of Next Generation Greenhouses Available At Company Subsidiary Website greenrainsolar.com
At company subsidiary website greenrainsolar.com, Virtual Reality tours are given to the company’s Solar Greenhouse and Solar Greenhouse Aquaponics System. Located on urban rooftops, the concept is to change sunlight into electricity and to develop urban greenhouses for food distributors, restaurants or warehouses. The goal is to maximize yield growth, from a world class solar engineering company, the site reports. Green Stream Holdings Inc. (OTC: GSFI) Receives $7.8 Million In Secured Contracts For Its Community Solar Model For Renewable Energy Infrastructure.
Madeline Cammarata, president of Green Stream Holdings Inc. (OTC Pink: GSFI), said, “We are extremely happy with the speed and efficiency in which these projects came together. The community solar model is a proven path to private sector implementation of renewable energy infrastructure. Energy from the Sun will hit the Community whether we install the means to collect it or not. We believe these build-outs 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.”
A New Multidisciplinary Lens: How It Works
Cammarata said the clarity of vision from this model examines old problems through a new multidisciplinary lens. The company, she said, is not a solar energy installer and is is not seeking land for solar panel installations. It wishes to provide locally-sourced, fresh, organically gown produce and build next-generation proprietary solar greenhouses with advanced solar battery projects that create value for its partners and shareholders. The concept is that the Company pays the landowner rent, then provides off grid electricity to the local community. The result is a win-win for everyone as the carbon footprint is reduced, electrify is produced, and the Company monetizes the transaction by selling electricity generated.
One example is Duke University, which through Duke Energy, DUK/NYSE, aims to cover one million square feet of rooftops throughout New York City in conjunction with the NJ Community Solar Energy Pilot Program. Green Stream Holdings Inc. (OTC: GSFI) receives $7.8 Million In Secured Contracts For Its Community Solar Model For Renewable Energy Infrastructure.
Solar Is An Unfulfilled Market
The Solar Energy Industries Association (SEIA) recently issued a report detailing solar capacity installed as of Q1 2020 at 81.4 GW of installed capacity — that’s enough to power almost 16 million homes in the U.S., the report says, but that represents less than 10% of total homes. That leaves a large unfulfilled market. Green Stream Holdings Inc. (OTC: GSFI) Receives $7.8 Million In Secured Contracts For Its Community Solar Model For Renewable Energy Infrastructure.
Source: Stock Market Press
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