Green Stream Holdings Inc. (OTC Pink: 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 over a period of 25 years.
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The Agreement provides for the rooftop installation of a solar energy collection system at the CubeSmart facility. Design and Permitting are anticipated to be concluded next month, and the system is expected to be fully installed by November 2020.
"We are amped up for this new extend and envision a smooth establishment and dispatch at CubeSmart," expressed Madeline Cammarata, President of Green Stream Holdings. "The people group sunlight based model is a demonstrated way to private area usage of sustainable power source foundation. Vitality from the Sun will hit the CubeSmart office whether we introduce the way to gather it or not. We accept this establishment will speak to a powerful exhibit of how our model can utilize that asset, and we anticipate progressing and future conversations with owners of numerous comparable offices over the close to term as Green Stream keeps on extending our Community Solar impression."
The Agreement accommodates the establishment of 1,099 Q-Cell 415 photovoltaic sun based boards driven by 11 SolarEdge 33.3 480v inverters making a 456 KW Solar Photovoltaic housetop framework. Establishment plans will be given by the Company's accomplice, Morali Architects, the main engineering firm run by a prestigious modeler, Antony Morali.
The establishment is foreseen to deliver over $3.9 million in sun-powered vitality incomes over a time of 25 years. The Company will pay month to month rent expenses to CubeSmart as pay for the utilization of its site as a host for framework establishment and an assortment of sun powered vitality
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 a key partnerships 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.
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