Green Stream Holdings Announces Completion Of Soil Borings For Solar Farm Canopy Construction Site

Rhea-AI Summary

Green Stream Holdings Inc. (OTC PINK:GSFI) recently announced the completion of soil boring tests at their Solar Farm site on Metropolitan Avenue, Queens, NY, marking a significant step towards the construction phase. The engineering work was conducted by Structural Engineering Technologies, P.C., a firm with over 80 years of experience in foundation engineering. CEO James DiPrima emphasized that this achievement allows for further progress on additional sites. Green Stream aims to expand its presence in the solar market, targeting significant rooftop spaces in New York City.

Positive

• Completion of soil boring tests allows for construction to proceed.
• Engagement of a reputable engineering firm with extensive experience.
• Plans for significant expansion in the solar energy market in NYC.

Negative

• None.

Company Previously Engaged Structural Engineering Technologies, P.C. ( SET) For Engineering & Test Boring Services; SET Is 80 Year Old Firm Nationally Renowned For Its Structural And Foundation Engineering Services

NEW YORK, NY / ACCESSWIRE / September 20, 2021 / Green Stream Holdings Inc. (OTC PINK:GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, today announced that the soil boring testing has been completed for the Metropolitan Avenue, Queens, NY. Now the Company can proceed to the construction phase for their Solar Farm canopies at the site.

CEO James DiPrima said: "The completion of this step will now allow us to enter into the construction phase on this site… with our other sites quickly following suit."

SET's two principals have over 80 years of combined experience in all facets of structural and foundation Engineering. S.E.T., P.C. has blended traditional, practical engineering skills with modern technological tools in a single firm that provides efficient and cost-effective solutions for all phases of a project.

​S.E.T., P.C. is not your typical structural engineering firm, but rather a rapidly growing design firm that provides demolition, structural, foundation, geotechnical, civil and environmental, value engineering, and forensic engineering services, as well as engineering support services for owners and contractors, interface with and obtaining approvals from NYC Department of Buildings (Excavation Unit, Concrete Enforcement Unit, Forensic Unit, etc.) and NYC Transit Authority.

S.E.T., P.C. has also expanded into directly providing soil borings, soil testing, underground environmental services, optical and vibration monitoring services, precondition surveys of existing facilities, and project management/advisory services for the support of excavation, foundation, and superstructure phases of your project.

The Company had previously engaged SET for the Preparation and Submission of Geotechnical Reports, based on Soil Borings, and samples taken by SET's driller. Report contained all pertinent new building data, brief site history, description of site geology, analysis and description of Soil Borings, and recommended foundation types for proposed new building. Approximately twelve (12) Soil Borings will be made for this site and were to be installed to an anticipated depth of 30 feet below grade. All Borings were installed to their desired anticipated depth, bedrock or refusal, whichever comes first.

About Green Stream Finance, Inc.
Green Stream Finance, Inc., a solar utility and finance company 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.

For All Inquiries Contact:
+1 (424) 280-4096
president@greenstreamfinance.com
Website: greensolarutility.com
Phone number: (646) 669-7007

SOURCE: Green Stream Holdings Inc.

View source version on accesswire.com:
https://www.accesswire.com/664704/Green-Stream-Holdings-Announces-Completion-Of-Soil-Borings-For-Solar-Farm-Canopy-Construction-Site

FAQ

What recent milestone did Green Stream Holdings Inc. (GSFI) achieve?

Green Stream Holdings Inc. announced the completion of soil boring tests for their Solar Farm project in Queens, NY.

Who conducted the engineering work for GSFI's solar project?

The engineering work was conducted by Structural Engineering Technologies, P.C., a firm renowned for its structural and foundation engineering services.

What are the future plans for Green Stream Holdings Inc. following the soil testing?

Following the soil testing, GSFI will enter the construction phase for the Solar Farm canopies and plans to expand its solar market presence.

How does Green Stream Holdings Inc. plan to expand in the solar market?

GSFI is targeting installation in 50,000 to 100,000 square feet of rooftop space in New York City, focusing on high-growth solar market segments.