Green Stream Holdings Begins Application For 3rd Utility Interconnection Agreement For Anthony Morali Designed 350 Thousand Foot, 3 Megawatt Roof Mount System

Rhea-AI Summary

Green Stream Holdings Inc. (OTC PINK:GSFI) has signed a third agreement with KMB Design Group to conduct a feasibility study for a 3 Megawatt roof-mounted solar system at 565 Blossom Road, Rochester, NY. The project is part of the company's efforts to expand its solar utility operations. CEO James DiPrima emphasized the importance of an interconnection agreement for connecting solar systems to the grid. The company aims to enhance its market position by leveraging innovative designs and strategic partnerships, while targeting high-growth segments in the solar energy market.

Positive

• Engaged KMB Design Group for a feasibility study on a significant solar project.
• Continued partnerships with industry experts to enhance project designs.
• Targeting high-growth solar markets to expand operations.

Negative

• None.

Company Signs A 3rd Agreement With Nationally Recognized Solar Engineer, KMB Design Group, To Lead Application Process

Nationally Recognized Solar Engineer, KMB Design Group, Will Do Feasibility Study For 565 Blossom Road, Rochester, NY And Will Lead Application Process

NEW YORK, NY / ACCESSWIRE / September 24, 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 Anthony Morali, the Company's Advisor on Creative Solar Design has completed his Initial Design For 350 thousand foot, 3 Megawatt Roof Mount System for 565 Blossom Road Rochester, NY and that nationally recognized solar engineer, KMB Design Group, will do the feasibility study for the project.

The Company previously contracted with KMB in order to have them conduct solar feasibility studies for three separate locations. This interconnection application is for the 565 Blossom Road Rochester, NY site.

CEO James DiPrima said: "An Interconnection Agreement is a contract with a utility for distributed generated systems, including solar photovoltaics. The agreement is a written notice to a utility company of plans to construct, install and operate any system which will be connected to the grid and must be submitted prior to the start of construction. After the utility receives the required documentation, the application is reviewed for approval."

Mr. Morali serves as the Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses. Morali's unique design uses customized red greenhouse glass and seamless solar panels.

Green Stream and Mr. Morali have been engaged in a joint partnership to develop these revolutionary greenhouses as well as other state-of-the-art solar projects in rapidly growing solar markets.

CEO James DiPrima said: "We at Green Stream are pleased to officially welcome Mr. Morali as we continue to deepen our existing partnership. Anthony Morali is the founder of Morali Architects and Renewable Energy Development (R.E.D.) Mr. Morali's expertise in solar construction and design is renowned throughout the industry. We look forward to Mr. Morali playing a critical role in the design and development of our state-of-the-art greenhouse facilities throughout the United States as we continue to accelerate our expansion plans and generate value for our shareholders."

As previously announced, Green Stream Holdings engaged with KMB, a nationally known, full service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist the Company in installing three ground-mount solar farms.

KMB was hired to conduct solar feasibility studies for locations in the State of New York. Their studies will determine the most efficient configuration for the arrays, estimated production matters, utility interconnect feasibility & process, as well as to identify any potential incentive programs.

About KMB Design Group

KMB Design Group, LLC was founded by a team of seasoned professionals who have been working together for over 15 years. We are a service engineering solutions provider licensed in all 50 states of the United States and in Europe. We take a systematic approach to developing comprehensive solutions for our clients; guiding projects from conception through site acquisition, engineering and construction. Our extensive experience in the engineering and telecommunications industries provide a great foundation for a successful design firm. KMB's focus on technology and continuous improvement enables the firm to keep up with the latest innovations and provide state-of-the-art design solutions for our clients. KMB currently provides designs and engineering services for over 1,000 projects and 1,500 MW nationwide for a wide ranging size of solar installations. For more information, please visit: https://www.kmbdg.com or https://www.kmbdg.com/services/solar-engineering/

the survey for a 5th feasibility study site at 565 Blossom Road in Rochester, NY. The property owner of this fifth host site has signed an agreement. This new community solar host site encompasses a 350 thousand square foot roof array.

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/665437/Green-Stream-Holdings-Begins-Application-For-3rd-Utility-Interconnection-Agreement-For-Anthony-Morali-Designed-350-Thousand-Foot-3-Megawatt-Roof-Mount-System

FAQ

What recent agreement did Green Stream Holdings (GSFI) sign?

Green Stream Holdings signed a third agreement with KMB Design Group for a feasibility study on a 3 Megawatt roof-mounted solar system.

What is the location of the new solar project by GSFI?

The new solar project is located at 565 Blossom Road, Rochester, NY.

Who is leading the application process for GSFI's solar project?

KMB Design Group, a nationally recognized solar engineering firm, is leading the application process.

What is the capacity of the roof-mounted solar system planned by GSFI?

The planned roof-mounted solar system has a capacity of 3 Megawatts.

What is the significance of an interconnection agreement for GSFI?

An interconnection agreement is crucial for connecting the solar system to the utility grid.