Green Stream Holdings, Inc. Again Contracts Nationally Recognized Solar Engineer, KMB Design Group, To Provide A Solar Feasibility Study For Five Multi Mega Solar Farms

Rhea-AI Summary

Green Stream Holdings Inc. (GSFI) announced plans to install a new ground-mount solar farm in Greece, NY, partnering with KMB Design Group, a leading engineering solutions provider with significant experience in solar energy. The initiative follows previous feasibility studies on three 37-acre sites in New York, two of which have been completed. KMB will assess optimal array configurations, production estimates, and utility interconnect feasibility. Green Stream aims to expand its footprint in the solar industry, focusing on high-growth segments and innovative technologies.

Positive

• Partnership with KMB Design Group enhances engineering capabilities.
• Expansion into new solar markets demonstrates growth potential.
• Completion of two feasibility studies indicates progress in project rollout.

Negative

• No specific financial metrics or projections provided.
• Potential risks associated with the installation and permitting processes.

Company Is Seeking To Install A New Ground-Mount Solar Farm In Greece, NY - KMB Design Group Is A Full Service Engineering Solutions Provider That Has Provided Designs And Engineering Services For Over 1,000 Projects Nationwide With Over 1,500 MW Of Solar Designed

NEW YORK, NY, Sept. 08, 2021 (GLOBE NEWSWIRE) -- 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 it has re-engaged a nationally known a 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 additional ground-mount solar farms.

The Company previously contracted with KMB in order to have them conduct solar feasibility studies for three separate locations in the State of New York. Each site is 37 acres. Two of the studies have been completed. The first of the three locations was recently completed for, 312 Cornish Hill Road, Cooperstown, N.Y., and the second 37 acre site was at Hadley, N.Y.

Their study 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.

KMB is a full service engineering solutions provider that has provided designs and engineering services for over 1,000 projects and 1,500 MW for a wide range of solar installations from small scale  to large scale. KMB Design Group is at the forefront of the escalating solar industry and is considered a leading consulting firm in the renewable energy field providing photovoltaic design and engineering services. Licensed in 50 states. They have the ability to work nationally without limitations.

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/

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   
SOURCE: Green Stream Holdings Inc.

Website: greensolarutility.com
Phone number: 646) 669-7007

FAQ

What is Green Stream Holdings Inc. (GSFI) planning to do in Greece, NY?

Green Stream Holdings Inc. is seeking to install a new ground-mount solar farm in Greece, NY.

Who is KMB Design Group in relation to Green Stream Holdings Inc. (GSFI)?

KMB Design Group is a full-service engineering provider that has been contracted by GSFI to assist with solar farm installations.

What are the recent developments for Green Stream Holdings Inc. (GSFI) regarding solar energy?

GSFI has re-engaged KMB Design Group to conduct feasibility studies for new solar projects in New York.

What size are the solar sites being studied by Green Stream Holdings Inc. (GSFI)?

Each site being studied is 37 acres in size.

What does the partnership with KMB Design Group mean for Green Stream Holdings Inc. (GSFI)?

The partnership enhances GSFI's engineering capabilities and supports its expansion in the solar market.