Green Stream Holdings Inc. President Unveils Revolutionary Community Solar Project Model of Wholly-Owned Subsidiary Green Rain Solar, LLC
Pacific Palisades, California--(Newsfile Corp. - June 19, 2020) - Green Stream Holdings Inc. (OTC Pink: GSFI) ("Green Stream", "GSFI", or the "Company"), an emerging leader in the solar energy space, is excited to unveil the revolutionary Community Solar Project model of its wholly owned subsidiary, Green Rain Solar, LLC ("Green Rain").
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Madeline Cammarata, President of Green Stream Holdings, explained, "I am thrilled to highlight to our shareholders the continually refined focus of Green Stream on our unique, niche, business paradigm: the Community Solar Project. The Community Solar Project is an elegantly simple solution to basic renewable energy and sustainability challenges faced by high energy cost urban areas around the nation. The simplicity of our model means it can scaled in myriad ways to meet the needs of urban communities, small and vast. The clarity of our vision comes from examining old problems through a new multidisciplinary lens combining the latest insights and advances in renewable solar energy generation, world-class architectural design, urban planning, and public utility infrastructure engineering. However, it can sometimes mean that the simple effectiveness of our model can be obscured in the particulars of cutting edge tech-speak. In order to cut through that fog, I want to set a floodlight of clarity on our Community Solar Project model by highlighting three simple concepts.
"1) We are a Solar Energy Utility Company. Perhaps due to our close collaboration with world renowned architect, Antony Morali at our partner, Morali Architects, some have assumed that we are in the solar energy installation business. But this is not so. Our niche is not competing with installers. Like household names PG&E of California or Consolidated Edison of New York, we are providing energy for the power grid. Our niche is differentiated in that we target high cost energy urban locations around the nation with effective, sustainable solar power generation. The sun shines on the rooftops of New York City just like it does every else. Without our solar energy collection systems, that energy becomes a wasted resource. With our systems in place that sunlight generates cost effective power that can be plugged into the grid as a viable business model. Speaking of rooftops, that flows naturally into the second concept.
"2) We Own the Rooftops. We are not competing in the race to buy up land for solar panel installation. As we are targeting high energy cost urban areas we overlay our footprint on another potentially wasted resource hiding in plain site in cities across the nation: empty rooftops, overpasses, and canopies. The proprietors of the facility receive lease payments as compensation for system install and collection of solar energy. Everyone wins: money comes into the community as an overlooked product of urban sprawl becomes productive. The community gains access to cost effective clean, green energy. Elegantly designed solar energy collection architecture is introduced to the public face of the city, and revenues are generated creating value for our shareholders and partners. And the win/win paradigm continues with the final concept.
"3) We are Ending Food Deserts. In inner cities across the USA a silent public health scourge stalks children and families living in urban sprawl and the scourge is this: lack of access to locally sourced, fresh, organically grown produce. Our Solar Greenhouses takes under utilized space and turns them into sustainable inner city farms, harnessing collected solar energy and runoff water to become an oasis for healthy produce to be reintroduced into urban deserts and improve the health and well being of the community."
Ms. Cammarata concluded, "Imagine if you would a gas station/convenience store in the heart of the city: the epitome of a negative carbon footprint and unhealthy nutrition thrust upon a community with few other options. By partnering with the proprietor of that gas station/convenience store in the launching of an urban rooftop greenhouse and solar energy collection system, the Green Rain Community Solar Project model is able to offset the environmental impact of that footprint and benefit the community in every way. And all of it in a commercially viable way to the benefit of our partners and shareholders. We are in the midst of pursing just such projects in places like Newark, NJ and Bellport and Larchmont, both in New York. And further lucrative projects are being structured at the moment. Although I am not yet at liberty to discuss the particulars on those projects, I hope to be able to announce the details in the very near term."
Green Rain Solar
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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 key partnership 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.
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.
Green Stream Finance Inc. & Green Rain Solar, LLC
16620 Marquez Avenue
Pacific Palisades, CA 90272
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SOURCE: Green Stream Finance, Inc.
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