Green Stream Holdings Inc (OTCMKTS:GSFI) is a leading finance and solar utility company. It recently announced that it was surveying Rochester, New York, as a potential location for its fifth feasibility study site. This host site’s property owner has already executed an agreement. This new solar host site will sit on 350,000 square feet. In addition, green Stream previously announced that it was engaging with a full-service, nationally recognized engineering company with extensive experience dealing with solar renewable energy known as KMB. This engagement was to help the company install three ground-mount solar facilities.
KMB was contracted to study the solar feasibility of different locations in New York. Their research will determine which would be the best configuration for all the arrays, utility interconnects processes and feasibility, the identification of potential incentive programs, and estimated production matters.
Green Stream’s Chief Executive Officer, James DiPrima, said that as efficiencies increase and tech costs continue to fall, solar is slowly becoming one of the primary sources of new power being installed across the whole country.
Market Reaction:
On Thursday, GSFI stock fell 1.64% at $0.0300 with more than 23.62 million shares, compared to its average volume of 2.12 million shares. The stock has moved within a range of $0.0290 – 0.0650 after opening the trade at $0.0355.
