Tuesday Dec 06, 2022

Markets for Solar Energy Maturing Rapidly As Solar Electricity Becomes Economically Competitive – PRNewswire

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PALM BEACH, Fla., Dec. 15, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary – As technology costs have fallen and efficiencies have increased, providing more energy output per square foot, solar has become one of the primary sources of new electrical capacity installed across the United States. A growing number of landlords and property owners have been installing solar energy systems on rooftops, open land, and canopy-style carports at commercial properties of all kinds. These investments reduce operating costs, promote sustainability, and boost returns on investment. As solar power technology continues to improve with each advancement, the USE of those technologies is also creating a surge in property owners earning new revenues by becoming a host site for solar farms. The positive impact of solar energy on commercial properties continues to expand. An article in Commercial Property Executive, quoting Con Edision Clean Energy Businesses executives, said: “Community solar also delivers community relations benefits by serving as a quiet, clean source of sustainable energy for the local area. Landlords benefit from lower cost energy while positively contributing to the local community by extending the opportunity for lower cost energy to nearby energy users, who become subscribers to the solar energy output. The number of subscribers who can be served varies based on the size of the system and from state to state based upon community solar qualification guidance. As host, you don’t need to be a participating subscriber although most hosts choose to subscribe to capture the benefit of lower electricity pricing.” Active Companies in the markets today include Green Stream Holdings Inc. (OTCPK: GSFI), ReneSola Ltd (NYSE: SOL), SolarEdge Technologies, Inc. (NASDAQ: SEDG), Sunrun (NASDAQ: RUN), SunPower Corp. (NASDAQ: SPWR).

It article continued: “Beyond asset-by-asset investment in solar, commercial real estate owners in a growing number of states can realize even greater savings and efficiency by participating in an increasingly popular program—community solar… under a community solar approach, if your commercial property can host more solar-based electricity than your property requires, the additional energy produced can be sold for the benefit of the surrounding community. It concluded: “In addition to the revenues earned by serving as the host of a community solar project, the property owner can realize additional savings in energy costs by participating as a subscriber to the energy output of the project. Thanks to the progressive regulatory policies, falling equipment costs, and advancing technology, community solar can offer exciting and financially attractive opportunities for commercial property owners while building a more sustainable world.”

Green Stream Holdings Inc. (OTCPK: GSFI) BREAKING NEWS – Green Stream Holdings, Inc. Announces Its Innovative Solar Canopy Designed By Morali Architects and Amergy Solar Inc., and Financed By Green Stream HoldingsGreen Stream Holdings Inc. (“the Company”) (http://www.GreenRainSolar.com ), an emerging leader in the solar utility and finance space, today announced that its All Faiths Cemetery Solar Facility Project has been approved by The New York City (NYC) Department of Buildings for compliance with all applicable zoning and construction regulations.

The multi-million dollar deal is being financed by Green Stream Holdings, Inc. to cover equipment and installation costs.

CEO James DiPrima said: “The All Faiths Cemetery Project has cleared first phase towards completion of a 3.3 Mega Watt Solar Facility in All Faiths Cemetery, Middle Village Queens …….

Source: https://www.prnewswire.com/news-releases/markets-for-solar-energy-maturing-rapidly-as-solar-electricity-becomes-economically-competitive-301445112.html

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