Green Stream Holdings, Inc. Signs 2nd Agreement With KMB Design

New York, NY, September 13, 2021 – Green Stream Holdings, Inc. (OTC PINK: GSFI) (“the Company”) (https://greensolarutility.com), an emerging leader in the solar utility and finance space, recently announced that it had 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 several ground-mount solar farms in the State of New York.

The Company previously contracted with KMB in order to have them conduct solar feasibility studies for three separate locations. Each site is 37 acres. The studies have been completed on two of the sites, This interconnection application is for the Cornish Hill Road, Cooperstown, NY site.

Chief Executive Officer 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.”

He continued: “Management is excited to enter this stage of operations, as it can be an important step in our efforts to continue to increase shareholder value.”

Total Photovoltaic system will consist of approximately 15600 panels anticipated to produce 7.4kW of direct current to sequential inverters for participation/partnership with a registered New York State Community Solar provider at 312 Cornish Hill Road, Cooperstown, NY 13326.

The projects shall be interconnected directly with the utility at one point of interconnection with a new service feeder from the utility substation. The scope of work will include Interconnection Drawings, electrical permit/construction drawings, and support through the construction phase.

Some of the scope of services to be provided by KMB are:

  • Coordinate with the client to kick off the projects and ensure receipt and dissemination of pertinent information and to ensure an agreed upon path forward.
  • Use existing field survey information in order to determine existing electric service location, conditions, interconnection points, available space for new equipment, and potential feeder routing.
  • Review the proposed array size and select appropriate inverters, medium voltage transformers, and other BOS equipment.
  • Discussions with Client on preferences, electrical service information, and review of the proposed electrical design.

Prepare a preliminary three-line diagram for the interconnection, and a site drawing with the following information:

  • Site placement
  • Module layout
  • Inverter and Equipment Locations and Selection
  • Anticipated conduit routing and interconnection point
  • AC and DC single line preliminary design

KMB will also create Electrical Engineering Construction Drawings, including:

  • Upon notice to proceed on the construction documents, KMB will create a full permit/construction drawing set utilising the layout created in Helioscope, Civil Survey, and the racking design Layouts, and the Interconnection drawings as the basis of design.
  • KMB will incorporate any feedback received from the client and utility on the preliminary drawings and layout into the construction drawing set.
  • Coordinate with the racking system manufacturer selected by the Client and include details and design intent reflective of their system particulars and needs. The racking support structure shall be the responsibility of the manufacturer.
  • Discussions with Client on findings, preferences, any challenges identified, and the proposed electrical design.

Prepare electrical design and construction documents to include the following:

  • Cover sheet with relevant site and project information.
  • Site plan with equipment locations, conduit routing, and interconnection location.
  • Single-line and three-line diagram of the required distribution system to support the PV system installation.
  • Electrical circuiting design and layout for the PV installation including solar module strings, wire sizing, combiners, inverters, meters.
  • Perform all required NEC calculations and voltage drop calculations and identify key statistics on drawings.
  • Include detail of typical string electrical connection, inverter and PV modules, code required signage, etc.
  • Provide DAS wiring schematic based on DAS design drawings provided by DAS manufacturer.

KMB is a full service engineering solutions provider that has provided designs and engineering services for over 1000 projects and 1500 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 1000 projects and 1500 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, utilise 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 50000 to 100000 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 capitalise 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. For more information, please visit: https://greensolarutility.com

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 harbour 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:

Tel: +1 (424) 280-4096
Email: [email protected]

SOURCE: Green Stream Holdings Inc.

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

Nationally Recognised Solar Engineer Completes Second Feasibility Study

NEW YORK, NY, July 27, 2021 – Green Stream Holdings Inc. (OTC Pink: GSFI) (“the Company”) (https://greensolarutility.com), an emerging leader in the solar utility and finance space, today, has announced the survey for the second feasibility study of the three previously announced sites is completed, and that the property owner has signed an agreement.

Green Stream Holdings previously announced earlier this month that they engaged in an agreement 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.

The company also previously announced that survey for the first of the three locations was completed last week for, 312 Cornish Hill Road, Cooperstown, N.Y., and now the second 37 acre site at Hadley, N.Y. is now also complete and the owner has signed a 25 year lease for the property.

KMB was initially hired to conduct solar feasibility studies for three separate locations in the State of New York. Each site is 37 acres. 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.

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, utilise 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 capitalise 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. Please visit: https://greensolarutility.com

About Chuck’s Vintage:

Chuck’s Vintage, a division, provides its clients access to historical fashion accessories, garments and complete ensembles from a bygone era. In these times of uncertainty, and ever-changing conditions, , Chuck’s Vintage is doing its best to provide clients with a consistent white glove experience. Come to Chuck’s for the denim but stick around and complete your look with the founder’s sampling of vintage American workwear: rugged military and work boots, buttery leather bomber jackets, and soft, perfectly worn-in vintage 70’s rock tees. Classic American Cool.

Chuck’s Vintage was founded by GSFI former CEO Madeline Cammarata (fka Madeline Harmon), who hailed from an illustrious background in fashion. Her career began as a fashion model, where she was soon discovered by the iconic and provocative fashion photographer Helmet Newton, launching Cammarata to the runways of Europe. Returning to the US, Madeline found a powerful niche in the high fashion world of denim, where she was instrumental in providing fabric development for powerful brands like 7 For All Mankind and provided thousands of pieces to celebrity and business elites from Steve Jobs to Morrisey and everywhere in between. Please visit: https://chucksvintage.com

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 harbour 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:
Phone: +1 (424) 280-4096
Email: [email protected]

SOURCE: Green Stream Holdings Inc.

Website: https://greensolarutility.com
Instagram: chucksvintage original
Phone: +1 (646) 669-7007

Drive to increase awareness of engineering ethics

Engineering Ethics 2028 describes a proposed new ethical framework for the profession and how it can be introduced over the next nine years. It says the fundamental duty of an engineer should be to serve the public interest.

The vision was developed by ethicists at the University of Leeds.

One of the big issues, though, is that the majority of engineers, around three million people, are not affiliated with a professional engineering institution, and fall outside of any professional oversight.

“More than ever [engineers] need to consider the interests of the public in the work they do.” ~ Dr Jim Baxter, Inter-Disciplinary Ethics Applied Centre

The vision states: “…the majority of engineers are currently outside the scope of the profession’s efforts to improve or maintain their competence…or to engage them in the work of the PEIs (Professional Engineering Institutions) and RAEng (Royal Academy of Engineering) which includes public engagement on ethical issues…”

Dr Jim Baxter, from the Inter-Disciplinary Ethics Applied Centre at the University of Leeds who authored the vision, said: “Engineers who are not members of a professional institutions are not necessarily ignoring their ethical and professional responsibilities but being part of a professional body strengthens the likelihood that those obligations will be met.

“Engineering Ethics 2028 has to be set against the context of rapid technological change, and that change will have an impact on all our lives.

“The people who are key to inventing, designing and building this technology are engineers.

“More than ever, they need to consider the interests of the public in the work that they do.”

Have your say

Do you want to comment on Engineering Ethics 2028? By clicking on the link, you can read the vision and have your say on its contents.

Dr Baxter added: “Engineers have the power to do tremendous good but technology can also be harmful. The ethics vision, if the profession adopts it, will ensure they think about public opinion and the public good – and in some cases, they might have to say ‘no’ to a project.”

Engineering Ethics 2028 was drawn-up following discussion with leaders from the engineering profession, including the Royal Academy of Engineering (RAEng), the Engineering Professors’ Council and Engineers Without Borders UK.

The vision builds on work that started back in 2003 by the RAEng to define the ethical values underlying engineering work. Two years later, the RAEng and Engineering Council jointly published their Statement of Ethical Principles.

Those principles were ground-breaking in that they said everyone involved in engineering was “…required to maintain and promote high ethical standards and challenge unethical behaviour.”

There was also an expectation that engineers should keep their knowledge up to date and “…hold paramount the health and safety of others and draw attention to hazards.”

But in 2016, a major review into the structure of UK engineering was undertaken by John Uff QC. He quoted estimates that only 15% of engineers, around one in six, were members of a professional body.

Ethical vision

The proposed vision says efforts need to be targeted at bringing more engineers “…within the boundaries of the profession.”

The recent inquiry chaired by the engineer Dame Judith Hackitt into building regulations, established after the Grenfell Tower fire in 2017, identified a lack of any formal process to validate the skills of people involved in the management of high-rise buildings as a major flaw in the regulatory system.

Engineering Ethics 2028 suggests that the profession needs to:

  • Increase the number of engineers who are registered with a professional engineering institution and thereby bring them within the scope of professional conduct.
  • Promote a greater recognition by engineers that ethics is a fundamental part of their work.
  • Ensure engineers are aware of the impact technological innovations will have on society and that projects maximise public benefits and minimise risks.
  • To work sustainably.

Engineering Ethics 2028 was drawn up following discussions with the Engineering Council, the Royal Academy of Engineering, the Engineering Professors’ Council and Engineers without Borders UK.

Engineers and engineering organisations can comment on the consultation up to January 25th 2020.

Industry predictions: Engineering, Construction and Infrastructure

2019 will see a digital leap forward as many construction companies explore implementing integrated business software into projects for the very first time.

Tighter margins, global skills shortages and new industry entrants are all ramping up the pressure on traditional construction businesses to deliver greater productivity and more integrated, cost-efficient projects, on time, every time.

1. Prediction

50% of all construction projects worldwide will include modular content by 2022, driven by the growing global skills shortage.

In March 2018, a new factory opened outside Liverpool, England employing 150 people 24 hours a day. What does it manufacture? Homes—starting with a first order of 81 homes and 58 apartments, as part of a first-year target of 450 homes. And it’s just one among many. At IFS, in 2018 we had four times greater customer activity around modular construction than in any previous year.

From schools in Ireland to prisons and hospitals in the United States; from sustainable luxury apartments to vast workers’ dormitories, 2018 has seen modular construction go well beyond hype. In 2019 it will get even stronger, with housing shortages a key driver. The UN estimates that over 2 billion new homes will need to be built over the next two years. Modular manufacturing enables affordable houses to be built faster and at higher volume. Driven by a worldwide shortage in skills and housing, increased modular construction will impact the construction industry massively in 2019.

New entrants will make agility even more essential.

For a start, we’re already seeing a wave of new entrants coming into the industry. Take that modular housing factory in Liverpool. Neither of the two founders came from the construction industry. One, Luke Barnes, was a design engineer, his partner a software engineer. Barnes told reporters: “I found there was a big gap in the market as there were no constructors that offered the quality, deliverability and competitive pricing I was searching for.”

2019 will see growing numbers of traditional construction companies begin opening modular factories to stay competitive. And more new players enter the industry—from manufacturing, supply chain and logistics, to local governments, banks and insurance companies. Many will be able to offer flexible finance and service packages too.

The pressure on incumbent building firms to adapt will be huge. They’ll need tighter control and more adaptability over every aspect of their projects. Proving they can, if necessary, partner up with larger networks of suppliers, offer services and maintenance on assets once built, include equipment hire, and yes, even offer or manufacture some modular units or components. It all adds up to an urgent need for better, more integrated digital management of complex, demanding projects. That need is driving my second industry prediction.

2. Prediction

In 2019 more construction companies than ever before will start trying out integrated business software – for the very first time.

10% of traditional construction firms could go out of business over the next 5 years. Competition around delivery and productivity will be fierce. Many companies will find themselves balanced on a knife-edge of opportunity: On the one hand growing urban populations and housing shortages will mean more demand and higher order intake. On the other, shrinking profit margins and increased competition will mean unprecedented pressure on productivity and delivery.

As a result, 2019 will see more firms moving from being document-driven to data-driven. Many will take their first steps into digital and make their first investments in integrated business systems like Enterprise Resource Planning, or ERP. Two main drivers will turn integrated business systems like ERP from a nice-to-have into a need-to-have.

When less is more: Growing pressure on margins.

With profit margins as tight as they are, many construction firms feel as if the more business they bring in—the less money they make. A recent Deloitte report found that construction companies’ profit margins are under pressure in several European submarkets, with Western Europe particularly vulnerable. In the UK, Belgium, the Netherlands and Ireland profit margins are so narrow they may not even be offset by higher order intake. 31% of the UK’s largest contractors reported a fall in margins in November 2017, with the country’s largest 10 contractors having a negative average margin of -0.5%.

New entrants: China, Korea… and Amazon?

Global competition is growing powerfully, impacting European construction companies hard. The Engineering News Record’s Top 100 Global Contractors In for 2017 found that European firms made up only 23% of the world’s Top 100 Global Contractors in 2017.

In 2010, 44% had been European. Compare that to Asia, which rose from 41% in 2010 to 51% in 2017, and the big picture is clear. Most analysts predict that China, India and the US will all be winners in the forecasted 8 trillion USD growth expected in construction by 2030—but not Europe.

Companies like China Communications Construction, Hyundai Engineering & Construction and Samsung C&T represent a serious threat to large European incumbents. Taken by revenue alone, even by 2017 the Top Four and seven out of the world’s Top Ten largest construction companies were all Chinese.

With many able to offer highly competitive and flexible financing packages. As we’ve seen, the rise in modular is bringing in new entrants from the manufacturing, supply chain and software engineering sectors. And given all this, who knows, could even digital giants like Amazon or Uber one day see construction as a sector ripe for disruption? If so, who’d put money on the industry in its present state surviving the challenge?

The bottom line is that many construction companies are highly exposed. In 2018, we saw huge ongoing efforts to drive efficiencies, increase productivity and establish repeatable delivery. In 2019, the pressure will be even more intense. The need for adaptability has never been more urgent. 2019 will be the year when many companies finally start considering systems like ERP not as isolated back-office finance functions essential, joined-up systems that provide urgent coherence, speed and efficiency throughout a project or business. 2019 could be the year when construction takes a giant leap forward, embracing digital adoption.

3. Prediction

Digital asset life cycle management, integrating both BIM and ERP, will emerge as a future need-to-have.

The collapse of Carillion, one of the UK’s largest construction giants, sent shockwaves through the construction industry. The company built and maintained major assets such as schools, prisons, hospitals and power stations across the UK—before collapsing 1.7 billion euros in debt, overnight, in January 2018. While analysts have endlessly debated how and why, insiders point to many systemic faults.

Certainly, in a company that size, spread over that many projects, it seems fair to say that without a central, integrated business system it would be all too easy for senior management to get a full picture of the truth. For the truth to be hidden. And for projects to be kept separate and siloed, financially and operationally.

Central to ERP’s power for construction companies is its ability to connect and integrate all functions in a project—from finance to operations to design—enabling maximum adaptability. I’ve always argued that Building Information Modelling (BIM) will be a driver of digital asset life cycle management and integration. BIM is an integral part of moving from a document-driven to data-driven world. In 2019, I believe we’ll see the first construction companies take their first steps into discussing how to merge and build on the strengths of combining the two systems: BIM and ERP.

Many firms have now started to integrate BIM models into their business. But building BIM on its own without an integrated business system, is only a small part of the picture. As a business system, ERP takes all the functions of the business and provides it with one set of data, enabling it to flow through a project’s life cycle all the way from inception to disposal, and enabling any combination of service or asset management in between.

For manufacturers, integrating ERP as a whole business system, rather than a single financial tool, is old news. They’ve been successfully integrating CAD with ERP for years. However, for many companies in the construction industry, that journey remains to be made. But 2019 will see many taking their first, vital steps.