Energia
Why Community Solar Farms Are A New and Lucrative Revenue Opportunity For Solar Companies
(OTCPK:GSFI) : Green Stream Holdings Inc. ("the Company") (http://www.GreenRainSolar.com ), an emerging leader in the solar utility and finance space, today, announced the survey for a 5th feasibility study site at 565 Blossom Road in Rochester, NY . The property owner of this fifth host site has signed an agreement. This new community solar host site encompasses a 350 thousand square foot roof array.
As previously announced, Green Stream Holdings engaged 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.
KMB was hired to conduct solar feasibility studies for locations in the State of New York. Their studies 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. https://www.financialnewsmedia.com/news-gsfi/
(NASDAQ: ISUN) a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services, and SolarCommunities Inc ("SunCommon") recently announced that they have entered into a definitive agreement pursuant to which a subsidiary of iSun will acquire SunCommon, in a combination of cash and shares of Common Stock.
HIGHLIGHTS WERE: Creates a regional full-service solar installation leader servicing the residential, commercial, industrial and utility-scale markets including solar electric vehicle charging; Positions combined company to effectively capitalize on emerging opportunities in the residential and small commercial landscape; Leverages brand and marketing expertise of SunCommon to effectively grow presence and message in new regional markets; Transaction consideration includes $24,034,621 in cash and $15,965,379 in stock; provides $2.5 million of the consideration directly to SunCommon employees, establishes a stock ownership plan for all iSun employees, and a $1.5 million working capital infusion; Anticipated to be accretive to iSun by doubling projected revenue for 2021; and Alignment of software, shared services and vendor base will enable synergies with expected $1.25 million in savings in year-1 and provide opportunities to reduce customer acquisition costs across all business segments.
(NASDAQ: FSLR) has recently invested $11 million in efforts to revitalize American communities and bridge racial gaps in health, wealth, and opportunity. As part of the initiative, the company has purchased $10 million in Impact Notes from the Local Initiatives Support Corporation and made a $1 million Transformational Deposit in the HOPE Credit Union.
"LISC and Hope Credit Union are doing a tremendous job at addressing inequality and, as America's solar company, we're proud to be supporting their mission. By working with companies like ours to reallocate cash holdings, they're creating capital for underserved communities and powering sustainable and inclusive economic change," said Mark Widmar , chief executive officer, First Solar. "We hope that these investments, which are in line with our commitment to socially- and environmentally-responsible solar, will help communities across America."
(NASDAQ: SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, recently announced that it has signed an agreement with CBG Building Company to provide a 752.4kW carport solar system for Orchard Park , a 1,549-bed student housing project on the University of California, Davis (UC Davis) campus.
" California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris , Chief Executive Officer of Sunworks. "The University of California system is an active participant in that effort. Utilizing the real estate and supporting infrastructure of the project, such as covered parking structures, to deploy solar fixtures is a great way to reduce energy costs and enable the generation of clean, renewable power. Sunworks is an expert in the design, deployment, and integration of solar energy generating systems and we are excited to work with CBG Building Company and the entire Orchard Park Team on this important project."
High profile grid failures, power outages and mounting electricity bills are driving many U.S. homeowners to strongly consider and purchase solar with attached storage, according to a new survey released recently by (NASDAQ: SPWR). The 2021 SunPower Energy Sense Index surveyed 1,500 homeowners in the U.S. to better understand their home energy experience, industry knowledge, and the factors motivating them to consider renewable energy. Read it by clicking here: https://finance.yahoo.com/news/blackouts-rising-electricity-bills-driving-130000938.html
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