Written by: Leonard Parker | Solar News | 14th July
The campus of Christ the King High School in Queens, New York will soon feature 1.53-MW of photovoltaic solar thanks to financing from Green Stream Holdings. The project was announced following a partnership with the state’s community solar program.
“We are honored to have the opportunity to work with the State of New York in such an important and impactful initiative,” said James DiPrima, CEO of Green Stream. “This accomplishes so many things at once in terms of benefit to the school, the community and, ultimately, the planet, in line with the advent of an unprecedented increase in such programs. We’re thrilled to offer shareholders an additional revenue stream alongside a burgeoning increase in opportunities for Green Stream in the tri-state area and beyond.”
Christ the King High School is an independent, coeducational Catholic High School with a four-year college preparatory curriculum. Located in Middle Village, Queens, Christ the King School draws students from all areas. The school is accredited by The Board of Regents of the State of New York and the Middle States Association of Colleges and Secondary Schools.
“Community solar benefits from many of the trends driving low-carbon transition, including the increasing environmental consciousness of consumers as well as a regulatory landscape facilitating the decentralization of the energy market to improve overall reliability,”
Community solar programs in New York enable utility customers to reduce their electric costs by subscribing to a solar project in their community and virtually offsetting their bills with renewable energy. It also enables owners of large properties to generate revenue by hosting a community solar project on their rooftop, parking lot, or open space.
News item from Green Stream Finance