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4 일 전
The Now Corporation (OTC: NWPN) Reduces Debt by $5 Million in Exchange for Off-Road EV Design and Announces Website Revamp
Key Points:
Financial Strength & Debt Reduction
Debt Reduction of $5 Million: The Now Corporation (OTC: NWPN) has significantly improved its financial position by reducing $5 million in convertible debt.
Strategic Agreement with Medican Enterprises Inc.: Debt was exchanged for the research, development, and design of an advanced off-road electric vehicle.
Off-Road EV Innovation
Cutting-Edge Electric Vehicle Development: The new EV will feature a quad-motor configuration, solid-state battery technology, adjustable air suspension (24 inches of clearance), and superior off-road capabilities.
Green Rain Solar’s Expertise: The Now Corporation’s subsidiary, Green Rain Solar Inc., will lead the R&D, leveraging its strength in renewable energy and battery management.
Profit-Sharing Partnership
50/50 Revenue Split: Medican Enterprises Inc. retains ownership of the brand and IP, while The Now Corporation leads development. Net profits from commercial sales will be split evenly.
Corporate Digital Expansion
Website Revamp & Enhanced Online Presence: The Now Corporation is launching a fully redesigned corporate website (www.greenrainenergy.com) within 24 hours to provide investors and stakeholders with streamlined access to company updates.
Strategic Vision & Industry Impact
Commitment to Renewable Energy & EV Technologies: The Now Corporation aims to revolutionize off-road EVs by integrating solar-powered innovations and sustainable energy solutions through Green Rain Solar.
Market Leadership in Urban & Grid-Connected Solar Solutions: The company specializes in urban rooftop solar installations and advanced battery storage for high-energy-cost regions.
PASADENA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Now Corporation (OTC: NWPN) (“Now” or the “Company”) is pleased to announce a significant improvement in its financial position by reducing its outstanding debt by $5 million. This milestone has been achieved through a strategic agreement with Medican Enterprises Inc. (“Medican”), further strengthening the Company’s commitment to innovation in the renewable energy and electric vehicle (EV) sectors.
Under the terms of the agreement, The Now Corporation has exchanged $5 million of convertible debt in consideration for the research, development, and design of an advanced off-road electric vehicle. This cutting-edge EV is being engineered to surpass current market offerings, featuring a quad-motor configuration, solid-state battery technology, an adjustable air suspension system with up to 24 inches of clearance, and superior off-road capabilities designed for extreme terrains.
Green Rain Solar: Powering the Future of EV Innovation
The Now Corporation, through its wholly owned subsidiary Green Rain Solar Inc., possesses the technical expertise and experienced engineering team necessary to complete the design of this state-of-the-art off-road EV. Green Rain Solar is an industry leader in sustainable energy solutions, specializing in solar-powered innovations and energy grid integration. The subsidiary’s deep-rooted knowledge in advanced energy storage, battery management systems, and renewable power applications positions The Now Corporation as a formidable player in the electric mobility space.
“The completion of this agreement strengthens our balance sheet while positioning The Now Corporation as an innovator in the off-road EV market,” said Alfredo Papadakis, CEO of The Now Corporation. “Through our subsidiary Green Rain Solar, we have assembled a world-class team with the expertise to bring this revolutionary vehicle to life. This project represents a bold step toward integrating cutting-edge electric vehicle technology with sustainable energy solutions.”
As part of the agreement, Medican Enterprises Inc. will retain full ownership of the EV’s brand, intellectual property, and proprietary technologies, while The Now Corporation, through Green Rain Solar, will lead the research and development efforts necessary to complete the vehicle’s design.
Profit-Sharing Agreement:
Once the off-road EV is fully developed, produced, and commercially sold, all net profits will be equally divided (50%/50%) between The Now Corporation and Medican Enterprises Inc.. This profit-sharing structure ensures that both parties benefit from the success of the vehicle while reinforcing The Now Corporation’s commitment to long-term value creation.
Corporate Website Revamp: New Online Presence Goes Live
In addition to this major debt reduction and development initiative, The Now Corporation is excited to announce the full revamp of its corporate website, www.greenrainenergy.com. The newly designed website will provide investors, stakeholders, and customers with enhanced access to information about the Company’s projects, ongoing developments, and strategic vision. The website is scheduled to go live within the next 24 hours.
A Strong Future for The Now Corporation
The Now Corporation remains committed to pioneering advancements in renewable energy and electric vehicle technologies. The Company believes that leveraging its expertise through Green Rain Solar will allow it to set new industry standards for sustainable off-road transportation. Additional updates on the EV project and other strategic initiatives will be provided as developments progress.
About The Now Corporation:
The Now Corporation (OTC: NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.:
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC: NWPN), is a solar energy utility company specializing in urban solar energy and grid integration. The company develops innovative rooftop solar projects to transform sunlight into grid-connected power, promoting sustainable energy solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
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Source: Now Corporation (The)
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https://www.otcmarkets.com/stock/NWPN/news/story?e&id=3137635
Chartmaster
2 주 전
The Now Corporation (OTC:NWPN) Utilizing Its Subsidiary, Green Rain Solar Inc., Signing Up Host Sites for New York State Community Solar ProgramPress Release | 02/06/2025
Pasadena, California. February 6th, 2025. The Now Corporation (OTC: NWPN) (âÂ?Â?the CompanyâÂ?Â),
through its subsidiary Green Rain Solar Inc., an emerging leader in the solar utility and finance
space, is actively securing host sites for the New York State Community Solar Program. The
Company is prioritizing economically suitable locations in Upstate New York for future
community solar sites, ensuring maximum efficiency and sustainability.
Community Solar Is a New York State Shared Solar Program That Offers All Utility Customers the
Opportunity to Switch to Solar at No Cost, With Nothing on Their Roof or Property, and Receive
Immediate Savings on Their Electric Bill.
A Community Solar Program consists of one central solar array (rooftop, field, carports, etc.),
which is virtually connected to ten or more �subscribers.�The energy produced by the array
offsets the utility bills of subscribers who cannot install solar panels on their property due to
factors such as:
Lack of roof space or shaded roof space
Older roof or incompatible roofing material
Condo/co-op board restrictions
Municipal zoning prohibitions on solar technology
Host Sites are established with property owners who have the available space, allowing nearby
homeowners and businesses without solar access to benefit from electricity savings generated
by the host site�s solar array.
Green Rain Solar Inc. has been collaborating with New York State agencies, including the Public
Service Commission (PSC), NYSERDA, and the Governor�s Office, for the past decade, advocating
for Community Solar legislation. Through its consulting division, Green Rain Solar has partnered
with top shared solar providers, ensuring a seamless transition for individual customers to
enjoy automatic monthly savings.
CEO Statement
Alfredo Papadakis, CEO of The Now Corporation, stated:
�The New York Community Solar Program is available to all utility customers...residential, business, nonprofit, and renters. Participants enjoy:
No equipment on their home or office building
$0 upfront cost and $0 ongoing costs�ever
Instant 15% to 25% savings on their electric bill
25+ years of savings
Portability�move within the same utility zone and keep your savings
Optimally located, fully maintained solar arrays for maximum power generation
Internet and smartphone monitoring to track performance and savingsâÂ?Â
He continued:
�A solar farm is built on a host site rooftop or ground-mounted location within a utility zone.
The system connects directly to the utility grid, bypassing any on-site meters. The generated
power is credited to individual utility customers at zero cost, providing instant savings that
remain on their utility bills for 20+ years.âÂ?Â
The Now Corporation, through Green Rain Solar Inc., is actively seeking economically suitable
host sites in Upstate New York to expand its Community Solar Program and bring renewable
energy savings to a wider audience.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Utilizing-Its-Subsidiary-Green-Rain-Solar-Inc-Signing-Up-Host-Sites-for-New-York-State-Commu?id=466880
Chartmaster
2 주 전
The Now Corporation (OTC:NWPN) Expands Solar Initiative to Southern CaliforniaPress Release | 02/05/2025
Pasadena, California February 5 th , 2025 The Now Corporation (OTC: NWPN), through its
subsidiary Green Rain Solar Inc., is expanding its urban solar energy initiatives to Southern
California. Building on experience gained from its East Coast partnerships, the company aims to
refine solar panel design concepts to enhance practicality and reduce costs for widespread
adoption.
Green Rain Solar Inc. specializes in urban solar energy solutions and grid integration, focusing
on high-cost energy urban locations. By leveraging advanced solar design and development
strategies, The Now Corporation seeks to optimize energy efficiency and bring innovative
solutions to the Southern California market.
Our goal is to take the lessons learned from our East Coast partnerships and apply them to
solar panel designs in Southern California, said Alfredo Papadakis, CEO of The Now
Corporation. We believe these innovations will make solar energy more practical and cost-
effective for urban and commercial applications.
With this expansion, The Now Corporation reinforces its commitment to sustainable energy
solutions, driving forward solar adoption in key metropolitan areas.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean
energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar
focuses on urban rooftop solar installations and grid-connected power solutions,
targeting markets with high energy costs. By combining state-of-the-art solar and
battery technologies, The Now Corporation is dedicated to driving
innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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. This includes the possibility
that the business outlined in this press release may not be concluded due to unforeseen
technical, installation, permitting, or other challenges. Such forward-looking
statements involve risks, uncertainties, and other factors that may cause the actual
results, performance, or achievements of The Now Corporation to differ materially
from those expressed herein. Except as required under U.S. federal securities laws,
The Now Corporation undertakes no obligation to publicly update any forward-looking
statements as a result of new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Expands-Solar-Initiative-to-Southern-California?id=466808
Chartmaster
2 주 전
The Now Corporation (OTC:NWPN) Announces Green Rain Solar as Its Flagship Brand for Solar Energy Expansion and Global Renewable Energy InitiativesPress Release | 02/04/2025
Pasadena, California � February 4th, 2025 � The Now Corporation (OTC:NWPN) is pleased to
announce that all company efforts in the solar energy sector will be marketed through its
flagship brand, Green Rain Solar Inc.
Green Rain Solar Inc. specializes in urban solar energy and grid integration, targeting high-cost
energy locations nationwide. The company is dedicated to transforming underutilized rooftop
spaces into revenue-generating solar assets while enhancing energy sustainability in urban
centers.
�Green Rain Solar is the face of our renewable energy initiatives and will drive our mission to
provide sustainable and efficient solar solutions in underserved markets,�stated Alfredo
Papadakis, CEO of The Now Corporation.
The company is currently licensed and operating in key solar markets, including California,
Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado,
and Hawaii.
Through innovative leasing agreements, next-generation battery storage, and Power Purchase
Agreements (PPAs), Green Rain Solar offers customers a streamlined, cost-effective transition
to solar energy. By structuring agreements that enable immediate savings, the company
ensures that clients benefit from lower energy costs while contributing to a greener future.
In addition, Green Rain Solar is positioned to finance large-scale solar infrastructure projects,
including partnerships with municipal organizations and nonprofit institutions. In its first year,
the company plans to allocate over $5,000,000 toward financing Power Purchase Agreements,
with an expected 12% return on investment through energy sales to schools and government
buildings in major metropolitan areas.
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean
energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar
focuses on urban rooftop solar installations and grid-connected power solutions,
targeting markets with high energy costs. By combining state-of-the-art solar and
battery technologies, The Now Corporation is dedicated to driving
innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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. This includes the possibility
that the business outlined in this press release may not be concluded due to unforeseen
technical, installation, permitting, or other challenges. Such forward-looking
statements involve risks, uncertainties, and other factors that may cause the actual
results, performance, or achievements of The Now Corporation to differ materially
from those expressed herein. Except as required under U.S. federal securities laws,
The Now Corporation undertakes no obligation to publicly update any forward-looking
statements as a result of new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Announces-Green-Rain-Solar-as-Its-Flagship-Brand-for-Solar-Energy-Expansion-and-Global-Renew?id=466544
Chartmaster
2 주 전
The Now Corporation (OTC:NWPN) Expands EV Charging Network with Green Rain Solar Inc. at 4290 Austin Blvd, Island Park, NYPress Release | 01/31/2025
Pasadena, California January 31, 2025 The Now Corporation (OTC:NWPN), through its
subsidiary Green Rain Solar Inc., proudly announces the completion of its feasibility study for a
cutting-edge Level 3 EV fast-charging station at 4290 Austin Blvd, Island Park, NY. This
development marks a significant step in addressing Long Islands urgent need for high-speed EV
charging infrastructure.
Fast Charging for a Fast-Growing Market
Long Island, particularly Island Park and surrounding townships, has long been underserved by
EV fast-charging solutions. With the increasing adoption of electric vehicles (EVs), drivers need
more reliable and accessible charging options. Our new facility will feature two high-capacity
Level 3 DC fast chargers, significantly reducing charge times and supporting the regions
transition to sustainable transportation.
Strategic Expansion in Key Locations
The upcoming Island Park charging site shares ownership with North Bergen and Bellport, NY,
reinforcing our strategy of targeting key high-traffic areas lacking sufficient charging
infrastructure. This initiative directly supports state and federal goals for expanding EV
accessibility and reducing carbon emissions.
Why Island Park?
Charging Desert The region lacks sufficient Level 3 fast-charging stations,
creating range anxiety for EV owners.
High Traffic Zone Located in a commuter-heavy corridor, ensuring maximum
utilization.
Renewable Integration Green Rain Solars expertise in solar energy and grid
integration will enable sustainable energy solutions for EV charging.
Project Highlights
Site Address: 4290 Austin Blvd, Island Park, NY
EV Chargers: Two (2) Level 3 DC fast chargers (200 kW each)
Utility Upgrades: New transformer pad and dedicated electrical infrastructure
Sustainable Power: Integration with renewable energy sources through Green
Rain Solar Inc.
The Future of EV Charging in Long Island
According to Newsday, Long Islands EV infrastructure remains underdeveloped, with many
areas still lacking fast-charging stations (Read More). The Now Corporation aims to bridge this
gap with a network of high-speed, solar-integrated charging hubs.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean
energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar
focuses on urban rooftop solar installations and grid-connected power solutions,
targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving
innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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.
This includes the possibility that the business outlined in this press release may
not be concluded due to unforeseen technical, installation, permitting, or other
challenges. Such forward-looking statements involve risks, uncertainties, and
other factors that may cause the actual results, performance, or achievements of
The Now Corporation to differ materially from those expressed herein. Except
as required under U.S. federal securities laws, The Now Corporation undertakes
no obligation to publicly update any forward-looking statements as a result of
new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Expands-EV-Charging-Network-with-Green-Rain-Solar-Inc-at-4290-Austin-Blvd-Island-Park-NY?id=466320
Chartmaster
3 주 전
The Now Corporation’s (OTC:NWPN) Green Rain Solar Inc. Completes Feasibility Study for Level 3 EV Chargers in Bellport, NY, in Collaboration with PSEG Long IslandPress Release | 01/30/2025
Pasadena, California January 30, 2025 The Now Corporation (OTC: NWPN) through its
subsidiary Green Rain Solar Inc., is pleased to announce the successful completion of a
feasibility study for the installation of Level 3 electric vehicle (EV) chargers at 607 Station Road,
Bellport, NY. This initiative is part of the companys broader strategy to advance sustainable
energy infrastructure in urban and underserved communities.
The Bellport project aligns with Green Rain Solars mission to integrate renewable energy
solutions into high-demand areas, reducing dependence on fossil fuels while increasing
accessibility to fast-charging stations. The site, located in a disadvantaged community, will
benefit from the support of PSEG Long Island, a key utility provider dedicated to improving
energy resilience and sustainability.
We are committed to deploying advanced EV charging solutions in locations where they can
have the greatest impact, said Alfredo Papadakis, CEO of The Now Corporation. By leveraging
our expertise in solar energy and grid integration, we aim to transform urban landscapes into
clean energy hubs, ensuring equitable access to the infrastructure necessary for the growing EV
market.
With the feasibility study completed, Green Rain Solar Inc. will proceed with the next steps in
permitting, engineering, and utility coordination to bring this project to fruition. The
collaboration with PSEG Long Island underscores The Now Corporations commitment to public-
private partnerships that drive the energy transition forward.
Further updates will be provided as the project advances.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean
energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar
focuses on urban rooftop solar installations and grid-connected power solutions,
targeting markets with high energy costs. By combining state-of-the-art solar
and battery technologies, The Now Corporation is dedicated to driving
innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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.
This includes the possibility that the business outlined in this press release may
not be concluded due to unforeseen technical, installation, permitting, or other
challenges. Such forward-looking statements involve risks, uncertainties, and
other factors that may cause the actual results, performance, or achievements of
The Now Corporation to differ materially from those expressed herein. Except
as required under U.S. federal securities laws, The Now Corporation undertakes
no obligation to publicly update any forward-looking statements as a result of
new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporations-OTCNWPN-Green-Rain-Solar-Inc-Completes-Feasibility-Study-for-Level-3-EV-Chargers-in-Bellport-NY-in-?id=466185
Chartmaster
3 주 전
The Now Corporation (OTC:NWPN) Announces Project Development for Electric Vehicle Charging Station in North Bergen, NJPress Release | 01/29/2025
The Now Corporation (OTC: NWPN) is proud to announce the development of an advanced
electric vehicle (EV) charging station at 8012 Tonnelle Avenue, a BP-branded gas station in
North Bergen, New Jersey. This transformative project is led by its renewable energy
subsidiary, Green Rain Solar Inc., in collaboration with PSE&G New Jersey, and will serve as
a key step in integrating clean energy and urban grid connectivity.
Project Overview
The EV charging station at 8012 Tonnelle Avenue will feature state-of-the-art charging
technology, providing fast and efficient service for electric vehicle owners. This project is
designed to support the growing demand for sustainable transportation solutions in urban
areas.
Key Features
� � Two Tellus Level 3 DC Fast Charging Stations (Model: TP-EVPD-240kW) by Charge
Tronixs, offering a maximum output of 240 kW, liquid-cooled cables, credit card
payment options, and efficiency exceeding 94%.� � Fully engineered design with completed interconnection studies approved by PSE&G, ready for construction in Spring 2025.
� � Seamless integration into a 480V 3-phase system, meeting all New Jersey Building and
Fire Code regulations.
The North Bergen charging station aligns with Green Rain Solar�s mission to transform
urban rooftops and underutilized spaces into clean energy hubs. The company is positioned to lead the next wave of renewable energy solutions by leveraging local partnerships and integrating innovative EV infrastructure.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean
energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar
focuses on urban rooftop solar installations and grid-connected power solutions,
targeting markets with high energy costs. By combining state-of-the-art solar
and battery technologies, The Now Corporation is dedicated to driving
innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN),
is a solar energy utility company specializing in urban solar energy and grid
integration. The company develops innovative rooftop solar projects to
transform sunlight into grid-connected power, promoting sustainable energy
solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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.
This includes the possibility that the business outlined in this press release may
not be concluded due to unforeseen technical, installation, permitting, or other
challenges. Such forward-looking statements involve risks, uncertainties, and
other factors that may cause the actual results, performance, or achievements of
The Now Corporation to differ materially from those expressed herein. Except
as required under U.S. federal securities laws, The Now Corporation undertakes
no obligation to publicly update any forward-looking statements as a result of
new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Announces-Project-Development-for-Electric-Vehicle-Charging-Station-in-North-Bergen-NJ?id=465990
Chartmaster
3 주 전
The Now Corporation (OTC:NWPN), Utilizing Its Subsidiary Green Rain Solar Inc., Advances EV Infrastructure in Rochester, NYPress Release | 01/28/2025
PASADENA, CA / ACCESS Newswire / January 28, 2025 / The Now Corporation, through its renewable energy subsidiary Green Rain Solar Inc., is making significant progress in enhancing electric vehicle (EV) infrastructure in disadvantaged communities across the United States. The company is pleased to announce that it has completed a utility feasibility study for its flagship project at 1600 West Ridge Road in Rochester, New York, clearing the way to move forward with installation plans.
This project aligns with the Inflation Reduction Act, which prioritizes investments in underserved areas by offering substantial tax credits for clean energy initiatives. Leveraging the Rochester Gas and Electric (RG&E) Make-Ready Program, Green Rain Solar Inc. will install Level 3 fast chargers at the site. This program significantly offsets the cost of electrical infrastructure, making EV charging projects more accessible and financially sustainable.
As part of The Now Corporation's broader mission, this initiative aims to reduce greenhouse gas emissions, improve air quality, and address health issues such as asthma that disproportionately affect disadvantaged communities. The 1600 West Ridge Road project will serve as a model for future efforts to expand clean transportation options and sustainable energy solutions nationwide.
The Now Corporation and Green Rain Solar Inc. remain committed to utilizing state and federal incentives to create impactful, community-focused EV infrastructure. This Rochester project represents an important step in advancing cleaner transportation, promoting public health, and supporting a sustainable future.
About The Now Corporation
The Now Corporation (OTC PINK:NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector.
About Green Rain Solar Inc.
Green Rain Solar Inc., a subsidiary of The Now Corporation (OTC PINK:NWPN), is a solar energy utility company specializing in urban solar energy and grid integration. The company develops innovative rooftop solar projects to transform sunlight into grid-connected power, promoting sustainable energy solutions for high-cost urban areas.
Legal Notice Regarding 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 harbor 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. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com
SOURCE: The Now Corp.
View the original press release on ACCESS Newswire
https://www.otcmarkets.com/stock/NWPN/news/The-Now-Corporation-OTCNWPN-Utilizing-Its-Subsidiary-Green-Rain-Solar-Inc-Advances-EV-Infrastructure-in-Rochester-NY?id=465865
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