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Green Rain Energy Holdings Inc. (OTC:GREH) Management Says Its Focused On Capturing Significant Part Of California's Estimated 5 Year $50 Billion Dollar Next Clean Energy Wave

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Green Rain Energy Holdings (OTC:GREH) has announced its strategic focus on capturing a significant portion of California's projected $50 billion clean energy market over the next 5 years. The company's initiative comes amid forecasts of California gas prices potentially reaching $8.44 per gallon by 2026 due to the planned closure of two refineries representing one-fifth of the state's refining capacity.

The company plans to leverage California's newly announced $55 million incentive program for EV fast charger installations. CEO Alfredo Papadakis indicated that Green Rain expects to announce its first wave of post-tax-credit California projects in the coming quarter, with additional sites under evaluation for 2025-2026 development.

Green Rain Energy Holdings (OTC:GREH) ha annunciato la propria strategia mirata a conquistare una quota significativa del previsto mercato californiano delle energie pulite da 50 miliardi di dollari nei prossimi 5 anni. L'iniziativa arriva in un contesto di previsioni che stimano i prezzi della benzina in California fino a $8,44 al gallone entro il 2026, a causa della chiusura programmata di due raffinerie che rappresentano un quinto della capacità di raffinazione dello Stato.

La società intende sfruttare il neoannunciato programma di incentivi da 55 milioni di dollari per l'installazione di caricabatterie rapidi per veicoli elettrici. Il CEO Alfredo Papadakis ha dichiarato che Green Rain prevede di annunciare il primo ciclo di progetti californiani dopo i crediti d'imposta nel prossimo trimestre, con ulteriori siti in valutazione per lo sviluppo tra il 2025 e il 2026.

Green Rain Energy Holdings (OTC:GREH) ha anunciado su enfoque estratégico para captar una porción significativa del estimado mercado californiano de energía limpia de 50.000 millones de dólares durante los próximos 5 años. La iniciativa de la compañía surge en medio de previsiones que sitúan los precios de la gasolina en California hasta $8,44 por galón para 2026, debido al cierre previsto de dos refinerías que representan una quinta parte de la capacidad de refinación del estado.

La empresa planea aprovechar el recientemente anunciado programa de incentivos de 55 millones de dólares para la instalación de cargadores rápidos para vehículos eléctricos. El CEO Alfredo Papadakis indicó que Green Rain espera anunciar su primera ola de proyectos en California tras los créditos fiscales en el próximo trimestre, con sitios adicionales en evaluación para desarrollo en 2025-2026.

Green Rain Energy Holdings (OTC:GREH)는 향후 5년간 캘리포니아의 예상 500억 달러 규모의 청정 에너지 시장에서 상당한 점유율을 확보하는 데 전략적 초점을 둘 것이라고 발표했습니다. 이 계획은 주 정제 용량의 5분의 1을 차지하는 두 개 정유소의 폐쇄 예정으로 인해 캘리포니아의 휘발유 가격이 2026년까지 갤런당 $8.44에 달할 수 있다는 전망이 나오는 가운데 발표되었습니다.

회사는 전기차 급속 충전기 설치를 위한 새로 발표된 5,500만 달러 인센티브 프로그램을 활용할 계획입니다. CEO 알프레도 파파다키스는 Green Rain이 세액 공제 적용 후 첫 캘리포니아 프로젝트 군을 다음 분기에 발표할 것으로 기대하며, 2025~2026년 개발을 위해 추가 부지도 검토 중이라고 밝혔습니다.

Green Rain Energy Holdings (OTC:GREH) a annoncé son objectif stratégique de capter une part significative du marché californien de l'énergie propre estimé à 50 milliards de dollars au cours des cinq prochaines années. L'initiative intervient alors que des prévisions indiquent que le prix de l'essence en Californie pourrait atteindre 8,44 $ le gallon d'ici 2026, en raison de la fermeture prévue de deux raffineries représentant un cinquième de la capacité de raffinage de l'État.

L'entreprise prévoit de tirer parti du programme d'incitations de 55 millions de dollars récemment annoncé pour l'installation de bornes de recharge rapide pour véhicules électriques. Le PDG Alfredo Papadakis a indiqué que Green Rain s'attend à annoncer sa première vague de projets californiens après crédits d'impôt au trimestre à venir, et que d'autres sites sont à l'étude pour un développement en 2025-2026.

Green Rain Energy Holdings (OTC:GREH) hat seinen strategischen Fokus darauf gelegt, in den nächsten fünf Jahren einen bedeutenden Anteil am prognostizierten 50-Milliarden-Dollar-Markt für saubere Energie in Kalifornien zu gewinnen. Die Initiative des Unternehmens erfolgt vor dem Hintergrund von Vorhersagen, wonach die Benzinpreise in Kalifornien aufgrund der geplanten Schließung von zwei Raffinerien, die ein Fünftel der Raffineriekapazität des Bundesstaates ausmachen, bis 2026 auf $8,44 pro Gallone steigen könnten.

Das Unternehmen beabsichtigt, das kürzlich angekündigte 55-Millionen-Dollar-Förderprogramm für die Installation von Schnellladegeräten für Elektrofahrzeuge zu nutzen. CEO Alfredo Papadakis erklärte, Green Rain erwarte, im kommenden Quartal seine erste Welle von Projekten in Kalifornien nach Steueranreizen bekanntzugeben, und prüfe weitere Standorte für Entwicklungen in 2025–2026.

Positive
  • None.
Negative
  • Operating in a highly competitive clean energy market
  • Success dependent on effective execution of project pipeline
  • Potential delays in government incentive programs could impact growth

Company Plans To Speed Up The Clean Energy Sector Ahead Of Projections That California Gasoline Could Top $8 Per Gallon, As A Result Of 2 Local Refineries Scheduled To Close. (Phillips 66 & Valero)

California Also Recently Announced A $55 Million Dollar State Funded Incentives For The Installation Costs For Electric Vehicle (EV) Fast Chargers At Businesses And Public Sites Across The State

PASADENA, CA / ACCESS Newswire / September 4, 2025 / Green Rain Energy Holdings Inc. (OTC PINK:GREH) ("Green Rain" or the "Company"), a renewable energy development company, today announced that it is focused on rapidly acquiring a substantial sector of California's Estimated 5 Year $50 Billion Dollar Next Clean Energy Wave as a result of numerous industry projections that have found California gasoline prices could rise to $8.44 per gallon by the end of 2026 after the pending closure of two refineries - one-fifth of the state's refining capacity - and the onset of new state regulations.

These two latest refinery closures would reduce the total production in California faster than in-state consumption will plausibly decline. If that happened, and nothing else changed, the result would be a severe gasoline shortage and likely an unprecedented price increase.

"These same analyst/insiders say that "The Solution" is to speed up the adoption of clean energy… and that's exactly what we are focusing our time and resources on. The momentum is real, and it's building quickly," said Alfredo Papadakis, Chief Executive Officer of Green Rain Energy Holdings Inc.

An article on www.energy.ca.gov/news/2025-08/california-opens-55-million-incentive-program-expand-public-electric-vehicle said that: "The California Energy Commission (CEC) today announced the launch of the Fast Charge California Project, a $55 million incentive program offering up to 100% of the installation costs for electric vehicle (EV) fast chargers at businesses and public sites across the state. State-funded incentives are essential for the rapid and equitable expansion of California's electric vehicle charging network," said Evan Wright, CSE's director of EV infrastructure and operations. "This program is designed to get fast chargers in the ground…fast."

Alfredo Papadakis, Chief Executive Officer of Green Rain Energy Holdings Inc. added: "Green Rain expects to announce its first wave of post-tax-credit California projects in the coming quarter, with several additional sites under evaluation for 2025-2026 development. Investors want certainty, communities want cleaner energy, and California wants leadership," Papadakis continued. "Green Rain Energy Holdings is stepping into that role with confidence. We are not only prepared to meet this demand - we are prepared to exceed it.

With capital inflows accelerating and infrastructure in place, Green Rain is poised for a new phase of growth that will reshape its project portfolio, strengthen shareholder value, and help California achieve its ambitious clean energy goals.

California Also Recently Announced A $55 Million Dollar State Funded Incentives For The Installation Costs For Electric Vehicle (EV) Fast Chargers At Businesses And Public Sites Across The State, and we will take advantage of this and other government incentives."

About Green Rain Energy Holdings Inc. (OTC PINK:GREH)

Green Rain Energy Holdings Inc. is a renewable energy development company focused on advancing sustainable power solutions. Through strategic partnerships, scalable infrastructure, and a diversified project pipeline, the Company is dedicated to delivering long-term value for shareholders while supporting the transition to a clean energy economy.

The Companyis also 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.

Green Rain Solar Inc., a subsidiary of Green Rain Energy Holdings Inc., is a pioneering solar energy utility dedicated to harnessing the power of the sun in urban environments. Specializing in advanced rooftop solar projects, the company converts sunlight into a continuous supply of grid-connected electricity. With a visionary approach, Green Rain Solar aims to lead the way toward sustainable energy solutions, addressing the high energy costs faced by urban communities. By integrating innovative technologies and design, they are not only generating power but also transforming cities into vibrant, eco-friendly spaces where renewable energy can thrive.

For more information, visit: https://greenrainenergy.com/

Investor Relations: https://greenrainenergy.com/investor-relations/

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Forward-Looking Statements

This press release contains forward-looking statements regarding future events and the future performance of Green Rain Energy Holdings Inc. that involve risks and uncertainties. Actual results may differ materially from those anticipated in these statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release.

For press inquiries, please contact:
Michael Cimino
Michael@pubcopr.com

SOURCE: Green Rain Energy Holdings Inc.



View the original press release on ACCESS Newswire

FAQ

What is Green Rain Energy Holdings (GREH) strategy for California's clean energy market?

Green Rain is focusing on capturing a significant portion of California's projected $50 billion clean energy market over the next 5 years, leveraging state incentives and developing EV charging infrastructure.

How much are California gas prices expected to rise by 2026 according to GREH?

According to industry projections cited by GREH, California gas prices could rise to $8.44 per gallon by the end of 2026 due to refinery closures and new state regulations.

What government incentives is Green Rain Energy Holdings (GREH) planning to utilize?

GREH plans to utilize California's $55 million incentive program that offers up to 100% coverage of installation costs for EV fast chargers at businesses and public sites.

When will Green Rain Energy Holdings (GREH) announce its first California projects?

GREH expects to announce its first wave of post-tax-credit California projects in the coming quarter, with additional sites under evaluation for 2025-2026 development.

Why is Green Rain Energy Holdings (GREH) expanding in California's clean energy market?

GREH is expanding due to the closure of two major refineries representing one-fifth of California's refining capacity, creating increased demand for clean energy alternatives and EV charging infrastructure.
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