OTC: $GREH Signs MOU With $AGYP For Co-Gen EV Charging Tech
Rhea-AI Summary
Green Rain Energy Holdings (OTC: GREH) has signed a Memorandum of Understanding (MOU) with Allied Energy Corporation (OTC: AGYP) to supply natural gas for EV charging infrastructure in the Southwest. The strategic partnership aims to power off-grid and hybrid EV charging stations in Texas and New Mexico, bypassing traditional utility constraints.
The agreement enables GREH to utilize certified natural gas from producing wells for Level 3 DC Fast Charging stations. Texas, which leads in U.S. energy production, has received $400 million in NEVI federal funding and expects 1.1 million EVs by 2030. The company's expansion includes projects across multiple states and complements its existing community solar and battery storage initiatives.
Positive
- Direct natural gas supply enables faster permitting and flexible station placement without utility bottlenecks
- Strategic positioning in Texas market with $400M federal funding allocation
- Access to growing EV charging infrastructure market projected to reach $120B by 2030
- Vertically integrated business model combining development, engineering, construction, and financing
- Cross-sector synergy through combined EV charging, solar, and battery storage operations
Negative
- Reliance on natural gas may face environmental scrutiny despite clean energy positioning
- Early-stage MOU status without confirmed financial terms or timeline
- Potential execution risks in rural and underserved areas
News Market Reaction – GREH
On the day this news was published, GREH declined 0.61%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PASADENA, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) -- via IBN – Green Rain Energy Holdings Inc. (OTC: GREH), an ESCO company focused on Electric Vehicle charging sites and solar farms across the country, announces a Memorandum of Understanding (MOU) with Allied
Energy Corporation (OTC: AGYP) natural gas energy distribution to power EV charging corridors in the Southwest.
This agreement creates a direct supply of BTU-validated, fuel-grade natural gas from producing wells, enabling GREH to deploy off-grid or hybrid EV charging stations in states like Texas and New Mexico. Grid constraints and surging EV adoption demand innovative, modular energy solutions.
“This agreement is a game-changer,” said Alfredo Papadakis, President of Green Rain. “It gives us clean, flexible energy input for rapid EV infrastructure buildout—without waiting years for utility interconnects.”
Why Texas Is Ground Zero for Clean Energy Deployment
Texas is at the heart of the U.S. energy transition—ranking #1 in total energy production and now emerging as a national leader in clean infrastructure investment. With over
By sourcing fuel directly from regional wells, GREH bypasses the traditional utility bottlenecks, enabling:
• Faster permitting
• More flexible station placement
• Long-term pricing advantages vs. grid-tied electricity
This is especially impactful for rural and underserved areas where high-voltage connections are not economically feasible.
Greener Energy, Faster Charging: MOU Highlights
Under the MOU:
• Allied Energy will provide certified natural gas to GREH’s EV infrastructure projects, primarily in Texas and the Southwest.
• Gas will power turbine and generator-based charging platforms—supporting Level 3 DC Fast Charging.
• The parties aim to convert underutilized or flared gas into clean, monetized energy assets with long-term utility.
Strategic Growth & Shareholder Value
The global EV charging infrastructure market is projected to grow from
Green Rain is positioned to capture this growth through:
• Asset ownership and recurring revenue from charging and power resale
• Partnerships with Chronical Electric and other developers for turnkey project rollouts
• Active development in New York, Texas, California, Hawaii, and Massachusetts
“This deal complements our community solar and battery storage strategy, giving us cross-sector synergy and deeper revenue streams,” said Papadakis.
Recent milestones include:
• New Investor Relations Hub launch: offering full transparency into the company’s ESCO model and financial outlook
• EV + Solar project with Chronical Electric in upstate New York
• Expansion of Green Rain Solar Inc., a wholly owned subsidiary focusing on incentive-backed solar deployments
A Clean Energy Company with Real Assets
Green Rain’s vertically integrated model—combining development, engineering, construction, and financing— allows it to retain long-term value while accelerating project deployment in federal-incentivized corridors. With the new energy supply agreement, GREH is not just installing EV chargers—it’s building the resilient energy systems behind them.
About Green Rain Energy Holdings:
Green Rain Energy Holdings (OTC:$GREH) is an emerging diversified clean energy company focused on advancing EV charging solutions, solar infrastructure, and sustainable investments that drive value for shareholders while accelerating the global transition to clean energy.
For more information, visit: https://greenrainenergy.com/
Investor Relations: https://greenrainenergy.com/investor-relations/
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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 Green Rain Energy Holdings to differ materially from those expressed herein. Except as required under U.S. federal securities laws, Green Rain Energy Holdings undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
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FAQ
What is the significance of GREH's MOU with Allied Energy Corporation?
How many EVs are projected in Texas by 2030 according to GREH?
What is the projected growth of the global EV charging infrastructure market?
Where is GREH currently developing its EV and solar projects?
How will GREH's natural gas-powered charging stations benefit rural areas?
