Now Corp Stock Price, News & Analysis

The Now (NWPN) has announced a strategic joint venture between its subsidiary Green Rain Solar Inc. and Chronical Engineering to develop solar farms and EV charging stations in Orange County, California. The partnership aims to transform underutilized urban spaces, including former gas stations, into clean energy hubs.

The initiative combines Green Rain Solar's long-term land lease strategy with Chronical Engineering's expertise in renewable energy infrastructure. The joint venture will focus on constructing solar carports and EV charging stations in high-traffic locations. Energy generated will be sold to local utilities through community solar programs.

The company plans to begin construction on three initial sites in Orange County, with potential for market expansion based on performance and demand. Each site will undergo financial viability assessment to ensure sustained returns.

The Now (NWPN) has significantly improved its financial position by reducing $5 million in convertible debt through a strategic agreement with Medican Enterprises. The debt was exchanged for the research, development, and design of an advanced off-road electric vehicle.

The planned EV will feature a quad-motor configuration, solid-state battery technology, and adjustable air suspension with 24 inches of clearance. The company's subsidiary, Green Rain Solar, will lead the R&D efforts, while Medican retains ownership of the brand and IP. Net profits from commercial sales will be split 50/50 between the parties.

Additionally, NWPN announced the launch of a fully redesigned corporate website (www.greenrainenergy.com) within 24 hours to enhance stakeholder communication.

The Now (OTC:NWPN) through its subsidiary Green Rain Solar Inc. has completed a utility feasibility study for an EV charging infrastructure project at 1600 West Ridge Road in Rochester, New York. The project, leveraging the Rochester Gas and Electric (RG&E) Make-Ready Program, will install Level 3 fast chargers at the site.

The initiative aligns with the Inflation Reduction Act, which offers substantial tax credits for clean energy projects in underserved areas. The RG&E Make-Ready Program helps offset electrical infrastructure costs, making the project more financially viable. The company aims to use this Rochester location as a model for future nationwide expansion of clean transportation and sustainable energy solutions in disadvantaged communities.

The Now (OTC:NWPN) has announced a strategic partnership between its subsidiary, Green Rain Solar, and KMB Design Group to develop urban solar energy projects. The collaboration focuses on designing multi-megawatt solar energy systems for underutilized urban rooftops and high-density locations.

KMB Design Group will contribute its engineering, design, and consulting expertise to optimize solar installations for efficiency, integration, and scalability. The partnership aims to transform urban rooftops into clean energy hubs, promoting sustainability and addressing growing urban energy demands while reducing reliance on conventional power sources.

The Now (OTC:NWPN) has issued a statement addressing recent misinformation regarding its alleged cryptocurrency affiliations. The company explicitly denies any partnership or involvement with Solana, the Solana blockchain platform, or any cryptocurrency ventures, including 'The Now Coin'.

The company has also identified a fraudulent social media account '@thenowCorp' on X (formerly Twitter) that has been making unauthorized statements, including false claims about a relationship between The Now and Solana. The company emphasizes that it remains focused exclusively on sustainable energy solutions through its subsidiary, Green Rain Solar Inc.

Stakeholders and investors are advised to rely solely on official company statements through verified channels to avoid misinformation.

The Now (OTC:NWPN) announced its subsidiary, Green Rain Solar Inc., is expanding into the Southwest US market, specifically targeting New Mexico and Arizona. The company has registered with both states' Secretaries of State and plans to focus on implementing solar-powered EV charging stations through channel partnerships.

Green Rain Solar is relocating its West Coast regional offices to New Mexico, citing the state's significant solar energy potential, increasing solar panel adoption, and favorable tax environment compared to California. The move is expected to reduce operating costs and create opportunities for community solar projects.

CEO Alfredo Papadakis emphasized the company's goal to partner with organizations and communities to establish clean energy solutions, including solar-integrated EV charging networks, as part of their broader mission to become a renewable energy sector leader.

The Now (OTC:NWPN) and its subsidiary, Green Rain Solar Inc., have released a promotional video showcasing their urban solar energy solutions. The video, available on YouTube, demonstrates how the company transforms rooftops into sustainable energy hubs that integrate with the power grid.

The initiative focuses on addressing rising energy costs and environmental challenges in urban areas by converting unused rooftop space into renewable energy sources. CEO Alfredo Papadakis emphasized the video's role in communicating their vision for a sustainable and energy-efficient future.

Green Rain Solar Inc.'s mission centers on delivering clean energy solutions to high-cost urban areas, aiming to reduce dependence on traditional energy sources while supporting environmental sustainability.

The Now (OTC:NWPN) through its subsidiary, Green Rain Solar Inc., is exploring the sale of development rights for a solar energy project in Greece, New York. The project involves a 19.5-acre ground-mount solar farm located at 4777 Dewey Avenue.

The strategic initiative aims to generate funding for advancing solar energy projects nationwide. Green Rain Solar specializes in urban and distributed solar energy systems, focusing on transforming underutilized spaces into renewable energy facilities. The company plans to use the proceeds from the development rights sale to enhance further solar initiatives, expand operations, and support clean energy adoption in high-demand regions.

The Now (OTC: NWPN) announces its strategic expansion into California's community solar market, following the introduction of Assembly Bill 2316. This legislation aims to promote community solar projects with integrated battery storage technologies. Through its subsidiary Green Rain Solar, the company specializes in urban solar energy and grid integration, focusing on converting rooftop sunlight into grid-connected power in high-cost urban areas.

The new legislation benefits developers, consumers, and utility workers while addressing California's clean energy needs. Green Rain Solar's proprietary technology and strategic partnerships enhance solar installation efficiency, particularly in integrating battery storage solutions. This capability allows for shifting solar power from daytime generation to peak demand hours, supporting grid stability and reliability.