The Now Corporation (OTC: NWPN) Sees Opportunities for Community Solar Projects in California
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.
The Now (OTC: NWPN) annuncia la sua espansione strategica nel mercato del solare comunitario in California, a seguito dell'introduzione della Legge Assembly Bill 2316. Questa legislazione ha lo scopo di promuovere progetti di energia solare comunitaria con tecnologie di stoccaggio integrate. Attraverso la sua sussidiaria Green Rain Solar, l'azienda è specializzata nell'energia solare urbana e nell'integrazione della rete, concentrandosi sulla conversione della luce solare dei tetti in energia elettrica connessa alla rete in aree urbane ad alto costo.
La nuova legislazione favorisce sviluppatori, consumatori e lavoratori del settore energetico, mentre affronta le esigenze energetiche pulite della California. La tecnologia proprietaria di Green Rain Solar e le partnership strategiche migliorano l'efficienza dell'installazione solare, in particolare nell'integrazione delle soluzioni di stoccaggio di energia. Questa capacità consente di spostare l'energia solare generata durante il giorno verso le ore di punta della domanda, sostenendo la stabilità e l'affidabilità della rete.
The Now (OTC: NWPN) anuncia su expansión estratégica en el mercado de energía solar comunitaria de California, tras la introducción de la Ley Assembly Bill 2316. Esta legislación tiene como objetivo promover proyectos de energía solar comunitaria con tecnologías de almacenamiento de baterías integradas. A través de su subsidiaria Green Rain Solar, la empresa se especializa en energía solar urbana e integración de redes, enfocándose en convertir la luz solar de los techos en energía conectada a la red en áreas urbanas de alto costo.
La nueva legislación beneficia a desarrolladores, consumidores y trabajadores de servicios públicos, al mismo tiempo que aborda las necesidades de energía limpia de California. La tecnología propietaria de Green Rain Solar y las asociaciones estratégicas mejoran la eficiencia de las instalaciones solares, especialmente en la integración de soluciones de almacenamiento de energía. Esta capacidad permite trasladar la generación de energía solar del día a las horas de máxima demanda, apoyando la estabilidad y fiabilidad de la red.
The Now (OTC: NWPN)은 캘리포니아 커뮤니티 태양광 시장에 전략적으로 진출한다고 발표하며, 이는 의회 법안 2316의 도입에 따른 것입니다. 이 법안은 통합 배터리 저장 기술이 있는 커뮤니티 태양광 프로젝트를 촉진하는 것을 목표로 하고 있습니다. 자회사 Green Rain Solar를 통해 이 회사는 도시 태양 에너지와 그리드 통합을 전문으로 하며, 고비용 도시 지역의 지붕 태양광을 그리드에 연결된 전력으로 전환하는 데 주력하고 있습니다.
새로운 법안은 개발자, 소비자 및 공공 유틸리티 근로자에게 혜택을 주는 동시에 캘리포니아의 청정 에너지 요구를 충족하고 있습니다. Green Rain Solar의 독점 기술과 전략적 파트너십은 태양광 설치의 효율성을 높이며, 특히 배터리 저장 솔루션 통합에서 두드러집니다. 이 기능은 낮시간에 생성된 태양광을 피크 수요 시간으로 전환할 수 있도록 하여 그리드의 안정성과 신뢰성을 지원합니다.
The Now (OTC: NWPN) annonce son expansion stratégique sur le marché solaire communautaire de Californie, suite à l'introduction du projet de loi Assembly Bill 2316. Cette législation vise à promouvoir des projets solaires communautaires avec des technologies de stockage par batterie intégrées. Grâce à sa filiale Green Rain Solar, l'entreprise se spécialise dans l'énergie solaire urbaine et l'intégration au réseau, se concentrant sur la conversion de la lumière du soleil des toits en énergie connectée au réseau dans des zones urbaines à coût élevé.
La nouvelle législation bénéficie aux développeurs, aux consommateurs et aux travailleurs de l'électricité, tout en répondant aux besoins énergétiques propres de la Californie. La technologie propriétaire de Green Rain Solar et les partenariats stratégiques renforcent l'efficacité des installations solaires, en particulier en ce qui concerne l'intégration des solutions de stockage par batterie. Cette capacité permet de déplacer l'énergie solaire générée pendant la journée vers les heures de pointe de la demande, soutenant ainsi la stabilité et la fiabilité du réseau.
The Now (OTC: NWPN) kündigt seine strategische Expansion in den Markt für gemeinschaftliche Solarenergie in Kalifornien an, im Anschluss an die Einbringung des Gesetzes Assembly Bill 2316. Diese Gesetzgebung zielt darauf ab, Projekte zur gemeinschaftlichen Solarenergie mit integrierten Batteriespeichertechnologien zu fördern. Durch ihre Tochtergesellschaft Green Rain Solar spezialisiert sich das Unternehmen auf städtische Solarenergie und Netzwerkintegration und konzentriert sich darauf, Sonnenlicht von Dächern in netzgekoppelte Energie in teuren städtischen Gebieten umzuwandeln.
Die neue Gesetzgebung kommt Entwicklern, Verbrauchern und Mitarbeitern von Versorgungsunternehmen zugute und adressiert gleichzeitig die Bedürfnisse Kaliforniens in Bezug auf saubere Energie. Die proprietäre Technologie von Green Rain Solar und strategische Partnerschaften steigern die Effizienz bei der Installation von Solaranlagen, insbesondere hinsichtlich der Integration von Batteriespeicherlösungen. Diese Fähigkeit ermöglicht es, Solarenergie von der Tagesserzeugung auf Spitzenzeiten zu verlagern, was die Stabilität und Zuverlässigkeit des Stromnetzes unterstützt.
- Strategic entry into California's community solar market backed by new supportive legislation
- Proprietary technology for solar installation optimization
- Focus on high-value urban markets
- None.
PASADENA, CA / ACCESS Newswire / January 21, 2025 / The Now Corporation (OTC PINK:NWPN), an emerging leader in solar energy and utility solutions, announces its strategic focus on expanding into the California community solar market. This opportunity arises as California introduces new legislation, Assembly Bill 2316, designed to incentivize community solar projects that integrate advanced battery storage technologies.
Assembly Bill 2316, recently signed into law, paves the way for broad adoption of community solar in California. The legislation benefits a wide range of stakeholders, including developers, consumers, and utility workers, while addressing the state's need for clean and reliable energy. By prioritizing projects with battery storage, California aims to shift solar power generated during the day to peak demand hours, ensuring greater grid stability and reliability.
The Now Corporation, through its wholly-owned subsidiary Green Rain Solar Inc., specializes in urban solar energy and grid integration. Green Rain Solar Inc. is dedicated to transforming rooftop sunlight into grid-connected power in high-cost urban locations across the nation. With a mission to operate as a utility, Green Rain Solar aims to deliver energy efficiency and sustainability while generating long-term value for communities and investors.
Green Rain Solar Inc. leverages proprietary technology and strategic partnerships to maximize the efficiency of solar installations. By integrating battery storage solutions, the company addresses California's need for dispatchable solar energy, delivering clean power precisely when it is needed most. This expertise positions The Now Corporation to play a vital role in California's burgeoning community solar market.
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
SOURCE: The Now Corp.
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FAQ
How does Assembly Bill 2316 affect NWPN's business opportunities in California?
What is NWPN's strategy for the California community solar market in 2025?
How does NWPN's battery storage integration benefit California's power grid?
What markets does NWPN's subsidiary Green Rain Solar target?
