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The Now Corporation (OTC:NWPN) Subsidiary, Green Rain Solar Inc., Explores Selling Development Rights for Solar Farm Project in Greece, NY

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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) attraverso la sua controllata, Green Rain Solar Inc., sta esplorando la vendita dei diritti di sviluppo per un progetto di energia solare a Grecia, New York. Il progetto prevede un parco solare a terra di 19,5 acri situato al 4777 di Dewey Avenue.

L'iniziativa strategica mira a generare finanziamenti per il progresso dei progetti di energia solare a livello nazionale. Green Rain Solar è specializzata in sistemi di energia solare urbana e distribuita, focalizzandosi sulla trasformazione di spazi poco utilizzati in impianti di energia rinnovabile. L'azienda intende utilizzare i proventi dalla vendita dei diritti di sviluppo per migliorare ulteriori iniziative solari, ampliare le operazioni e supportare l'adozione di energia pulita nelle regioni ad alta domanda.

The Now (OTC:NWPN) a través de su subsidiaria, Green Rain Solar Inc., está explorando la venta de derechos de desarrollo para un proyecto de energía solar en Grecia, Nueva York. El proyecto implica un parque solar montado en tierra de 19.5 acres ubicado en 4777 Dewey Avenue.

La iniciativa estratégica tiene como objetivo generar financiación para avanzar en proyectos de energía solar a nivel nacional. Green Rain Solar se especializa en sistemas de energía solar urbana y distribuida, centrándose en transformar espacios infrautilizados en instalaciones de energía renovable. La empresa planea utilizar los ingresos de la venta de los derechos de desarrollo para mejorar aún más las iniciativas solares, expandir operaciones y apoyar la adopción de energía limpia en regiones de alta demanda.

The Now (OTC:NWPN)는 자회사인 Green Rain Solar Inc.를 통해 뉴욕주 그리스에 있는 태양광 에너지 프로젝트의 개발 권리 판매를 탐색하고 있습니다. 이 프로젝트는 4777 Dewey Avenue에 위치한 19.5에이커 규모의 지면 태양광 발전소를 포함합니다.

이 전략적 이니셔티브는 전국적으로 태양광 에너지 프로젝트를 발전시키기 위한 자금을 생성하는 것을 목표로 하고 있습니다. Green Rain Solar는 도시 및 분산형 태양광 에너지 시스템을 전문으로 하며, 활용도가 낮은 공간을 재생 가능 에너지 시설로 변환하는 데 주력하고 있습니다. 회사는 개발 권리 판매로 얻은 수익을 활용하여 향후 태양광 이니셔티브를 강화하고 운영을 확장하며, 에너지 수요가 높은 지역에서 청정 에너지 채택을 지원할 계획입니다.

The Now (OTC:NWPN) à travers sa filiale, Green Rain Solar Inc., explore la vente de droits de développement pour un projet d'énergie solaire à Greece, New York. Le projet implique une centrale solaire au sol de 19,5 acres située au 4777 Dewey Avenue.

Cette initiative stratégique vise à générer des financements pour faire avancer des projets d'énergie solaire à l'échelle nationale. Green Rain Solar se spécialise dans les systèmes d'énergie solaire urbains et distribués, en se concentrant sur la transformation d'espaces peu utilisés en installations d'énergie renouvelable. L'entreprise prévoit d'utiliser les revenus de la vente des droits de développement pour renforcer d'autres initiatives solaires, étendre ses opérations et soutenir l'adoption de l'énergie propre dans les régions à forte demande.

The Now (OTC:NWPN) erkundet durch seine Tochtergesellschaft, Green Rain Solar Inc., den Verkauf von Entwicklungsrechten für ein Solarenergieprojekt in Greece, New York. Das Projekt umfasst eine 19,5 Hektar große Freiflächen-Solaranlage, die sich in der Dewey Avenue 4777 befindet.

Die strategische Initiative zielt darauf ab, Mittel für die Weiterentwicklung von Solarenergieprojekten im ganzen Land zu generieren. Green Rain Solar ist auf städtische und dezentrale Solarenergiesysteme spezialisiert und konzentriert sich darauf, untergenutzte Flächen in Anlagen für erneuerbare Energien umzuwandeln. Das Unternehmen plant, die Einnahmen aus dem Verkauf der Entwicklungsrechte zu nutzen, um weitere Solarinitiativen zu fördern, die Betriebe auszubauen und die Akzeptanz von sauberer Energie in Regionen mit hoher Nachfrage zu unterstützen.

Positive
  • Strategic sale of development rights could generate immediate funding for expansion
  • Company holds rights to substantial 19.5-acre property suitable for solar development
  • Potential to monetize assets while maintaining focus on renewable energy sector
Negative
  • Selling development rights indicates possible cash needs for operations
  • No disclosed valuation or expected proceeds from the potential sale

PASADENA, CA / ACCESS Newswire / January 22, 2025 / The Now Corporation (OTC PINK:NWPN) through its subsidiary, Green Rain Solar Inc., is actively exploring the sale of development rights for a groundbreaking solar energy project located at 4777 Dewey Avenue, Greece, New York. This strategic move aims to generate funding for the advancement of solar energy projects nationwide.

The 19.5-acre site in Greece, NY, is set to host a state-of-the-art ground-mount solar farm. This initiative underscores Green Rain Solar's commitment to developing innovative and sustainable energy solutions that accelerate the transition to net-zero carbon emissions.

Green Rain Solar, specializing in urban and distributed solar energy systems, seeks to transform underutilized spaces into renewable energy powerhouses. The sale of development rights for this project will provide the capital needed to enhance further solar initiatives, expand operations, and support clean energy adoption in high-demand regions.

"This project represents a significant milestone in our mission to deliver sustainable solar energy solutions," said Alfredo Papadakis, CEO of The Now Corporation. "The Greece, NY, site exemplifies our approach to maximizing the potential of renewable energy 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

SOURCE: The Now Corp.



View the original press release on ACCESS Newswire

FAQ

What is the size of NWPN's solar farm project in Greece, NY?

The solar farm project in Greece, NY, is situated on a 19.5-acre site at 4777 Dewey Avenue.

Why is NWPN selling development rights for its Greece, NY solar project?

NWPN is selling the development rights to generate funding for advancing solar energy projects nationwide and expand operations in high-demand regions.

What is Green Rain Solar's specialization as NWPN's subsidiary?

Green Rain Solar specializes in urban and distributed solar energy systems, focusing on transforming underutilized spaces into renewable energy facilities.

Where is the location of NWPN's new solar farm development?

The solar farm development is located at 4777 Dewey Avenue in Greece, New York.

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