The Now Corporation (OTC:NWPN), Utilizing Its Subsidiary Green Rain Solar Inc., Advances EV Infrastructure in Rochester, NY
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), attraverso la sua controllata Green Rain Solar Inc., ha completato uno studio di fattibilità per un progetto di infrastruttura di ricarica per veicoli elettrici presso il 1600 West Ridge Road a Rochester, New York. Il progetto, che sfrutta il programma Make-Ready della Rochester Gas and Electric (RG&E), installerà caricabatterie rapidi di livello 3 presso il sito.
L'iniziativa è in linea con il Inflation Reduction Act, che offre sostanziali crediti d'imposta per progetti di energia pulita in aree svantaggiate. Il programma Make-Ready della RG&E contribuisce a compensare i costi dell'infrastruttura elettrica, rendendo il progetto finanziariamente più sostenibile. L'azienda mira a utilizzare questa posizione a Rochester come modello per l'espansione futura di soluzioni di trasporto pulito e energia sostenibile nelle comunità svantaggiate a livello nazionale.
The Now (OTC:NWPN), a través de su filial Green Rain Solar Inc., ha completado un estudio de viabilidad para un proyecto de infraestructura de carga de vehículos eléctricos en 1600 West Ridge Road en Rochester, Nueva York. El proyecto, que aprovecha el programa Make-Ready de Rochester Gas and Electric (RG&E), instalará cargadores rápidos de nivel 3 en el sitio.
La iniciativa se alinea con la Inflation Reduction Act, que ofrece créditos fiscales sustanciales para proyectos de energía limpia en áreas desatendidas. El programa Make-Ready de RG&E ayuda a compensar los costos de infraestructura eléctrica, haciendo que el proyecto sea más viable financieramente. La empresa tiene como objetivo utilizar esta ubicación en Rochester como un modelo para la futura expansión nacional de soluciones de transporte limpio y energía sostenible en comunidades desfavorecidas.
The Now (OTC:NWPN)는 자회사 Green Rain Solar Inc.를 통해 뉴욕 로체스터의 1600 West Ridge Road에 EV 충전 인프라 프로젝트에 대한 유틸리티 타당성 연구를 완료했습니다. 이 프로젝트는 로체스터 가스 및 전기(RG&E)의 메이크 레디 프로그램을 활용하여 현장에 레벨 3 급속 충전기를 설치할 예정입니다.
이 이니셔티브는 인플레이션 감축 법안과 일치하며, 이는 소외된 지역에서의 청정 에너지 프로젝트에 대한 상당한 세금 공제를 제공합니다. RG&E 메이크 레디 프로그램은 전기 인프라 비용을 보전하는 데 도움을 주어 프로젝트를 재정적으로 더 실행 가능하게 만듭니다. 회사는 이 로체스터 위치를 향후 불리한 지역 사회에서 청정 운송 및 지속 가능한 에너지 솔루션의 전국적 확장을 위한 모델로 활용할 계획입니다.
The Now (OTC:NWPN) a, par l'intermédiaire de sa filiale Green Rain Solar Inc., achevé une étude de faisabilité pour un projet d'infrastructure de recharge de véhicules électriques au 1600 West Ridge Road à Rochester, New York. Le projet, tirant parti du programme Make-Ready de Rochester Gas and Electric (RG&E), installera des chargeurs rapides de niveau 3 sur le site.
Cette initiative s'aligne sur le Inflation Reduction Act, qui offre des crédits d'impôt substantiels pour des projets d'énergie propre dans des zones défavorisées. Le programme Make-Ready de RG&E aide à compenser les coûts d'infrastructure électrique, rendant le projet financièrement plus viable. L'entreprise vise à utiliser cette localisation à Rochester comme modèle pour une future expansion nationale de solutions de transport propre et d'énergie durable dans les communautés défavorisées.
The Now (OTC:NWPN) hat durch ihre Tochtergesellschaft Green Rain Solar Inc. eine Machbarkeitsstudie für ein Projekt zur Elektrofahrzeug-Ladeinfrastruktur in der West Ridge Road 1600 in Rochester, New York, abgeschlossen. Das Projekt nutzt das Make-Ready-Programm der Rochester Gas and Electric (RG&E) und wird dort Schnellladegeräte der Stufe 3 installieren.
Die Initiative steht im Einklang mit dem Inflation Reduction Act, der erhebliche Steuervergünstigungen für Projekte im Bereich erneuerbare Energien in unterversorgten Gebieten bietet. Das RG&E Make-Ready-Programm hilft, die Kosten für die elektrische Infrastruktur zu decken, was das Projekt finanziell tragfähiger macht. Das Unternehmen plant, diesen Standort in Rochester als Modell für die zukünftige landesweite Expansion von nachhaltigen Transport- und Energielösungen in benachteiligten Gemeinschaften zu nutzen.
- Secured utility feasibility study approval for EV charging project
- Access to RG&E Make-Ready Program funding to offset infrastructure costs
- Eligibility for Inflation Reduction Act tax credits
- Project still in early planning phase with no installation timeline provided
- No financial details or revenue projections disclosed
PASADENA, CA / ACCESS Newswire / January 28, 2025 / The Now Corporation, through its renewable energy subsidiary Green Rain Solar Inc., is making significant progress in enhancing electric vehicle (EV) infrastructure in disadvantaged communities across the United States. The company is pleased to announce that it has completed a utility feasibility study for its flagship project at 1600 West Ridge Road in Rochester, New York, clearing the way to move forward with installation plans.
This project aligns with the Inflation Reduction Act, which prioritizes investments in underserved areas by offering substantial tax credits for clean energy initiatives. Leveraging the Rochester Gas and Electric (RG&E) Make-Ready Program, Green Rain Solar Inc. will install Level 3 fast chargers at the site. This program significantly offsets the cost of electrical infrastructure, making EV charging projects more accessible and financially sustainable.
As part of The Now Corporation's broader mission, this initiative aims to reduce greenhouse gas emissions, improve air quality, and address health issues such as asthma that disproportionately affect disadvantaged communities. The 1600 West Ridge Road project will serve as a model for future efforts to expand clean transportation options and sustainable energy solutions nationwide.
The Now Corporation and Green Rain Solar Inc. remain committed to utilizing state and federal incentives to create impactful, community-focused EV infrastructure. This Rochester project represents an important step in advancing cleaner transportation, promoting public health, and supporting a sustainable future.
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 status of NWPN's EV charging project in Rochester, NY?
How is NWPN funding the Rochester EV charging infrastructure?
Where is NWPN's first EV charging station located?
What type of EV chargers will NWPN install in Rochester?
