In recent times, Now Corporation (OTC: NWPN) has made significant strides in the realm of renewable energy, and yesterday, the company was in focus again following a new development. The announcement was with regard to its subsidiary unit Green Rain Solar Inc., and in this feature, we will take a look at some of the highlights from the announcement.
The Update
In the news release from Now Corporation yesterday, it was revealed that Green Rain Solar had decided to expand its solar energy projects to Southern California. The move had been made in order to build on the significant experience gained by the company from its partnerships on the East Coast. The ultimate aim would be to further improve solar panel design for boosting practicality and help in cutting down costs for greater adoption.
Aims
Green Solar is particularly focused and specialized in solar solutions for the urban zones in addition to those areas in which the cost of energy is high. Through the use of its greater design and technological efficiency, Now Corporation would look to bring the power of solar to Southern California. In light of the announcement made yesterday, it could be a good time to add the stock to your watch lists.
