These enhancements will:
• Optimize Charging Performance: Enable faster, more reliable charging while minimizing infrastructure costs.
• Reduce Operational Costs: Battery storage reduces demand charges and enables energy arbitrage.
• Create New Revenue Streams: Stored energy can be sold back to the grid during peak demand hours, generating additional income while stabilizing the grid.
RG&E’s program covers up to 100% of costs for load management technologies and up to 60% for energy storage systems, further lowering deployment costs and supporting rapid scaling of the EV charging network. Market Demand Poised to Surge with EU-US Trade Deal The recent EU-US Clean Energy Trade Agreement will accelerate the EV market by reducing tariffs and expanding clean technology trade. According to industry forecasts, the U.S. EV market is projected to grow from approximately 3.5 million vehicles in 2024 to over 30 million by 2035, while the global EV charging infrastructure market is expected to surpass $190 billion by 2032.
This exponential growth, combined with federal and state incentives, positions Green Rain Energy Holdings to capture a significant share of this rapidly expanding sector. “This is more than an EV charging station—it’s a complete clean energy ecosystem,” said Alfredo Papadakis, CEO of Green Rain Energy Holdings. “By combining RG&E incentives, battery storage, and advanced load management technologies, we’re creating a sustainable business model that lowers costs, improves reliability, and even generates recurring revenue by selling energy back to the grid.
With the new EU-US trade deal accelerating EV adoption, demand for high-speed charging infrastructure will soar, and Green Rain intends to lead the way.” Aligned with the Inflation Reduction Act & Environmental Equity Goals Green Rain’s Rochester project aligns with the Inflation Reduction Act (IRA) and the EU-US agreement by prioritizing clean energy investment in underserved communities, improving environmental equity, and unlocking federal and state-level incentives.
Expansion Beyond Rochester Building on the success of the Rochester site, Green Rain Energy Holdings is actively evaluating additional locations in high-growth EV markets such as Texas, California, and Arizona, where demand for Level 3 fast charging is expected to surge. These markets, combined with national and state incentive programs, present an opportunity for rapid scaling of Green Rain’s grid-optimized EV infrastructure model nationwide. Call to Action for Investors: Green Rain Energy Holdings Inc.(OTC: GREH) is at the forefront of the clean transportation and energy transition movement, leveraging multiple revenue streams—including energy resale to utilities, federal tax credits, and charging operations—to capture rapid growth in the EV infrastructure market. With EV adoption projected to grow by 700% in the next decade, and strong utility-backed incentives in place, now is the time to engage with Green Rain Energy Holdings Inc. as we expand nationwide.
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 Green Rain Energy Holdings to differ materially from those expressed herein. Except as required under U.S. federal securities laws, Green Rain Energy Holdings undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
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