The Now Corporation, through its subsidiary Green Rain Solar Inc., has announced a partnership with Chronical Engineering to conduct a feasibility study for an electric vehicle (EV) charging station at Fairfield Inn & Suites in Alamogordo, New Mexico. This initiative marks the company's first foray into EV charging infrastructure in the state, aligning with New Mexico’s supportive environment for renewable energy projects. The study aims to explore the technical and economic aspects of installing a sustainable energy-powered EV charging station, reflecting The Now Corporation's commitment to expanding clean energy solutions and catering to the growing demand for EV infrastructure.

In other trading, NRG Energy was trading firmly up 10.6% and finishing the session at $113.33, not far from its 52-week high. On Wednesday, the company announced it achieved significant improvement in earnings for 2024 alongside completing a substantial share buyback program. At the same time, WEG trailed, down 8.7% to close at R$47.85. Two days ago, the company reported a Q4 sales increase to BRL 10,822.28 million, but net income slightly dropped compared to the previous year.

NRG Energy's VPP and Smart Home expansion aim to enhance profitability and consumer growth. Click to explore how these strategic moves could impact NRG Energy's future.

If you're interested in learning more about the evolving landscape of the energy sector, don't miss our Market Insights article titled "Sectors And Industries To Watch In 2025," where we explore the growing importance of renewable energy and the shifting demand for resources driven by decarbonization and electrification trends.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "The Now Corporation’s (OTC: NWPN) Green Rain Solar Inc. and Chronical Engineering Partner on EV Charging Feasibility Study at Fairfield Inn & Suites Alamogordo" from Now Corporation (The) on GlobeNewswire (published 25 February 2025)

Companies discussed in this article include NYSE:NRG NYSE:VST NasdaqGS:AMAT NasdaqGS:TSLA and BOVESPA:WEGE3.

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