Allied Energy Corporation Partners with Green Rain Energy Holdings for EV Charging Station Infrastructure

Allied Energy Corporation, a Texas-based independent energy producer, has partnered with Green Rain Energy Holdings to supply natural gas for powering EV charging stations across Texas. This strategic Memorandum of Understanding (MOU) aims to transform stranded and underutilized gas resources into sustainable energy for high-speed electric vehicle infrastructure. By converting natural gas into power for Level 3 DC fast chargers, Allied Energy Corporation will generate recurring revenue in the $120B+ EV charging market. This partnership positions Allied Energy Corporation at the forefront of Texas's energy transition, aligning with the state's goals for energy independence and carbon reduction.

Key Takeaways:

Allied Energy Corporation has signed a Memorandum of Understanding (MOU) with Green Rain Energy Holdings to supply natural gas for powering EV charging stations across Texas.
The partnership aims to transform stranded and underutilized gas resources into sustainable energy for high-speed electric vehicle infrastructure.
Allied Energy Corporation will conduct gas composition testing, negotiate surface rights, and provide quarterly reports on energy quality and output under the agreement.
The MOU positions Allied Energy Corporation to become a key energy supplier for off-grid, localized power generation to support fast-charging infrastructure in key areas like West Texas, the I-35 corridor, and along I-10.
Allied Energy Corporation will participate in the rapidly growing $120B+ EV charging market and provide a cleaner alternative to diesel-based mobile charging units.
The MOU is effective for 120 days and is expected to result in a definitive Energy Purchase and Sales Agreement (EPSA) upon commencement of site development.
Allied Energy Corporation is an energy development and production company acquiring oil & gas reserves in prolific hydrocarbon-bearing regions of the United States.
The company specializes in reworking and re-completing existing oil & gas wells to achieve higher production volumes, longer well life, and more efficient recovery of proven and available oil and gas reserves.
Allied Energy Corp. plans to acquire interests in marginal wells, which can be acquired at minimal cost, and is concentrating on bypassed oil and gas fields to minimize competition and costs.

Statistics:

The EV charging market is projected to reach $120B+ by 2024 (Fortune Business Insights, 2024).
Texas is eligible for over $400 million in NEVI funding to expand electric vehicle infrastructure across interstate corridors and underserved areas (U.S. Department of Energy).
Over 1 million EVs are projected to hit Texas roads by 2030, highlighting the need for off-grid, localized power generation to support fast-charging infrastructure (U.S. Department of Energy).

Sources:

Globe NewsWire - Allied Energy Corporation Signs Memorandum of Understanding with Green Rain Energy Holdings Inc. (July 17, 2025)
U.S. Department of Energy - Electric Vehicle Infrastructure Program (NEVI funding)
Fortune Business Insights - Electric Vehicle Charging Station Market Size, Share & Trends Analysis Report by Component (Hardware, Software), Charging Station (Level 1, Level 2, DC Fast Charging), Power Source (Battery, Solar), End-Use (Residential, Commercial), and Geography - Global Market Forecast 2020-2025