NuRAN Wireless Inc.: NuRAN Wireless Announces Creation of NuEnergy, a Solar, Storage and Hybrid Power Subsidiary
NuRAN Wireless Inc. (Nasdaq:NUR) announced the creation of NuEnergy, a subsidiary to own and operate its solar, storage, and hybrid power systems in Africa. NuEnergy aims to provide reliable, low-cost electricity to NuRAN's rural connectivity sites and assess third-party power sales. The company believes this model can enhance its infrastructure platform and attract financing.