NeoVolta’s Solar Innovation Lights Up the Future: Surpasses 25 Gigawatts in Solar Production

San Diego-based home solar battery storage leader – recognized as Solar Power World’s Top Solar Storage Products for three years running – sets new solar production milestone

SAN DIEGO, CA, December 5, 2023 – (NASDAQ: NEOV) – NeoVolta Inc., a leader in Smart Energy Storage Solutions, today announced a significant milestone: NeoVolta users exceeded 25 gigawatts (GWs) of solar production. This achievement underscores the company’s commitment to advancing renewable energy technologies.

Brent Willson, CEO of NeoVolta, commented, “Adding 25 GWs of clean solar power to offset or eliminate their utility bills is a major milestone. Our all-in-one NV14 storage system provides safe, reliable backup power during an outage when you need it most. And adding additional battery storage is easy and cost-effective, which further decreases reliance on the Utility.”

This system has gained recognition as one of Solar Power World’s Top Solar Storage Products for three consecutive years, and as one of the most affordable solar batteries in the U.S. in EnergySage’s latest semi-annual Solar Marketplace Intel Report, reflecting its impact and reliability in the market.

NeoVolta’s batteries are Lithium Iron Phosphate and are fully UL 9540A certified, meaning that there is no fire and no thermal runaway risk. The NV14 Energy Storage System, a hallmark of NeoVolta’s innovation, is known for its safety and efficiency, enabling homes to stay powered and connected, on or off the grid.

About NeoVolta

NeoVolta designs, develops, and manufactures advanced energy storage systems for both residential and industrial use. Its storage solutions are engineered with Lithium-Iron Phosphate (LiFe(PO4)) battery chemistry, which is clean, nontoxic, and nonflammable. The residential-focused NeoVolta NV14 is equipped with a solar rechargeable 14.4 kWh battery system, a 7,680-Watt inverter, and a web-based energy management system with 24/7 monitoring. The system’s 6,000-cycle battery life, one of the longest on the market, translates to 16.5 years of useful life, based on a full charge, and discharge each day. The NV14 has passed the product safety standards set forth by Underwriters Laboratories (UL) for battery energy storage safety testing.

For more information visit: NeoVolta.com email us: Contact: Kate Countryman [email protected] Or call us: 858-239-2349

Forward-Looking Statements

Certain statements in this news release constitute forward-looking information within the meaning of applicable securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects,” “believes,” “anticipates,” “budget,“ scheduled,” “estimates,” “forecasts,” “intends,” “plans,” and variations of such words and phrases, or by statements that certain actions, events or results “may,” “will,” “could,” “would,” or “might,” “be taken,” “occur,” or “be achieved.” Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, expected growth, results of operations, performance, industry trends and growth opportunities. While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements.

NeoVolta’s Solar Innovation Lights Up the Future: Surpasses 25 Gigawatts in Solar Production

San Diego-based home solar battery storage leader – recognized as Solar Power World’s Top Solar Storage Products for three years running – sets new solar production milestone

About NeoVolta

Forward-Looking Statements

Menu

Support

Company