NeoVolta Captures Texas Market Momentum with Record Installer Growth
NeoVolta Inc. (NASDAQ: NEOV) reported significant expansion in Texas, successfully onboarding over 10% of the state's solar installers as certified dealers in a single quarter. The company's growth aligns with Texas's rapidly expanding battery storage market, which reached 6,200 megawatts of installed capacity by end of 2024.
The company announced a strategic distribution partnership with Dallas-based Solartek Distributors to enhance its market presence and accelerate deployment and training for Texas-based installers. This expansion comes as Texas experiences increasing demand for energy security solutions amid rising costs and weather-related grid challenges.
NeoVolta Inc. (NASDAQ: NEOV) ha riportato una significativa espansione in Texas, riuscendo a certificare come rivenditori oltre il 10% degli installatori solari dello stato in un solo trimestre. La crescita dell'azienda è in linea con il mercato delle batterie di accumulo in rapida espansione in Texas, che ha raggiunto una capacità installata di 6.200 megawatt entro la fine del 2024.
L'azienda ha annunciato una partnership strategica di distribuzione con Solartek Distributors, con sede a Dallas, per rafforzare la propria presenza sul mercato e accelerare la formazione e l'implementazione per gli installatori texani. Questa espansione avviene in un momento in cui il Texas registra una crescente domanda di soluzioni per la sicurezza energetica, a fronte dell'aumento dei costi e delle sfide alla rete dovute alle condizioni meteorologiche.
NeoVolta Inc. (NASDAQ: NEOV) informó una expansión significativa en Texas, logrando incorporar como distribuidores certificados a más del 10% de los instaladores solares del estado en un solo trimestre. El crecimiento de la compañía se alinea con el mercado de almacenamiento de baterías en rápida expansión en Texas, que alcanzó una capacidad instalada de 6,200 megavatios a finales de 2024.
La empresa anunció una alianza estratégica de distribución con Solartek Distributors, con sede en Dallas, para mejorar su presencia en el mercado y acelerar el despliegue y la capacitación de instaladores en Texas. Esta expansión se produce en un contexto de creciente demanda de soluciones de seguridad energética en Texas, debido al aumento de los costos y los desafíos en la red causados por condiciones climáticas.
NeoVolta Inc. (NASDAQ: NEOV)는 텍사스에서 큰 확장을 보고했으며, 단일 분기 내에 주 내 태양광 설치업체의 10% 이상을 인증 딜러로 성공적으로 등록시켰습니다. 회사의 성장은 2024년 말까지 6,200메가와트의 설치 용량에 도달한 텍사스의 급성장하는 배터리 저장 시장과 일치합니다.
회사는 텍사스 기반 설치업체의 시장 진출 강화와 교육 및 배치를 가속화하기 위해 댈러스 소재 Solartek Distributors와 전략적 유통 파트너십을 발표했습니다. 이 확장은 비용 상승과 기상 관련 전력망 문제로 인해 에너지 보안 솔루션에 대한 수요가 증가하는 텍사스 상황에서 이루어졌습니다.
NeoVolta Inc. (NASDAQ : NEOV) a annoncé une expansion significative au Texas, réussissant à intégrer plus de 10 % des installateurs solaires de l'État en tant que distributeurs certifiés en un seul trimestre. La croissance de l'entreprise s'aligne avec le marché en pleine expansion du stockage par batterie au Texas, qui a atteint une capacité installée de 6 200 mégawatts d'ici la fin 2024.
L'entreprise a annoncé un partenariat stratégique de distribution avec Solartek Distributors, basé à Dallas, afin de renforcer sa présence sur le marché et d'accélérer le déploiement et la formation des installateurs basés au Texas. Cette expansion intervient alors que le Texas connaît une demande croissante de solutions de sécurité énergétique, face à la hausse des coûts et aux défis du réseau liés aux conditions météorologiques.
NeoVolta Inc. (NASDAQ: NEOV) meldete eine bedeutende Expansion in Texas und hat es geschafft, in nur einem Quartal über 10 % der Solarinstallateure des Bundesstaates als zertifizierte Händler zu gewinnen. Das Wachstum des Unternehmens steht im Einklang mit dem schnell wachsenden Markt für Batteriespeicher in Texas, der bis Ende 2024 eine installierte Kapazität von 6.200 Megawatt erreichte.
Das Unternehmen kündigte eine strategische Vertriebspartnerschaft mit Solartek Distributors mit Sitz in Dallas an, um seine Marktpräsenz zu stärken und die Einführung sowie Schulung für Installateure in Texas zu beschleunigen. Diese Expansion erfolgt vor dem Hintergrund einer steigenden Nachfrage nach Energiesicherheitslösungen in Texas, bedingt durch steigende Kosten und wetterbedingte Netzprobleme.
- Captured over 10% of Texas solar installers as certified dealers in one quarter
- Established strategic distribution partnership with Solartek Distributors in Dallas
- Expanding presence in Texas, one of the fastest-growing battery storage markets
- Targeting market with 6,200 megawatts of installed capacity
- None.
Signs Over
SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), U.S.-based energy technology company delivering scalable storage for resilient residential and commercial power infrastructure, today announced unprecedented growth in Texas.
“Texas is a key market for us, and with new product introduction in the last quarter, we’ve onboarded over
Texas, now one of the fastest-growing battery storage markets in the U.S., surpassed 6,200 megawatts of installed capacity by the end of 2024. NeoVolta’s recent traction aligns with a statewide trend toward energy security in the face of rising costs and weather-driven grid stress.
To further support its reach, NeoVolta has formed a distribution partnership with Dallas-based Solartek Distributors, LLC, known for reliable delivery and a comprehensive portfolio of solar and storage equipment. Solartek’s strong local presence will help accelerate deployment and training for Texas-based installers.
“Partnering with NeoVolta is a natural fit as we support installers with leading-edge technology,” said Uros Ceglaj, CEO of Solartek Distributors. “Their growth speaks for itself — and we’re aligned with their mission to advance U.S.-made energy solutions.”
About NeoVolta
NeoVolta is a leading innovator in energy storage solutions dedicated to advancing the future of clean energy. Founded to provide reliable, sustainable, and high-performance energy storage systems, the company has quickly established itself as a critical player in the industry. NeoVolta’s flagship products are designed to meet the growing demand for efficient energy management in residential and commercial applications. With a focus on cutting-edge technology and strategic partnerships, NeoVolta is committed to driving progress in renewable energy and enhancing how the world stores and uses power.
For more information visit: www.NeoVolta.com
Contact: Investor Relations
Email: press@neovolta.com
Phone: 800-364-5464
Forward-Looking Statements
Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, the estimates of revenues for the quarter ending March 31, 2025. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.
FAQ
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