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NeoVolta Inc. is a San Diego-based company specializing in the design, development, and manufacturing of advanced energy storage systems for residential and industrial applications. Their storage solutions utilize lithium iron phosphate (LiFe(PO4)) battery chemistry, known for its cleanliness, non-toxicity, and non-flammability. The residential-focused NeoVolta NV14 boasts a solar-rechargeable 14.4 kWh battery system, a 7,680-watt inverter, and a web-based energy management system. With a 6,000-cycle battery life (one of the longest on the market) and compliance with product safety standards set by Underwriters Laboratories (UL), NeoVolta's NV14 offers a reliable energy storage solution.
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NeoVolta Inc. appoints Ardes Johnson as the new CEO, bringing extensive energy sector experience from Tesla. The company aims to innovate in the renewable energy storage market under his leadership. Johnson's strategic objectives include revenue expansion, financing partnerships, and next-gen battery development.
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NeoVolta Inc., a leader in Smart Energy Storage Solutions, has been recognized by Solar Power World for its NV-14 home energy storage solution, marking the fifth consecutive year on the 'Top Solar Storage Products' list. The NV-14, known for its innovative features like a 14.4-kWh LFP battery system and AC/DC compatibility, stands out in the Residential Energy Storage Systems category.
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NeoVolta Inc. announces a 150% increase in EV deployments by partner EOS Linx in 2023, utilizing the NV-14 energy storage technology to enhance EV charging stations across various locations. The partnership aims to double expansion in 2024, providing reliable and accessible charging solutions for electric vehicles.
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NeoVolta Inc., a San Diego-based manufacturer of Smart Energy Storage Solutions, reported over $1M in gross revenue for Q4 2023, showing an 80% YoY growth with Gross Margins exceeding 20%. The company successfully navigated California's NEM3 regulations, with a surge in solar installer applications and a direct marketing campaign. NeoVolta's NV14 system was recognized as a top solar storage product for the third consecutive year.
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NeoVolta Inc. (NEOV) announced that its users have exceeded 25 gigawatts (GWs) of solar production, showcasing the company's commitment to advancing renewable energy technologies. The NV14 Energy Storage 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.
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NeoVolta Inc. (NEOV) - NeoVolta Inc. announces near $1,000,000 in gross revenue for 2023 Q4, marking a 60% growth year over year. The revenue rebound is attributed to receding impacts of COVID-19 and delays from installer implementation post California’s Net Energy Metering 3 (NEM3). Additionally, there is a significant increase in solar installer applications and new orders are expected to gain momentum in the current quarter. NeoVolta's NV14 system was recognized as one of Solar Power World’s Top Solar Storage Products for the third year in a row.
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NEOV - NeoVolta Inc. expands into the new home construction market in New Mexico with a high six-figure deal, placing NV14 batteries in new home construction projects. The company's all-in-one NV14 storage system provides safe, reliable backup power during outages and is recognized as one of Solar Power World’s Top Solar Storage Products for the third year in a row.
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NeoVolta partners with Mosaic to offer affordable financing for solar energy storage systems
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FAQ
What is the current stock price of NeoVolta (NEOV)?
The current stock price of NeoVolta (NEOV) is $4.71 as of December 20, 2024.
What is the market cap of NeoVolta (NEOV)?
The market cap of NeoVolta (NEOV) is approximately 160.8M.
What does NeoVolta Inc. specialize in?
NeoVolta Inc. specializes in designing, developing, and manufacturing advanced energy storage systems for residential and industrial applications.
What type of battery chemistry does NeoVolta use in their storage solutions?
NeoVolta utilizes lithium iron phosphate (LiFe(PO4)) battery chemistry in their storage solutions.
What are the key features of the NeoVolta NV14 system?
The NeoVolta NV14 system features a solar-rechargeable 14.4 kWh battery system, a 7,680-watt inverter, and a web-based energy management system.
What is the battery life of the NeoVolta NV14 system?
The NeoVolta NV14 system has a 6,000-cycle battery life, one of the longest in the market, equivalent to 16.5 years of useful life.
Has NeoVolta received any industry recognitions?
Yes, NeoVolta has been recognized as one of Solar Power World's Top Solar Storage Products for three consecutive years.
What safety standards has the NeoVolta NV14 system met?
The NeoVolta NV14 system has passed the product safety standards set by Underwriters Laboratories (UL) for battery energy storage safety testing.
What sets NeoVolta apart from other energy storage providers?
NeoVolta's focus on utilizing clean, non-toxic, and non-flammable battery chemistry, combined with high-quality engineering and product safety compliance, sets them apart in the energy storage industry.
How does NeoVolta contribute to the renewable energy sector?
NeoVolta contributes to the renewable energy sector by providing efficient and reliable energy storage solutions for both residential and industrial applications.
What recent achievements has NeoVolta celebrated?
NeoVolta recently booked over $1 million in revenue in the fourth quarter of 2023 and has been recognized on Solar Power World's Top Solar Storage Products list for five years in a row.
What is NeoVolta's approach to manufacturing and supply chain security?
NeoVolta aims to position itself as a premier U.S.-based manufacturer with a focus on domestic manufacturing capabilities and sustainable solutions for energy storage.
NeoVolta Inc.
Nasdaq:NEOV
NEOV Rankings
NEOV Stock Data
160.80M
28.38M
14.93%
15.16%
2.52%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
United States of America
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