| NeoVolta Sets New Sales Record in April, Surpassing Entire First Quarter in a Single Month |
SAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable energy storage solutions for resilient residential and commercial power infrastructure, today announced that, based on preliminary internal estimates, April 2025 revenue is projected to exceed $2 million — surpassing the company's total estimated revenue for the entire first quarter of 2025. NeoVolta previously projected unaudited first quarter revenue exceeding $2 million, representing a year-over-year increase of more than 600%. |
globenewswire.com |
2025-04-29 12:45:00 |
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| NeoVolta Captures Texas Market Momentum with Record Installer Growth |
NeoVolta expands in Texas, onboarding 10% of solar installers and partnering with Solartek to boost statewide distribution of its energy storage systems. |
globenewswire.com |
2025-04-23 12:45:00 |
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| NeoVolta Highlights Virtual Peaker's Announcement of Strategic Partnership for Smarter Energy Storage Integration |
SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, is pleased to share that its strategic partner, Virtual Peaker, a leading virtual power plant software company, has officially announced the companies' collaboration to enhance grid resilience and accelerate the adoption of distributed energy resources. Virtual Peaker's AI-powered platform optimizes batteries as distributed energy resources (DERs) to maximize energy savings and improve grid reliability. |
globenewswire.com |
2025-04-11 12:45:00 |
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| NeoVolta Anticipates Record Quarterly Sales, Surpassing $2 Million in Revenue – a Projected Increase of over 600% Year-over-Year |
SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, today announced that it anticipates record-breaking quarterly sales, with unaudited revenue expected to exceed $2 million for the first time in the company's history — an increase of over 600% over the same period last year. This significant milestone reflects the soaring demand for sustainable home energy solutions and NeoVolta's ongoing commitment to delivering innovative, high-performance products. |
globenewswire.com |
2025-03-27 10:45:00 |
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| NeoVolta (NEOV) $300M Loan Application Passes Phase 2 of Department of Energy Loan Program |
Technical Due Diligence Approved for $300M to Expand U.S. Manufacturing SAN DIEGO , Feb. 25, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ: NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, announced today that it has completed phase two of its loan application for $300M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed the conditional commitment phase, which will include negotiating a term sheet and a site visit with the U.S. Department of Energy. NeoVolta will produce residential and commercial BESS products across the country, creating over 200 jobs and securing the American supply chain by onshoring battery cells and inverters. |
prnewswire.com |
2025-02-25 08:50:00 |
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| NeoVolta Appoints Michael Mendik as Chief Operating Officer |
SAN DIEGO , Jan. 7, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ: NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is pleased to announce the appointment of Michael Mendik, PhD, MBA, as its new Chief Operating Officer (COO). With a distinguished career spanning over two decades in international business management, strategy, and development, Michael brings a wealth of experience and a proven track record of driving profitability and growth in the renewable energy sector. |
prnewswire.com |
2025-01-07 10:00:00 |
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| NeoVolta and Expion360 Announce LOI to Advance Battery Manufacturing and Product Design |
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (Nasdaq: NEOV) (“NeoVolta”), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent (“LOI”) with Expion360 Inc. (Nasdaq: XPON) (“Expion360”), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of American-made batteries. |
globenewswire.com |
2024-12-11 10:45:00 |
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| /C O R R E C T I O N -- NeoVolta/ |
In the news release, NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program, issued Nov. 13, 2024 by NeoVolta over PR Newswire, we are advised by the company that the NeoVolta ticker symbol (NASDAQ: NEOV) should have been included after NeoVolta in the first sentence, first paragraph, and was omitted inadvertently. The complete, corrected release follows: NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- NeoVolta (NASDAQ: NEOV), a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence. |
prnewswire.com |
2024-11-13 12:58:00 |
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| NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program |
Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing |
globenewswire.com |
2024-11-13 12:53:00 |
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| NeoVolta, U.S. Department of Energy, and Barrio Eléctrico Celebrate Successful Installation of NeoVolta's NV24 Battery Storage Systems in Puerto Rico |
This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta |
globenewswire.com |
2024-10-29 10:45:00 |
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| NeoVolta Secures $1.4 Million Deal with National Renewable Energy Partners Expanding Dealer Network in Several New States |
SAN DIEGO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, is pleased to announce a $1.4 million dollar deal with National Renewable Energy Partners (NREP). This purchase order expands NeoVolta's dealer network into several new states including Ohio, Texas, Connecticut, Indiana, and Pennsylvania, capitalizing on emerging opportunities in the residential energy sector. |
globenewswire.com |
2024-10-02 12:45:00 |
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| NeoVolta Selected as Strategic Partner with Barrio Eléctrico for Growth in Puerto Rico as part of $21M Award |
SAN DIEGO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leading provider of advanced energy storage solutions, has been selected as a strategic partner with Barrio Eléctrico for a significant expansion of residential solar and energy storage aimed at enhancing energy security in Puerto Rico. |
globenewswire.com |
2024-09-17 12:45:00 |
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| NeoVolta Secures $5 Million Line of Credit, Strengthens Financial Position |
SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in solar energy storage solutions, is pleased to announce the successful securing of a $5 million Line of Credit (LOC) from National Energy Modelers, Inc. This strategic financial arrangement is a significant milestone for NeoVolta, as it bolsters the company's working capital while preserving shareholder equity. |
globenewswire.com |
2024-09-04 12:45:00 |
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| NeoVolta Expands Market Reach with New Approvals from EnFin Solar Loans and Sungage Financial |
SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), NeoVolta Inc. , a leader in advanced energy storage solutions, announces significant expansions in their market reach through new approvals from both EnFin solar loans and Sungage Financial. |
globenewswire.com |
2024-08-06 09:45:00 |
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| NeoVolta and Store Energy California Enter Joint Venture to Provide Energy Storage for Low-Income Housing in California |
SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a leading provider of advanced energy storage solutions, has announced a joint venture partnership with Store Energy California to bring state-of-the-art battery storage systems to low-income households across California. This initiative leverages state-funded incentive programs to ensure that families can access these vital technologies at no cost, enhancing their energy security and resilience. |
globenewswire.com |
2024-07-16 12:45:00 |
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| NeoVolta Announces Vision for Rapid Growth in CEO Ardes Johnson's letter to shareholders |
New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage New CEO Ardes Johnson Details Bold Strategies for Immediate Market Expansion and Innovation in Energy Storage |
globenewswire.com |
2024-06-18 12:45:00 |
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| NeoVolta CEO Ardes Johnson Gives Expert Testimony to the US International Trade Commission Advising on Favorable Domestic Renewable Energy Policies |
Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities Longtime industry veteran and frequent industry expert shares insights on domestic manufacturing capabilities |
globenewswire.com |
2024-05-17 12:45:00 |
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| NeoVolta Announces Ardes Johnson as New CEO |
San Diego-based solar battery storage leader taps former Tesla energy executive with extensive product innovation and sales experience to lead company San Diego-based solar battery storage leader taps former Tesla energy executive with extensive product innovation and sales experience to lead company |
globenewswire.com |
2024-04-24 12:45:00 |
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| NeoVolta's NV-14 Home Battery Named Solar Power World Top Solar Storage Products for 5th Consecutive Year |
San Diego-based solar battery storage leader recognized on prestigious Top Solar Storage Products list by Solar Power World for its home energy storage solution San Diego-based solar battery storage leader recognized on prestigious Top Solar Storage Products list by Solar Power World for its home energy storage solution |
globenewswire.com |
2024-04-02 12:55:00 |
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| NeoVolta Smart Edge Infrastructure Partner EOS Linx Increased Deployments by 150% in 2023, Plans to More than Double Network in 2024 |
San Diego-based solar battery storage leader has helped EV infrastructure partner increase its presence at places like medical centers, casinos, and school sites with NV-14 energy storage technology San Diego-based solar battery storage leader has helped EV infrastructure partner increase its presence at places like medical centers, casinos, and school sites with NV-14 energy storage technology |
globenewswire.com |
2024-03-26 10:55:00 |
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| Top 5 Industrials Stocks That Are Preparing To Pump In Q1 - Astra Space (NASDAQ:ASTR), Boeing (NYSE:BA) |
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. |
benzinga.com |
2024-03-20 10:47:08 |
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| NeoVolta Experiencing Continued Wave of Revenue Growth in Q2 FY 2024, Following Company's Solar Energy Storage Sales Surge to End 2023 |
San Diego-based home solar battery storage leader, recognized as Solar Power World's Top Solar Storage Products for three years running, powered through new NEM3 regulations in California and booked over $1M in revenue in the fourth quarter of 2023 San Diego-based home solar battery storage leader, recognized as Solar Power World's Top Solar Storage Products for three years running, powered through new NEM3 regulations in California and booked over $1M in revenue in the fourth quarter of 2023 |
globenewswire.com |
2024-02-13 10:45:00 |
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| 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-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 |
globenewswire.com |
2023-12-05 10:45:00 |
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| NeoVolta Reports Q4 Sales Surge As Popular NV14 Home Solar Energy Storage Battery Shows Near Six-Figure Gross Revenues Over Last Six Weeks |
San Diego-based home solar battery storage leader - recognized as Solar Power World's Top Solar Storage Products for three years running – Booked $917,000 in Six Weeks San Diego-based home solar battery storage leader - recognized as Solar Power World's Top Solar Storage Products for three years running – Booked $917,000 in Six Weeks |
globenewswire.com |
2023-11-13 07:45:00 |
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| NeoVolta Expands its Emerging Presence Across America by Adding $520,000 Purchase Order for Residential Solar Battery Storage in New Mexico |
San Diego-based home solar battery storage leader - recognized as Solar Power World's Top Solar Storage Products for three years running - has entered the new home construction market in New Mexico San Diego-based home solar battery storage leader - recognized as Solar Power World's Top Solar Storage Products for three years running - has entered the new home construction market in New Mexico |
globenewswire.com |
2023-11-09 10:45:00 |
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| NeoVolta Partners with Mosaic for Solar Battery Storage Financing Options, Fast-Tracks Technology on Anticipation of Growing Power Outage Concerns |
San Diego solar battery storage company NeoVolta (Nasdaq:NEOV) partners with Mosaic to help more homeowners finance energy storage purchases and escape the detriments of power outages San Diego solar battery storage company NeoVolta (Nasdaq:NEOV) partners with Mosaic to help more homeowners finance energy storage purchases and escape the detriments of power outages |
globenewswire.com |
2023-09-12 12:45:00 |
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