NeoVolta Expands Market Reach with New Approvals from EnFin Solar Loans and Sungage Financial
2024年8月6日 - 6:45PM
(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.
EnFin Solar Loans Approval
NeoVolta’s NV14 and NV24 energy storage systems have been added
to the Approved Vendor List (AVL) of EnFin solar loans. EnFin, a
subsidiary of Qcells—a major manufacturer of residential solar
panels in the United States—provides solar financing solutions for
solar panels, batteries, and roofing. This addition aims to make
solar energy more accessible to a broader audience, offering
enhanced energy security and reliability through NeoVolta’s
innovative storage solutions.
Sungage Financial Expansion
In a parallel development, Sungage Financial has expanded
NeoVolta’s presence on its AVL with the inclusion of the NeoVolta
NV7600inverter. Sungage Financial, a leading provider of
residential solar financing operating in 33 states and Washington
D.C., previously approved NeoVolta solely for its battery
equipment. The addition of NeoVolta’s inverters marks a significant
expansion of their partnership, enabling Sungage to finance
comprehensive residential solar projects that include both
NeoVolta’s battery and inverter equipment.
“We are delighted to expand our relationship with these two
financial institutions,” said Ardes Johnson, CEO at NeoVolta. “This
approval broadens our market reach and reinforces our commitment to
offering reliable and efficient solar energy solutions. We look
forward to continued collaboration and success in promoting
residential solar adoption.”
Meeting the Rising Demand for Sustainable
Energy
These approvals come at a pivotal time when the demand for
sustainable energy solutions is surging, driven by increased
environmental awareness and the economic benefits of solar power.
NeoVolta’s systems are designed to provide long-lasting, safe, and
efficient energy storage, with their inverters known for
reliability and efficiency. The combined offerings of NeoVolta’s
battery and inverter solutions provide a comprehensive approach to
meeting residential solar energy needs.
With these endorsements, more installers and homeowners will
have access to NeoVolta’s cutting-edge energy storage systems,
ensuring enhanced energy security and reliability for a growing
number of residential solar projects.
About Sungage Financial
Sungage Financial is dedicated to helping homeowners save money
on energy through simple, affordable financing solutions for
residential solar projects. With a focus on excellent customer
service and innovative financial products, Sungage Financial
partners with a network of solar installers to make solar ownership
easy and accessible.
About EnFin Solar
EnFin Solar, a subsidiary of Qcells, is dedicated to making
solar energy more accessible through comprehensive financing
solutions. Specializing in loans for solar panels, batteries, and
roofing, EnFin Solar aims to empower homeowners and businesses to
adopt sustainable energy practices. By partnering with leading
technology providers and offering flexible financing options, EnFin
Solar supports the widespread adoption of clean energy,
contributing to a greener and more sustainable future.
About NeoVolta
NeoVolta designs, develops and manufactures advanced energy
storage systems that offer efficient and reliable solutions for
residential and industrial applications. The company’s flagship
product, the NV14, is designed with a focus on safety using
non-toxic, non-flammable LiFe(PO4) battery chemistry. The NV14
features a high-capacity 14.4 kWh storage system, a robust
7,680-watt inverter, and a cutting-edge web-based management
system, making it one of the leading choices for sustainable energy
storage nationwide.
For more information visit: NeoVolta.com email
us: IR@NeoVolta.com or call us:
858-239-2349Forward-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 press release include, without limitation, the future
performance, reliability and safety of NeoVolta’s NV14 storage
system and the ability of the NV14 to be successfully integrated
with residential backup generators. Although NeoVolta 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. NeoVolta 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 the "Risk Factors"
section of NeoVolta’s Form 1-A filing filed with the Securities and
Exchange Commission ("SEC") and updated from time to time in its
other public filings with the SEC. Any forward-looking statements
contained in this release speak only as of its date. NeoVolta
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.
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