2019 jeep cherokee fuel tank capacity
Beyond the Lightspeed Horizon: Carrier Doctrine in a Galaxy Far Far Away
2023.06.01 03:44 AlfredoThayerMahan Beyond the Lightspeed Horizon: Carrier Doctrine in a Galaxy Far Far Away
Between May 4th and May 8th 1942, the first naval battle that occured beyond the visual horizon took place. While the Battle of The Coral Sea was somewhat indecisive, with both the Japanese and Americans seeing significant losses although the Japanese largely ceded the body of water thereafter, the kind of engagement it typified bears remembrance, one where neither side directly sighted each-other with surface vessels. You cannot hit what you cannot see, a lesson the Japanese learned all too well a month later near a small sandy dot called “Midway”.
Eighty years hence and the lesson remains the same. It doesn’t matter how impressive or unstoppable your weapon is, if you do not know what you are shooting at, it is useless. Where in the past scout planes would make visual contact with the enemy, tools like RORSATs, NOSS, SOSUS, Over The Horizon and Synthetic Aperture Radars, and more have become the staple for detecting, classifying, and tracking contacts.
The mistake common among most people and even military enthusiasts is to assume the greatest weapon a carrier has in its defense is its fighters. Consider the Survivability Onion (not pictured). While this statement can be somewhat true, from a certain point of view, the carrier’s ability to detect the threat via their AWACs, and the ability to attack beyond the visual horizon is its greatest defense. Both of these steps allow the Carrier to remain hidden. In most cases it is fairly easy to track a Battleship that has come to shell you. Even if it is doing so beyond the horizon, counter-battery radar can give you a good picture of its location just based on the trajectory of its shells, potentially good enough to fire a spread of anti-ship missiles at it. By using deceptive return paths, a carrier can make such tracking more difficult, not to mention more dangerous with a CAP.
To remain hidden is what keeps ships alive. Spaceborne ISR platforms have stripped this fog of war back somewhat, but the basic concept of the horizon is critical to understanding how to utilize carriers in Star Wars.
Putting the “A” in “CVA”
There are a number of real life carrier doctrines to consider as each approached usage slightly differently. NATO nations, led by the United States, viewed the carrier as largely an offensive tool. Of the three major NATO carrier nations, the U.S., the U.K., and France, the U.K. would eventually lose it’s offensive capability with the retirement of the last of the Audacious and Centaur Class carriers and their Phantom and Buccaneer aircraft while France would maintain the offensive role of their carriers though to a more limited capacity due to simply having fewer of them. That being said, outside of the U.S. for much of the Cold War and early 21st century, carriers were largely used as a method of ASW and point-defense interception. For the Soviets this was their Kiev Class with Yak-38 and Yak-141 interceptors and rotary wing ASW and AWACs aircraft, meant to protect their SSBN Bastions from hounding P-3 Orions and NATO SSNs. Even the later Kuznetsov, if it ever actually works, is a defensive tool with the aircraft largely lacking in the capability to attack targets. For the Brits the effect of their transition was demonstrated in the Falklands where Harriers constituted much of their fleet air defense but lacked the range, speed, and loiter time to perform fully in the “Outer Air Battle” or to perform much in the way of strike or air support.
This difference is best illustrated by the designation American Fleet Carriers possessed for a time, CVA*, the “Attack” Carrier. CVA is not a physical change in an aircraft carrier, CVs were changed to CVAs and back again depending on era, rather it denotes its usage. This originated in early nuclear weapon doctrine where carriers were viewed as forward airfields to launch nuclear strikes into the Soviet Union. Later this evolved to attacking the SSBN Bastion in the Barents Sea along with targets on the Kola Peninsula with a similar arrangement with the Sea of Okhotsk and Kamchatka Peninsula in the Pacific.
To further understand this, it is important to look at the kinds of aircraft used by the U.S. Carriers and Supercarriers, most importantly their attack aircraft. The first of the long-range attack trend was the AJ Savage, meant as the first dedicated carrier nuclear delivery platform, with a range longer than the B-25. This trend continued with other dedicated nuclear delivery platforms such as the A-3 Skywarrior and A-5 Vigilante, with notable exception in the small A-4 Skyhawk but a trend which culminated in the A-6 Intruder and later Tomcat Quickstrike proposal.
So why bother? Why should such long-range strike platforms be developed even if they are going to attack relatively coastal installations? Well the answer is simple. Range is the carrier’s best armor but it comes at a cost. The longer the range the less ordinance an aircraft can carry, needing external fuel tanks. Maybe they need buddy tankers which reduces your strike force. Either way you are doing less damage and hitting fewer point targets. By using larger aircraft you can compensate for this, not needing to sacrifice pylons for fuel stores. At the same time by being far away you are harder to detect and engage. Both by shore installations and by reconnaissance aircraft. If they can only search X number of square kilometers per hour, by increasing that area you reduce the likelihood of being found by simple probability. With that kind of safety a carrier can be used in a high-intensity offensive capacity without undue risk to it. Sure, you could load up a Harrier with drop tanks and daisy chain buddy tankers to achieve the same range as an A-6 but the A-6 could probably do it without needing to sacrifice much in terms of payload, of which it carries far more and without or with only limited tankers support, freeing up more aircraft to carry out tasks. One is a gimmick, the other is an offensive tool.
*CVA is not a U.S. exclusive term, indeed the ill-fated British CVA-01 program bore the same designator.
Hyperspace: The Great Equalizer
In Star Wars, starfighters have two clear categories. Those with hyperdrives and those without. A starfighter with a hyperdrive is much like a long-range aircraft such as an F-14 or A-6, even if the crew requirements and footprint are nothing alike. An A-Wing has more in common with a Tomcat in this respect than a Tie-Bomber does, even if the Tie-Bomber was loaded up with anti-starfighter missiles. Those without hyperdrives are your Harriers or Yak-38 equivalents, limited in range and largely relegated to point defense.
Hyperspace creates a horizon behind which a carrier can hide. Simply a jump or two away and off the major hyperspace lanes, and they are beyond sensors and effectively untouchable unless the enemy has thousands of probes to search every nook and cranny you may have hidden. At the same time, if the carrier has hyperspace capable starfighters they have the ability to hit any given target within a fairly massive bubble with impunity and with a relatively low transit time. Conversely, if you were to use spacecraft without hyperdrives to attack a target you would leave the carrier detectable and thus vulnerable to attack by the enemy, losing the greatest advantage of a carrier: its stealth.
Consequently this is why hybrid Carrier-Battleship approaches in real life and in Sci-Fi generally fall short. To act as a Battleship, the Carrier gives up its stealth. There is a minor exception where the fighters are used to augment the air-defense of the "Battle-Carrier" rather than as offensive tools but this is the exception that makes the rule. Ironically, this exception makes the TIE fighter a good design for the Imperial Class to carry as the Star Destroyer doesn’t lose much by getting within detection range of a target while having smaller and cheaper starfighters to augment its air-defense.
To properly utilize a dedicated carrier with Hyperspace technology, not only should they be at the back of the formation, but the carriers should be completely disconnected from the ongoing conventional battle, operating in an entirely different region of space.
The Air Defense Problem
In real life the air defense of a battlegroup can largely be divided into three sections.
First is the outer air battle. This task is carried out by the Defensive Counter-Air Combat Air Patrol (DCA-CAP) ranged out along the threat axis to destroy the enemy force before they either detect the Battlegroup or get within their weapons employment zone. This task is supplemented by extremely long-range Surface to Air Missiles such as SM-6, with several Cold War programs going so far as to propose a Surface-to-Air Boost-Glide Vehicle (LORAINE) to hit scouting aircraft at over 500 nautical miles away. Additionally use of SAM traps, ships that are not emitting and have targeting cued off of other platforms such as fighters and AWACs, further supplements the use of fighters in this theater of operations. Obviously these SAM platforms are at risk but the most valuable unit of a battlegroup is the carrier so the potential sacrifice of one is seen as a worthwhile trade if it can break an incoming raid.
Moving on we have the inner air battle, or area air-defense, which is within detection range by the enemy force and typically within their weapon employment zones. This is handled by the fighters that are assigned to point-defense and by the medium range SAM systems such as RIM-66 and earlier versions of RIM-67*, SM-2MR and SM-2ER respectively. Oftentimes this is typically engaging weapons such as incoming anti-ship missiles.
Finally is the point-defense arena where weapons such as CIWS and ESSM take play and is exclusively, with a few exceptions, dedicated to engaging incoming weapons and largely centered around the self-protection of the ship in question.
The ranges for these engagement envelopes are highly dependent, variable based on range of enemy detection, range of your own sensors, range of weapons, and other factors.
Star Wars complicates the matters somewhat with how Hyperspace interferes with the situation. For this we must first divide the situation into two independent bubbles of space. First is the space around the enemy installation, ship, carrier, etc, and second is the space around your own battlegroup.
In general, the entirety of your own bubble of space is the “inner-air battle”. In this area your point-defense fighters can engage the enemy along with most of your defensive systems depending on how you interpret the range of weapons in Star Wars. At the same time the enemy can detect you and there’s a good chance you are within their own weapons employment zone if you can hit them.
So where is the “outer-air battle” in this scenario? Well that’s complicated. Typically the thinking is that you intercept the enemy force as they try to make their way to you. The problem is, in Star Wars this is impossible to do in hyperspace without specific tools. This tool is an Interdictor vessel. Such a vessel, if placed along the threat axis, would prematurely pull the enemy force out of hyperspace, allowing you to engage with your own hyperspace capable fighters while not putting your own force at risk. Of course the Interdictor is at risk, much like the AAW ship in a SAM trap but that is a calculated risk that must be made to force an engagement that isn’t ideal for the enemy.
There is an obvious issue with this usage. You don’t know where the enemy force is going to come from if they are willing to probe around for alternative hyperspace routings. This makes your chances of actually intercepting them exceedingly low as they aren’t really operating on limited fuel unless you’re engaging forces halfway across the Galaxy and even then it would be easy to take other hyperspace routes to avoid your interdictor screen. So, with general standoff defensive measures void, logically the best defense in case of a Raid Warning is to simply go to hyperspace and make a couple jumps to a pre-planned secondary or tertiary location thus voiding any targeting information provided by the enemy ISR. In this respect detection of a carrier group would be hard but pinning them and attacking them if an Interdictor isn’t immediately available is basically impossible.
As a result the traditional Outer-Air Battle, in the vast expanses of space between the enemy airbase and your own carrier, doesn’t really have the opportunity to take place. However, there is one place you know the enemy force will be, around their own carriers/airbase. This is the equivalent of a U.S. carrier force sending F-14s to blast Backfires over the Kola Peninsula. Not impossible but generally ill-advised as now the enemy can use all their fighters, long-range and point-defense while you only have access to your long-range fighters.
At this point, if you are getting that close to the enemy you might as well engage their carriers to more efficiently destroy their strike generation capability. This turns the Defensive Counter-Air (Counter-space? IDK, I’m going to stick with the Earthling lingo) mission into an Offensive Counter-Air mission where you compensate for your lower numbers by hitting them on the ground or in the ship. This divides yourself into two kinds of engagements. First is protecting your own fleet before they get to hyperspace and second is to attack and destroy the enemy fleet before they go to hyperspace.
This gets to the problem of invading or for that matter, defending a planet. If you park your carrier in a planet’s orbit you are reducing the volume you could be into a tiny pinprick, you’ve basically done half the enemy’s targeting for them. Even worse, depending on how close you are, you may not be able to go to hyperspace immediately, meaning that disengagement could be impossible at the worst time. You may as well have a land base as at least that would be more survivable in the kinetic sense and be easier to work on than a ship.
*Later versions of the RIM-67 and the RIM-156 (also designated SM-2ER though this was launched from the Mk-41 VLS instead of the older twin-arm launchers that the RIM-67 used), would employ active radar and terminal IR seekers. This allowed engagement beyond the horizon against low-flying targets based on cuing by AWACs, potentially into the range where it would fall into the Outer Air Battle.
Conclusions:
Hyperspace creates a unique set of circumstances that make offensive action against fixed positions/fleets very easy while making mobile and evasive battlegroups very difficult to engage. This sort of doctrine is best seen in the Rebel Alliance and their employment of hyperspace capable fighters, striking with relative impunity at Imperial targets without risking their major fleet assets. There is no reason this cannot scale up to major Galactic powers as it provides a disproportionate offensive and defensive capability for the practitioners of the doctrine.
submitted by AlfredoThayerMahan to MawInstallation [link] [comments]
Eighty years hence and the lesson remains the same. It doesn’t matter how impressive or unstoppable your weapon is, if you do not know what you are shooting at, it is useless. Where in the past scout planes would make visual contact with the enemy, tools like RORSATs, NOSS, SOSUS, Over The Horizon and Synthetic Aperture Radars, and more have become the staple for detecting, classifying, and tracking contacts.
The mistake common among most people and even military enthusiasts is to assume the greatest weapon a carrier has in its defense is its fighters. Consider the Survivability Onion (not pictured). While this statement can be somewhat true, from a certain point of view, the carrier’s ability to detect the threat via their AWACs, and the ability to attack beyond the visual horizon is its greatest defense. Both of these steps allow the Carrier to remain hidden. In most cases it is fairly easy to track a Battleship that has come to shell you. Even if it is doing so beyond the horizon, counter-battery radar can give you a good picture of its location just based on the trajectory of its shells, potentially good enough to fire a spread of anti-ship missiles at it. By using deceptive return paths, a carrier can make such tracking more difficult, not to mention more dangerous with a CAP.
To remain hidden is what keeps ships alive. Spaceborne ISR platforms have stripped this fog of war back somewhat, but the basic concept of the horizon is critical to understanding how to utilize carriers in Star Wars.
Putting the “A” in “CVA”
There are a number of real life carrier doctrines to consider as each approached usage slightly differently. NATO nations, led by the United States, viewed the carrier as largely an offensive tool. Of the three major NATO carrier nations, the U.S., the U.K., and France, the U.K. would eventually lose it’s offensive capability with the retirement of the last of the Audacious and Centaur Class carriers and their Phantom and Buccaneer aircraft while France would maintain the offensive role of their carriers though to a more limited capacity due to simply having fewer of them. That being said, outside of the U.S. for much of the Cold War and early 21st century, carriers were largely used as a method of ASW and point-defense interception. For the Soviets this was their Kiev Class with Yak-38 and Yak-141 interceptors and rotary wing ASW and AWACs aircraft, meant to protect their SSBN Bastions from hounding P-3 Orions and NATO SSNs. Even the later Kuznetsov, if it ever actually works, is a defensive tool with the aircraft largely lacking in the capability to attack targets. For the Brits the effect of their transition was demonstrated in the Falklands where Harriers constituted much of their fleet air defense but lacked the range, speed, and loiter time to perform fully in the “Outer Air Battle” or to perform much in the way of strike or air support.
This difference is best illustrated by the designation American Fleet Carriers possessed for a time, CVA*, the “Attack” Carrier. CVA is not a physical change in an aircraft carrier, CVs were changed to CVAs and back again depending on era, rather it denotes its usage. This originated in early nuclear weapon doctrine where carriers were viewed as forward airfields to launch nuclear strikes into the Soviet Union. Later this evolved to attacking the SSBN Bastion in the Barents Sea along with targets on the Kola Peninsula with a similar arrangement with the Sea of Okhotsk and Kamchatka Peninsula in the Pacific.
To further understand this, it is important to look at the kinds of aircraft used by the U.S. Carriers and Supercarriers, most importantly their attack aircraft. The first of the long-range attack trend was the AJ Savage, meant as the first dedicated carrier nuclear delivery platform, with a range longer than the B-25. This trend continued with other dedicated nuclear delivery platforms such as the A-3 Skywarrior and A-5 Vigilante, with notable exception in the small A-4 Skyhawk but a trend which culminated in the A-6 Intruder and later Tomcat Quickstrike proposal.
So why bother? Why should such long-range strike platforms be developed even if they are going to attack relatively coastal installations? Well the answer is simple. Range is the carrier’s best armor but it comes at a cost. The longer the range the less ordinance an aircraft can carry, needing external fuel tanks. Maybe they need buddy tankers which reduces your strike force. Either way you are doing less damage and hitting fewer point targets. By using larger aircraft you can compensate for this, not needing to sacrifice pylons for fuel stores. At the same time by being far away you are harder to detect and engage. Both by shore installations and by reconnaissance aircraft. If they can only search X number of square kilometers per hour, by increasing that area you reduce the likelihood of being found by simple probability. With that kind of safety a carrier can be used in a high-intensity offensive capacity without undue risk to it. Sure, you could load up a Harrier with drop tanks and daisy chain buddy tankers to achieve the same range as an A-6 but the A-6 could probably do it without needing to sacrifice much in terms of payload, of which it carries far more and without or with only limited tankers support, freeing up more aircraft to carry out tasks. One is a gimmick, the other is an offensive tool.
*CVA is not a U.S. exclusive term, indeed the ill-fated British CVA-01 program bore the same designator.
Hyperspace: The Great Equalizer
In Star Wars, starfighters have two clear categories. Those with hyperdrives and those without. A starfighter with a hyperdrive is much like a long-range aircraft such as an F-14 or A-6, even if the crew requirements and footprint are nothing alike. An A-Wing has more in common with a Tomcat in this respect than a Tie-Bomber does, even if the Tie-Bomber was loaded up with anti-starfighter missiles. Those without hyperdrives are your Harriers or Yak-38 equivalents, limited in range and largely relegated to point defense.
Hyperspace creates a horizon behind which a carrier can hide. Simply a jump or two away and off the major hyperspace lanes, and they are beyond sensors and effectively untouchable unless the enemy has thousands of probes to search every nook and cranny you may have hidden. At the same time, if the carrier has hyperspace capable starfighters they have the ability to hit any given target within a fairly massive bubble with impunity and with a relatively low transit time. Conversely, if you were to use spacecraft without hyperdrives to attack a target you would leave the carrier detectable and thus vulnerable to attack by the enemy, losing the greatest advantage of a carrier: its stealth.
Consequently this is why hybrid Carrier-Battleship approaches in real life and in Sci-Fi generally fall short. To act as a Battleship, the Carrier gives up its stealth. There is a minor exception where the fighters are used to augment the air-defense of the "Battle-Carrier" rather than as offensive tools but this is the exception that makes the rule. Ironically, this exception makes the TIE fighter a good design for the Imperial Class to carry as the Star Destroyer doesn’t lose much by getting within detection range of a target while having smaller and cheaper starfighters to augment its air-defense.
To properly utilize a dedicated carrier with Hyperspace technology, not only should they be at the back of the formation, but the carriers should be completely disconnected from the ongoing conventional battle, operating in an entirely different region of space.
The Air Defense Problem
In real life the air defense of a battlegroup can largely be divided into three sections.
First is the outer air battle. This task is carried out by the Defensive Counter-Air Combat Air Patrol (DCA-CAP) ranged out along the threat axis to destroy the enemy force before they either detect the Battlegroup or get within their weapons employment zone. This task is supplemented by extremely long-range Surface to Air Missiles such as SM-6, with several Cold War programs going so far as to propose a Surface-to-Air Boost-Glide Vehicle (LORAINE) to hit scouting aircraft at over 500 nautical miles away. Additionally use of SAM traps, ships that are not emitting and have targeting cued off of other platforms such as fighters and AWACs, further supplements the use of fighters in this theater of operations. Obviously these SAM platforms are at risk but the most valuable unit of a battlegroup is the carrier so the potential sacrifice of one is seen as a worthwhile trade if it can break an incoming raid.
Moving on we have the inner air battle, or area air-defense, which is within detection range by the enemy force and typically within their weapon employment zones. This is handled by the fighters that are assigned to point-defense and by the medium range SAM systems such as RIM-66 and earlier versions of RIM-67*, SM-2MR and SM-2ER respectively. Oftentimes this is typically engaging weapons such as incoming anti-ship missiles.
Finally is the point-defense arena where weapons such as CIWS and ESSM take play and is exclusively, with a few exceptions, dedicated to engaging incoming weapons and largely centered around the self-protection of the ship in question.
The ranges for these engagement envelopes are highly dependent, variable based on range of enemy detection, range of your own sensors, range of weapons, and other factors.
Star Wars complicates the matters somewhat with how Hyperspace interferes with the situation. For this we must first divide the situation into two independent bubbles of space. First is the space around the enemy installation, ship, carrier, etc, and second is the space around your own battlegroup.
In general, the entirety of your own bubble of space is the “inner-air battle”. In this area your point-defense fighters can engage the enemy along with most of your defensive systems depending on how you interpret the range of weapons in Star Wars. At the same time the enemy can detect you and there’s a good chance you are within their own weapons employment zone if you can hit them.
So where is the “outer-air battle” in this scenario? Well that’s complicated. Typically the thinking is that you intercept the enemy force as they try to make their way to you. The problem is, in Star Wars this is impossible to do in hyperspace without specific tools. This tool is an Interdictor vessel. Such a vessel, if placed along the threat axis, would prematurely pull the enemy force out of hyperspace, allowing you to engage with your own hyperspace capable fighters while not putting your own force at risk. Of course the Interdictor is at risk, much like the AAW ship in a SAM trap but that is a calculated risk that must be made to force an engagement that isn’t ideal for the enemy.
There is an obvious issue with this usage. You don’t know where the enemy force is going to come from if they are willing to probe around for alternative hyperspace routings. This makes your chances of actually intercepting them exceedingly low as they aren’t really operating on limited fuel unless you’re engaging forces halfway across the Galaxy and even then it would be easy to take other hyperspace routes to avoid your interdictor screen. So, with general standoff defensive measures void, logically the best defense in case of a Raid Warning is to simply go to hyperspace and make a couple jumps to a pre-planned secondary or tertiary location thus voiding any targeting information provided by the enemy ISR. In this respect detection of a carrier group would be hard but pinning them and attacking them if an Interdictor isn’t immediately available is basically impossible.
As a result the traditional Outer-Air Battle, in the vast expanses of space between the enemy airbase and your own carrier, doesn’t really have the opportunity to take place. However, there is one place you know the enemy force will be, around their own carriers/airbase. This is the equivalent of a U.S. carrier force sending F-14s to blast Backfires over the Kola Peninsula. Not impossible but generally ill-advised as now the enemy can use all their fighters, long-range and point-defense while you only have access to your long-range fighters.
At this point, if you are getting that close to the enemy you might as well engage their carriers to more efficiently destroy their strike generation capability. This turns the Defensive Counter-Air (Counter-space? IDK, I’m going to stick with the Earthling lingo) mission into an Offensive Counter-Air mission where you compensate for your lower numbers by hitting them on the ground or in the ship. This divides yourself into two kinds of engagements. First is protecting your own fleet before they get to hyperspace and second is to attack and destroy the enemy fleet before they go to hyperspace.
This gets to the problem of invading or for that matter, defending a planet. If you park your carrier in a planet’s orbit you are reducing the volume you could be into a tiny pinprick, you’ve basically done half the enemy’s targeting for them. Even worse, depending on how close you are, you may not be able to go to hyperspace immediately, meaning that disengagement could be impossible at the worst time. You may as well have a land base as at least that would be more survivable in the kinetic sense and be easier to work on than a ship.
*Later versions of the RIM-67 and the RIM-156 (also designated SM-2ER though this was launched from the Mk-41 VLS instead of the older twin-arm launchers that the RIM-67 used), would employ active radar and terminal IR seekers. This allowed engagement beyond the horizon against low-flying targets based on cuing by AWACs, potentially into the range where it would fall into the Outer Air Battle.
Conclusions:
Hyperspace creates a unique set of circumstances that make offensive action against fixed positions/fleets very easy while making mobile and evasive battlegroups very difficult to engage. This sort of doctrine is best seen in the Rebel Alliance and their employment of hyperspace capable fighters, striking with relative impunity at Imperial targets without risking their major fleet assets. There is no reason this cannot scale up to major Galactic powers as it provides a disproportionate offensive and defensive capability for the practitioners of the doctrine.
2023.06.01 03:09 Cdenton12 How fucked am i?
Firstly, i was in a not at fault accident totaling my 2001 jeep grand Cherokee. I then received a reckless ticket (89 in a 60) in my 2019 dodge charger. I then totaled my charger (at fault). I am an 18 year old male in NC. Any advice…? these happened in june 2022, aug 2022, and may 2023.
submitted by Cdenton12 to Insurance [link] [comments]
2023.06.01 01:12 Maleficent-Tree-4945 2019 Jeep Cherokee uconnect to CarPlay or Google?
Hello! I just purchased a 2019 Jeep Cherokee and the navigation system is ancient and I can’t figure out how to connect Apple Maps or Google maps to my screen. It’s a pretty new model so I’m very surprised. Does anyone know how to update the uconnect system so it can be compatible with my iPhone?
submitted by Maleficent-Tree-4945 to JeepCherokeeXJ [link] [comments]
2023.06.01 01:12 Maleficent-Tree-4945 2019 Jeep Cherokee uconnect to CarPlay or Google?
Hello! I just purchased a 2019 Jeep Cherokee and the navigation system is ancient and I can’t figure out how to connect Apple Maps or Google maps to my screen. It’s a pretty new model so I’m very surprised. Does anyone know how to update the uconnect system so it can be compatible with my iPhone?
submitted by Maleficent-Tree-4945 to JeepDIY [link] [comments]
2023.06.01 01:05 Maleficent-Tree-4945 2019 Jeep Cherokee uconnect to CarPlay or Google?
Hello! I just purchased a 2019 Jeep Cherokee and the navigation system is ancient and I can’t figure out how to connect Apple Maps or Google maps to my screen. It’s a pretty new model so I’m very surprised. Does anyone know how to update the uconnect system so it can be compatible with my iPhone?
submitted by Maleficent-Tree-4945 to Jeep [link] [comments]
2023.05.31 23:25 neonit42 empty containers
so for some reason I have kitchen and bedroom containers empty. no items at all, no matter how many containers I searched. I'm quite sure this is a mod issue, but I just don't know what mod could cause that. any help?
mods loaded:
submitted by neonit42 to projectzomboid [link] [comments]
mods loaded:
mod = ModManager, mod = CheatMenuRB, mod = AzaDesertTiles, mod = AzaMountainTiles, mod = Cookie\_Tiles, mod = Diederiks Tile Palooza, mod = DylansTiles, mod = EN\_Newburbs, mod = EN\_Flags, mod = FantaStreetTiles\_01, mod = FearsFunkyTiles, mod = ManikRetexture\_Clean\_Tiles, mod = melos\_tiles\_for\_miles\_pack, mod = OujinjinTiles, mod = PertsPartyTiles, mod = simonMDsTiles, mod = SkizotsTiles, mod = TileFixes, mod = TryhonestyTiles, mod = iverytiles\_01, mod = tkTiles\_01, mod = 10YL\_RC, mod = 10YL\_KINGSMOUTH, mod = 10YL\_MAPS, mod = 10YL\_SAVEYOURSTATION, mod = XRoadsGunExpo, mod = Authentic Z - Current, mod = BedfordFalls, mod = Bendys Bunker v2, mod = Blackwood, mod = Checkpoint\_1, mod = Checkpoint\_2, mod = Checkpoint\_3, mod = Checkpoint\_4, mod = Checkpoint\_5, mod = Checkpoint\_6, mod = Chinatown, mod = Crossroads Checkpoint, mod = Cruise boat, mod = CruiseShip, mod = Desert, mod = EVAC\_Louisville, mod = EVAC\_Muldraugh, mod = EdsAutoSalvage, mod = EerieCountry, mod = ForagingZ, mod = FortKnoxLinked, mod = FORTREDSTONE, mod = Fort Rock Ridge, mod = Fort Waterfront, mod = GreenHellCommunityCenter, mod = InGameMaps, mod = InGameMaps\_Vanilla, mod = InGameMaps\_WestPointExpansion, mod = WestPointExpansion, mod = InGameMaps\_EerieCountry, mod = InGameMaps\_FortKnoxLinked, mod = InGameMaps\_FortKnoxRoad, mod = FortKnoxRoad, mod = InGameMaps\_FortRedstone, mod = Lighthousematrioshka, mod = Insurgent, mod = LincolnRegionalAirport, mod = LouisvilleBridgeSpawn, mod = Louisville\_Quarantine\_Zone, mod = metro, mod = military fuel depot, mod = MonkeysStartScenarioBase, mod = MonkeysStartScenarioBikerBackwardsCompatibilityPatch, mod = MuldraughCheckpoint, mod = OccupiedLouisvilleSpawnpoints12, mod = Otr, mod = OtrSR, mod = RV\_Interior\_MP, mod = RabbitHashKY, mod = RavenCreek, mod = SpawnsRC, mod = rbr, mod = rbrA2, mod = Riverwood, mod = RMH, mod = RosewoodVHSGunStores, mod = Sailors - Custom Spawn Mod -, mod = SaveOurStation\_KnoxCountry, mod = SecretZ\_v3, mod = RavenCreekEerieCompatibleSlocanLake, mod = RavenCreekEerieCompatibleSlocanLakeIngameMap, mod = TrimbleCountyPowerStation, mod = Legacy\_California, mod = Legacy\_Louisiana, mod = Legacy\_Vinegrove, mod = BRDM2, mod = UH60Helicopter, mod = UH60HelicopterSPspawns, mod = fol\_Take\_A\_Bath, mod = 67commando, mod = 78amgeneralM35A2, mod = 78amgeneralM49A2C, mod = 78amgeneralM50A3, mod = 78amgeneralM62, mod = 82oshkoshM911, mod = 86fordE150, mod = KI5VansExtra, mod = 86oshkoshP19A, mod = 87cruiser, mod = 90fordF350ambulance, mod = 92amgeneralM998, mod = 97bushmaster, mod = 10YearsLaterOccupations, mod = ProfessionFramework, mod = 10YearsLaterOccupationsSpawnItems, mod = 10yearslaterwrecksonly, mod = Alex, mod = Alex2, mod = ADRENALINE\_MOD, mod = AkyHair, mod = blkt\_crosshair, mod = blkt\_fonts, mod = ammomaker, mod = am\_bc, mod = hironiimenu, mod = Arsenal(26)GunFighter\[MAIN MOD 2.0\], mod = amclub, mod = tsarslib, mod = autotsartrailers, mod = ATA\_Bus, mod = ATA\_Jeep, mod = 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2023.05.31 22:51 Joadzilla North Korea satellite plunges in sea in 'rushed' failure, more launches expected
https://www.reuters.com/world/asia-pacific/north-korea-fires-space-satellite-skorea-military-2023-05-30/
submitted by Joadzilla to gamefaqs261 [link] [comments]
SEOUL/TOKYO, May 31 (Reuters) - A North Korean satellite launch on Wednesday ended in failure, sending the booster and payload plunging into the sea, North Korean state media said, and the South's military said it had recovered parts of the launch vehicle.
The new "Chollima-1" satellite launch rocket failed because of instability in the engine and fuel system, state news agency KCNA reported.
The flight was the nuclear-armed state's sixth satellite launch attempt, and the first since 2016. It was supposed to put North Korea's first spy satellite in orbit.
It prompted emergency alerts and brief evacuation warnings in parts of South Korea and Japan but no danger or damage was reported.
South Korea's military said it was conducting a salvage operation to recover what is believed to be parts of the space launch vehicle.
The military shared pictures of a large cylindrical object floating in the sea about 200 km (124.27 miles) off the west coast island of Eocheongdo.
A U.S. official, speaking on the condition of anonymity, said the satellite flew less than 10 minutes, for several hundred kilometres. The launch occurred from the northwestern space launch facility and fell into the Yellow Sea, the official added d.
George William Herbert, adjunct professor at the Center for Nonproliferation Studies and a missile consultant, said the images showed at least part of a rocket, including an "interstage" section designed to connect to another stage.
It is most likely a liquid-fuel rocket, and a round, brown object inside is likely a propellant tank for either fuel or oxidizer, Herbert added.
Officials from the United States, Japan, South Korea held a phone call, where they "strongly condemned" the launch, Japan’s foreign ministry said.
"The three countries will stay vigilant with high sense of urgency", the statement said.
North Korea had said it would launch its first military reconnaissance satellite between May 31 and June 11 to boost monitoring of U.S. military activities.
South Korea last week placed satellites in orbit with a domestically designed and produced rocket for the first time, and China sent three astronauts to its space station as part of crew rotation on Tuesday.
The North Korean rocket plunged into the sea "after losing thrust due to the abnormal starting of the second-stage engine," KCNA reported, in an unusually candid admission of a technical failure by the North.
Pyongyang's National Aerospace Development Administration will investigate the "serious defects" and take action to overcome them before conducting a second launch as soon as possible, KCNA said.
WARNINGS ISSUED
North Korea appeared to have rushed its satellite launch after Seoul's recent space rocket launch, a South Korean lawmaker said citing his country's intelligence agency.
Lawmaker Yoo Sang-beom told journalists that North Korea's leader was believe to have observed the launch and Pyongyang may need several weeks at least to fix its rocket's problems.
"Even if this satellite launch is a failure, General Secretary Kim Jong Un himself has made clear that this satellite is the first of many," said Atsuhito Isozaki, professor of North Korean studies at Keio University in Japan. "This won’t be the end of those efforts."
Lee Choon Geun, honorary research fellow at South Korea's Science and Technology Policy Institute, said it was a rare opportunity for South Korea to retrieve part of a North Korean rocket, and perhaps even the satellite. Analysts say North Korea's capacity for constructing sophisticated satellites remains unproven.
In data provided to international authorities before the launch, North Korea said the rocket would fly south, with stages and other debris expected to fall over the Yellow Sea and into the Pacific Ocean.
Air raid sirens wailed across the South Korean capital of Seoul as the city warned citizens to prepare for a potential evacuation. Later alerts said the city warning had been a mistake.
"I was so panicked," said Lee Juyeon, 33, a resident in the city of about 10 million who was preparing to shelter in a basement with her young child before learning it was a false alarm.
The Japanese government also issued an emergency warning over its J-Alert broadcasting system for residents of the southern prefecture of Okinawa to take cover indoors early on Wednesday morning.
It later said the rocket would not fly into Japanese territory and lifted the warnings. Japan had this week vowed to shoot down any projectile that threatened its territory.
The White House condemned the launch and said it was assessing the situation in coordination with allies.
Japan's Chief Cabinet Secretary Hirokazu Matsuno said North Korea's rocket disappeared from radar above the Yellow Sea and did not make it into space.
Japan strongly condemns the launch and has lodged a complaint to Pyongyang through diplomatic channels in Beijing, he said.
U.N. Secretary-General Antonio Guterres also condemned the launch, a spokesperson said, noting any launch by Pyongyang using ballistic missile technology breached Security Council resolutions.
2023.05.31 21:51 OppositeAct2236 List of Recommended improvements/Ideas/BrainDump. from avid Snowrunner enjoyer.
1:Tires give all trucks a mud option like MHS1 and dually rear options like OHD1
2:Chains. give all tires the options for chains. instead of making only select tire have chains. maybe not msh1and2/ZMH/DHMS1/T01/Stocktractortires. since all of those are Very aggressive mud's.
3:Give all vehicles an option to unlock some kind of roof rack with fuel and such either by completing some kind of trial or just by level. or vehicles with excess interior space like the lo4f is a van you could store stuff inside without increasing the center of gravity much. Yar87/Tatarin/antartic/jeeps/landrover,ect.
4:Cargo Supplies. have a customizable single slot and double slot palatalized supplies. like 4 30 gallon drums of fuel a stack of 4 tires and 300 repair parts. each being a quarter of a single slot cargo of supplies. make a place to pick up or purchase these at all the garages. customize what you can get on the either 4 slot single cargo slot or 8 slot 2 cargo slot.
5:Add more trailers. idk how complicated it is to do but having a lot more trailer options would be awesome. like more useful high saddle trailers like 6 slot with ramps.
6:Medium scout Class. make all in this class be able to connect to both scout trailers and full size trailers. and have Autonomous medium winch. yar87/Tatarin/zikz5368/Step39331/int1700/Warthog/zikz566a/F750/Crocodile/tatra805/azovSprinteTH357.
7:Give any truck that has large winch on back of cab a winch point on it where it is and give it a 50 percent bonus to power from that location. but disable the quick winch from the spot. and option for all with it to remove winch on back and put yellow crane. Kolob74941/Derry4520/M916A1/P12with spare tires on/6900TwinSteer. maybe make the strong winch an addon for Trucks that can have a crane.
8:Vehicle improvements.
1.All pacific trucks need a little love. drop a new engine for P12/P16/p512 in Yukon somewhere. like 250k torque. give p512 AWD option and increase fuel capacity to 90 gallons. give all 3 of them magic upspec OHD 1 tires and with chain option. P12 needs a full sweet of fame options cause its not very useful atm and it has a long frame like azov 73210 so give it all the same add-ons. p16 add yellow crane behind cab and logging crane if it will fit.
2.All Vehicles with articulated steering need some improvement to their turning strength and grip. cause all of them are annoying to drive. maybe make a improved steering upgrade that makes them adjustable strength and speed for driver to tune in the way they like it. k700/k7m/antarctic/cat745c
5.Azov 42-20 Antarctic. Steering improvements... give it roof rack on cab. increase fuel too 100 gallons. give option to remove Cabin on back for more room for a yellow crane or a longer bed or log loader and carrier front combo. 1 spare tire on back of cab when you remove cabin and lock the diff full time cause with out it it just kinda dumps the power in random wheels. give it more add-on options. give it special antarctic studded tires for ice. lower center of gravity a little.make this beast more of a treat when you finally reach level 30 and can use it.
6.Tatra Phoenix/Force/T813. give them all more add-ons. i like them but never use them cause they are so useless. give them low saddles and cranes at least. give the force a lift! or addaptive suspension cause it just leans forward all the time. and its special ramped towing platform a full suit of repair points and spare wheels make me want to use it! maybe a hair large tires like 53 or 55 with lift and this thing would rock. Phoenix. small lift 50 inch tires optional love its stability more addons. T813 more Addons. just give them all a low saddle and yellow crane and i would use them.
7.Derry 3194 and 4520. 15c. 3194- give option to remove dead axle. giant flat area behind cab. supplies or yellow crane. cool truck. maybe small lift and 55 inch tires. 4520- better engine and lift option with bigger tires like 55s. yellow crane behind cab. large wide tire option like real truck. 15c- lower center of gravity a little. fun truck. give multipurpose gearbox a High range Gear. let it pull a trailer with fire tank on. and let fire tank double as fuel carrier. same for any truck that has water carrier. same size but fuel.
8.Navistar 5000-MV awesome truck. give more exhaust options so i can see lol maybe reduce exhaust make the yellow crane fit with low and high saddle. thing looks solid so give it roof rack supplies. like 20 gallons and 200 repair points and 1 tire. mud tire options. lvl locked switchable diff lock.
9.give all small scouts the ablility to be upgraded to wider axels and 44-50 inch tires so they can actually be used in the worse maps. like if jeep had wider axles and 44-50 inch mud tires upgrades i could actually get around on the worse maps. jeep add carrier around spare for holding fuel and repair points. maybe add similar setups for scouts with spare on back.
10.Paystar5070. give bigger tires with the lift. maybe msh3 and 4 tires for better stability options. maybe another engine option but its power is ok for a truck you can get earlier on but should have late game option.
11.Paystar5600ts. my baby the 10 wheeled thirsty lady. a little bigger fuel tank. or a lot bigger.90-140gallons im a little biased. but small center of gravity improvement it likes to end up on its roof and a spare tire behind cab in the spot between the stairs. cause im always poping tires in this thing. small roof rack. and a High saddle!!! maybe 4 slot cargo bed. give option for van body with yellow crane behind it and low or high saddle if it will fit. :D
12.Loadstar 1700 more options and mud tires one of my favorite scouts. more capacity for bed storage and special vanbody add-on. crane and small bed combo if it will fit. low saddle crane combo roof rack.
13.Voron Grad. cant connect trailer when sideboard bed and crane are on. but there is plenty of room. could push crane and bed forward about a foot. Takes too much suspension damage
14.give zikz 605/mastadon/derry15c medium log carrier
15.Tayga 6455b. turns like a boat. and takes a too much suspension damage.
ive been brain dumping all my random thoughts for 2 hours so this will do. add your opinions and ideas or for the game down bellow. or critique some my change ideas or add your own. :D
submitted by OppositeAct2236 to snowrunner [link] [comments]
2:Chains. give all tires the options for chains. instead of making only select tire have chains. maybe not msh1and2/ZMH/DHMS1/T01/Stocktractortires. since all of those are Very aggressive mud's.
3:Give all vehicles an option to unlock some kind of roof rack with fuel and such either by completing some kind of trial or just by level. or vehicles with excess interior space like the lo4f is a van you could store stuff inside without increasing the center of gravity much. Yar87/Tatarin/antartic/jeeps/landrover,ect.
4:Cargo Supplies. have a customizable single slot and double slot palatalized supplies. like 4 30 gallon drums of fuel a stack of 4 tires and 300 repair parts. each being a quarter of a single slot cargo of supplies. make a place to pick up or purchase these at all the garages. customize what you can get on the either 4 slot single cargo slot or 8 slot 2 cargo slot.
5:Add more trailers. idk how complicated it is to do but having a lot more trailer options would be awesome. like more useful high saddle trailers like 6 slot with ramps.
6:Medium scout Class. make all in this class be able to connect to both scout trailers and full size trailers. and have Autonomous medium winch. yar87/Tatarin/zikz5368/Step39331/int1700/Warthog/zikz566a/F750/Crocodile/tatra805/azovSprinteTH357.
7:Give any truck that has large winch on back of cab a winch point on it where it is and give it a 50 percent bonus to power from that location. but disable the quick winch from the spot. and option for all with it to remove winch on back and put yellow crane. Kolob74941/Derry4520/M916A1/P12with spare tires on/6900TwinSteer. maybe make the strong winch an addon for Trucks that can have a crane.
8:Vehicle improvements.
1.All pacific trucks need a little love. drop a new engine for P12/P16/p512 in Yukon somewhere. like 250k torque. give p512 AWD option and increase fuel capacity to 90 gallons. give all 3 of them magic upspec OHD 1 tires and with chain option. P12 needs a full sweet of fame options cause its not very useful atm and it has a long frame like azov 73210 so give it all the same add-ons. p16 add yellow crane behind cab and logging crane if it will fit.
2.All Vehicles with articulated steering need some improvement to their turning strength and grip. cause all of them are annoying to drive. maybe make a improved steering upgrade that makes them adjustable strength and speed for driver to tune in the way they like it. k700/k7m/antarctic/cat745c
- Cat 745c/770g and make both big cats fuel tanks be able to carry water for missions and increase there capacity. give 745c ability to carry cargo on container carrier. give both cats large V12 cat engine with 280k-300k torque unlockable by completing missions in quarry's maybe all quarry missions. give 770g high saddle. and make special trailer usable. and purchasable at trailer store.
5.Azov 42-20 Antarctic. Steering improvements... give it roof rack on cab. increase fuel too 100 gallons. give option to remove Cabin on back for more room for a yellow crane or a longer bed or log loader and carrier front combo. 1 spare tire on back of cab when you remove cabin and lock the diff full time cause with out it it just kinda dumps the power in random wheels. give it more add-on options. give it special antarctic studded tires for ice. lower center of gravity a little.make this beast more of a treat when you finally reach level 30 and can use it.
6.Tatra Phoenix/Force/T813. give them all more add-ons. i like them but never use them cause they are so useless. give them low saddles and cranes at least. give the force a lift! or addaptive suspension cause it just leans forward all the time. and its special ramped towing platform a full suit of repair points and spare wheels make me want to use it! maybe a hair large tires like 53 or 55 with lift and this thing would rock. Phoenix. small lift 50 inch tires optional love its stability more addons. T813 more Addons. just give them all a low saddle and yellow crane and i would use them.
7.Derry 3194 and 4520. 15c. 3194- give option to remove dead axle. giant flat area behind cab. supplies or yellow crane. cool truck. maybe small lift and 55 inch tires. 4520- better engine and lift option with bigger tires like 55s. yellow crane behind cab. large wide tire option like real truck. 15c- lower center of gravity a little. fun truck. give multipurpose gearbox a High range Gear. let it pull a trailer with fire tank on. and let fire tank double as fuel carrier. same for any truck that has water carrier. same size but fuel.
8.Navistar 5000-MV awesome truck. give more exhaust options so i can see lol maybe reduce exhaust make the yellow crane fit with low and high saddle. thing looks solid so give it roof rack supplies. like 20 gallons and 200 repair points and 1 tire. mud tire options. lvl locked switchable diff lock.
9.give all small scouts the ablility to be upgraded to wider axels and 44-50 inch tires so they can actually be used in the worse maps. like if jeep had wider axles and 44-50 inch mud tires upgrades i could actually get around on the worse maps. jeep add carrier around spare for holding fuel and repair points. maybe add similar setups for scouts with spare on back.
10.Paystar5070. give bigger tires with the lift. maybe msh3 and 4 tires for better stability options. maybe another engine option but its power is ok for a truck you can get earlier on but should have late game option.
11.Paystar5600ts. my baby the 10 wheeled thirsty lady. a little bigger fuel tank. or a lot bigger.90-140gallons im a little biased. but small center of gravity improvement it likes to end up on its roof and a spare tire behind cab in the spot between the stairs. cause im always poping tires in this thing. small roof rack. and a High saddle!!! maybe 4 slot cargo bed. give option for van body with yellow crane behind it and low or high saddle if it will fit. :D
12.Loadstar 1700 more options and mud tires one of my favorite scouts. more capacity for bed storage and special vanbody add-on. crane and small bed combo if it will fit. low saddle crane combo roof rack.
13.Voron Grad. cant connect trailer when sideboard bed and crane are on. but there is plenty of room. could push crane and bed forward about a foot. Takes too much suspension damage
14.give zikz 605/mastadon/derry15c medium log carrier
15.Tayga 6455b. turns like a boat. and takes a too much suspension damage.
ive been brain dumping all my random thoughts for 2 hours so this will do. add your opinions and ideas or for the game down bellow. or critique some my change ideas or add your own. :D
2023.05.31 19:26 Frued My Submission For Biggest Money Pit 91
 | submitted by Frued to JeepCherokeeXJ [link] [comments] My pockets are empty. I inherited this 91 from my father a few years back. "Sell your jeep, this one is so rust free, well maintained and loved" he said. Wanting to continue to treat it right, I began a never ending journey of spending every dollar the wife would allow. Countless labor hours, blood, sweat, and profane words later I feel like things are nearing an end. For any of you married to their XJ, get a divorce. All Joking aside, I've mostly enjoyed the work. I grew up in this car, it was my "First Car" before purchasing a 93 wrangler. Somehow it just fits me, I get excited every time I fire it up, and hopefully my son will be able to drive it some day. It may not be the biggest, or baddest XJ out there, but its clean, runs well, and makes me happy. A Brief list of the work done so far:
|
2023.05.31 19:24 mth219 [PS] H: AAffrGhost Flamer W: Offer
![[PS] H: AAffrGhost Flamer W: Offer](https://preview.redd.it/g9whcp10t83b1.jpg?width=640&crop=smart&auto=webp&s=adddec38d0781884f62ac1d3eb108ad0c51830d9 "[PS] H: AAffrGhost Flamer W: Offer") | submitted by mth219 to Market76 [link] [comments] |
2023.05.31 18:34 StocksonHighAlertz NeoVolta Inc. $NEOV Award Winning Battery Storage & Solar Power
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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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
submitted by StocksonHighAlertz to nasdaq [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
2023.05.31 17:57 StocksonHighAlertz NeoVolta Inc. $NEOV Award Winning Battery Storage & Solar Power
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
submitted by StocksonHighAlertz to stockstobuytoday [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
2023.05.31 17:56 StocksonHighAlertz NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
submitted by StocksonHighAlertz to Wealthsimple_Penny [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
2023.05.31 17:54 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Battery Storage and Solar Tech Poised to Take Advantage of Government Incentives, Experiencing Great Growth Right Now
Hello everyone,
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
submitted by SituationLive4406 to Wallstreetbetsnew [link] [comments]
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
2023.05.31 17:35 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Battery Storage and Solar Tech Poised to Take Advantage of Government Incentives, Experiencing Rapid Growth
Hello everyone,
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
submitted by SituationLive4406 to ApesStrongTogether [link] [comments]
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
2023.05.31 16:46 RoaringGorilla Considering Downsizing to a 2024 Maverick
Hello all. I have been following this sub for quite sometime. I am considering ordering the Maverick if/when order banks open in July. I currently own a 2020 Honda Ridgeline Sport AWD (base model without any frills). It is not on loan - I paid cash for it. While I enjoy my Ridgeline, I strongly want to downsize to be able to park inside my garage. However, I do not want to lose the functionality of owning a truck. I like the maverick’s advertised payload capacity. Towing is not a priority in the immediate future, but possibly in the distant future.
If I do order a Maverick, I would be inclined to order the XLT. Regardless of hybrid or Ecoboost, I would include Co-Pilot 360/XLT Lux/remote start/Alto Blue. Undecided on spray-in liner. If I chose the AWD, I would include FX4 (for the rims and gauge cluster upgrades) but I remain unsure of the 4K Tow. I will not be taking out a loan.
The pros of going to the Maverick: - Smaller sized: being able to park inside my garage while I would not lose function of having a truck. - I could have more options than what I have currently such as BLIS/etc. - There would be a significant improvement in fuel economy if I chose the hybrid; a small one if I chose the ecoboost.
My hesitation of going to the Maverick: - No AWD hybrid option. I do not want to lose AWD, but open to it. - Concern of turbo 2.0 oil dilution. I had a 2019 Ranger with the turbo 2.3L that had oil dilution (I understand they are different engines and the 2.0 has had more longevity than the 2.3) - Shady ordering and dealership tactics. I have read all the horror stories. It frustrates me when I read what is happening to others trying to own this vehicle. - The ‘what-ifs’ including 2024 price hikes, a 2025 model refresh, etc.
Apologies for the long post. I simply would appreciate some insight. Thanks in advance.
submitted by RoaringGorilla to FordMaverickTruck [link] [comments]
If I do order a Maverick, I would be inclined to order the XLT. Regardless of hybrid or Ecoboost, I would include Co-Pilot 360/XLT Lux/remote start/Alto Blue. Undecided on spray-in liner. If I chose the AWD, I would include FX4 (for the rims and gauge cluster upgrades) but I remain unsure of the 4K Tow. I will not be taking out a loan.
The pros of going to the Maverick: - Smaller sized: being able to park inside my garage while I would not lose function of having a truck. - I could have more options than what I have currently such as BLIS/etc. - There would be a significant improvement in fuel economy if I chose the hybrid; a small one if I chose the ecoboost.
My hesitation of going to the Maverick: - No AWD hybrid option. I do not want to lose AWD, but open to it. - Concern of turbo 2.0 oil dilution. I had a 2019 Ranger with the turbo 2.3L that had oil dilution (I understand they are different engines and the 2.0 has had more longevity than the 2.3) - Shady ordering and dealership tactics. I have read all the horror stories. It frustrates me when I read what is happening to others trying to own this vehicle. - The ‘what-ifs’ including 2024 price hikes, a 2025 model refresh, etc.
Apologies for the long post. I simply would appreciate some insight. Thanks in advance.
2023.05.31 16:01 khoafraelich789 TOYOTA COROLLA HYBRID 2023 REVIEW: A SENSIBLE UPDATE FOR A SENSIBLE CAR
 | submitted by khoafraelich789 to CarInformationNews [link] [comments] https://preview.redd.it/is9y9m0awq1b1.png?width=1300&format=png&auto=webp&s=95897f4b35009b8cbad6f29053a666be673ef774 Toyota has long had an image of quiet sensibleness about it. They used to be the sort of car bought by those who prioritise reliability above all else, and for whom excitement is anathema. That has begun to change, and not just in the fire-breathing GR models. Outgoing Toyota CEO Akio Toyoda (grandson of the company founder) is a car nut to his fingertips, and waged a long campaign to make his family company’s products more exciting to drive, and to look at. The once-bland Corolla has been a major part of that plan, relaunched in 2019 with sharper styling and a more invigorating driving experience. Now, for 2023, it’s getting a facelift (of the most minor sort) and an upgrade to its hybrid powertrain. Does that make it a more interesting prospect still, or is Toyota once again playing it safe? Exterior design and rivals -ADVERTISEMENT- If you can line up the outgoing Corolla and the new side by side and spot all the differences, you’ll probably win a Toyota-branded anorak. The updated Corolla looks all-but identical to the outgoing one, with only the front bumper, the internal bits of the head- and tail-lights and the back bumper actually new. There are some updated alloy wheel designs, admittedly, and a couple of new paint options including the handsome new ‘Juniper Blue’ finish pictured here. For all its familiarity. the Corolla remains a smart looking car. It can even look enticingly sporty at times, especially in estate form, and especially in the more overt GR Sport trim (not to be confused with the actual GR Corolla hot hatch that British buyers are still denied). The blandness of previous models has been thoroughly banished, and the Corolla is much the better for it. Will that be enough to give the Corolla more kerbside and showroom appeal than the new Honda Civic, or the venerable Volkswagen Golf? Perhaps — impressive though the new Civic is, it is a very conservatively-styled car on the outside, while the droopy-nosed eighth-generation Golf is looking tired already, unless you get a sporty model such as the GTI. Hyundai’s handsome i30 Fastback is arguably the Corolla’s sharpest looking rival, although it currently lacks any kind of hybrid or plug-in hybrid option, while the Skoda Octavia provides a strong contest, as not only is it quietly handsome on the outside, it’s significantly more spacious than the Corolla inside. Interior and practicality Toyota has made more meaningful changes to the Corolla’s interior, but those changes come under the heading of technology, so we’ll cover those below. Elsewhere, the overall shapes and styling are the same as before, and so too are the exceptional quality levels — the Corolla remains a car able to put much more expensive models to shame with its cabin quality. It’s far from the roomiest car around, though. While the front seats are very comfortable and supportive, and the driving position good, the high centre console and the way the dashboard design juts outward above your knees makes the car feel a touch cramped, especially if you’re tall. There’s also a lack of storage space. The box under the front armrest, the door bins and the little shelf in front of the gear lever (which is optionally occupied by a wireless phone charger) are all a bit small, so there isn’t quite enough room for all your keys, wallets, water bottles and so on. In the five-door hatchback there’s simply not enough legroom for one tall adult to sit behind another. If you’re going to accommodate anyone over the age of 13 in the back seats, the driver and front passenger are going to have to slide their seats forward. Headroom is also less than generous. The boot isn’t much better. Even Toyota people will admit that the 361-litre boot is less than class leading, some 20 litres shy of the Golf’s and hundreds of litres smaller than a Skoda Octavia’s. The only upside is that the Toyota’s boot is roomier or at least as roomy as some plug-in hybrid rivals — such as the Vauxhall Astra. You’d be much better off in the Corolla Touring Sports estate. This sits on a structure with the front and rear wheels pushed apart by 10cm and which offers rear space that, if not exactly generous, is at least adequate. The Touring Sport’s boot is more useful, too — at 598 litres up to the luggage cover it’s not the biggest in the class, but it’s more than enough for most purposes. Fold the estate’s back seats flat (disappointingly, they only split 60:40, compared to the 40:20:40 of the Peugeot 308 SW) and you’ve got 1,606 litres of load space. Technology and safety The new 12.3in digital driver’s display is a welcome replacement for the previous mixed analogue and digital instrument panel, which looked tired and old even when it was new. The new digital screen is much sharper, and while you’ll have to submit to a somewhat confusing settings menu to alter the layout, you can at least do so. The graphics look crisp, too. A dramatic backlit side view of the Corolla pops up as you switch driving modes. In the centre of the dash is a new 10.5in touchscreen infotainment system, which is a massive improvement on that of the outgoing Corolla. Its graphics are bang up to date, and its menu layout is significantly more simple and logical. Toyota has helpfully retained physical stereo volume buttons, as well as separate physical heating and ventilation controls, which makes life much easier and safer on the move. The screen includes a cloud-based navigation system that can give you live traffic advice, but which can be a touch laggy and slip behind the physical position of the car if you’re in an area of low mobile reception. The Corolla now has a built-in antenna for internet connectivity, though, which powers that cloud-based nav, and which is free to use for the first four years of ownership. It also enables connection to your mobile phone through an app, which allows you to monitor the car’s various functions, flash the lights in a busy car park so that you can find it and remotely start the climate control so that you can cool the car down, or defrost it, before leaving the house. The app, called MyT, also includes hybrid driving tips for anyone new to part-battery driving. The Corolla already had a full five-star rating from Euro NCAP when it comes to crash safety, but Toyota has updated and upgraded the electronic safety kit under the name T-Mate. That upgrade includes a new forward-facing camera and radar that are claimed to be more effective than before, and which give the Corolla standard-fit adaptive cruise control. The camera also allows for a new system called Proactive Driving Assist (PDA) — while this has some familiar functions such as collision warnings, it also includes a new active braking system that automatically ramps up the amount of energy recovered back into the battery when you lift off the accelerator while approaching a corner or when there’s a slower moving car in front. It’s not quite ‘one-pedal’ driving, but it’s quite a useful and intuitive system that is backed up by a new active steering assistant that can help you swerve away from danger in an extreme situation. Optionally, you can fit your Corolla with a blind-spot monitor and a rear cross-traffic alert, and with these systems comes an extra one — Safe Exit Assist, which warns you if you’re about to open a door into the path of an oncoming cyclist. It only works on the front doors, though, and unlike Hyundai’s system — which will actually inhibit the door latch to stop you opening it — the Corolla just has a flashing light and a warning beep. Performance, power output and acceleration While the engine capacity of the basic 1.8-litre Corolla hybrid has remained the same, Toyota says that has been significantly upgraded as part of its new fifth-generation hybrid setup. For the 1.8, that means a new, more efficient, lithium-ion battery and a more powerful — 94bhp and 136lb ft of torque — electric motor, as well as a new computer brain. The effect of all that is higher peak power — 138bhp now, up from 121bhp previously — and the same or better efficiency. The 2-litre version also gets more power — it’s now up to 193bhp — and it’s slightly lighter than before as it has switched from a nickel metal hydride battery to a lithium-ion pack. The 1.8 version arguably makes the 2-litre model redundant, as its extra power is really only noticeable under hard acceleration and that’s just not how you drive a Corolla hybrid. Much better to accelerate relatively gently, and let the improved electric motor do more of the work. Do that and you’ll not only save fuel (55mpg is easy, beyond 60mpg is certainly possible), but you’ll also save your ears. Toyota has worked hard — and largely successfully — over the years to remove from its hybrids the high-revving noise when accelerating, and it’s certainly noticeable that the Corolla spends less time grinding away at high rpm to gather speed on the motorway. Long uphill runs are not its friend, but noise levels are rarely excessive in day-to-day driving. The extra power on offer has given the Corolla swifter 0-62mph times — 9.1 seconds for the 1.8, 7.4 seconds for the 2-litre, but you’ll need to be in Sport mode if you want to feel the system at its highest performing. In the more likely event that you’re driving in Normal or Eco modes, the Corolla’s hybrid engine just rows along nicely, if unspectacularly. It’s certainly more noticeable how much more of the work is done by the electric motor than before. Not so long ago, you had to drive any Toyota hybrid with exceptional care to keep it running on electric power – as indicated by a little “EV” icon in the instruments. Now, you can accelerate quite decisively, and get well above 30mph before the petrol engine wakes up. Toyota reckons that as much as 80 per cent of urban journeys in a Corolla can be done on just electric power, which is impressive if it can be replicated (we scored an apparent 50 per cent electric ratio on our mixed country road, motorway and town drive if the dashboard display is to be believed). Ride and handling In 2019, the Corolla was almost shocking in how nice it was to drive. Previous generations had been pretty forgettable, but with this 12th generation, suddenly there was sharp steering and a willing, engaging chassis. That carries forward to the updated model. Comfort is still clearly more of a priority than excitement. The Corolla rides firmly, but with a well-damped sense of comfort. It only gets harsh if you spec it up with the 18in alloy wheels of the GR Sport models. The mid-spec 17in wheels are perfectly fine when it comes to comfort, although all Corolla models seem to suffer from too much tyre roar on coarse tarmac, which does spoil the refinement. The steering is light but very fluid in feel and quite quick across its locks. The Corolla also seems to have plenty of front-end grip in reserve, so tightening corners hold no great fears. It’s not as sharp in its steering feel as say a Ford Focus or a Mazda3, but it’s certainly satisfying, and on a twisty mountain road it’s easy to get the Corolla into a pleasant and enjoyable rhythm, sweeping from corner to corner. That Proactive Driving Assist also helps, as the extra bit of regenerative braking when approaching a bend can help you better balance the car on corner entry, so it’s as much a driving aid as a safety and energy-saving feature. Pricing and on-sale date The Corolla is on sale now and prices start from £30,210 for an Icon spec hatchback with the 1.8-litre hybrid engine. Standard spec for Icon models includes 16in alloys, LED headlights, the 12.3in digital instrument screen, the 10.5in infotainment system with online connectivity and cloud-based navigation, a wireless phone charger, keyless entry and ignition, two-zone air conditioning, a reversing camera, front and rear parking sensors and heated front seats. If you want the 2-litre engine in Icon form, that’ll cost you £31,955 while the Touring Sports estate costs £31,545 with the 1.8 engine, or £33,290 as a 2-litre, both in Icon spec. For £31,780 you can upgrade your 1.8 hatchback to Design spec, which comes with 17in machined-look alloy wheels, uprated LED headlights, rear privacy glass, auto-folding door mirrors, rain sensing wipers, ambient cabin lighting and a self-dimming rear-view mirror. A 2-litre hatch in Design spec costs £33,525, while the estate 1.8 Design is £33,115 and the 2-litre Design is £34,860. Sporty-looking GR Sport spec starts from £32,990 for the 1.8 hatchback (£34,735 for the 2-litre and £34,705 or £36,450 for the 1.8 and 2-litre Touring Sports respectively). For that you get a chunky body kit with unique front and rear bumper designs, 18in dark grey alloys, black door mirror caps, red contrast stitching for the inside (along with embossed GR Sport logos) and the option of a contrast-colour roof. At the top of the range is the Excel model, which will set you back £33,400 for the 1.8 hatch; £35,145 for the 2-litre hatch; £35,115 for the 1.8 estate; or £36,860 for the 2-litre estate. Standard Excel equipment includes 18in alloys, adaptive high-beam control, leather upholstery, a head-up display, blind-spot monitor, rear cross-traffic alert, safe exit assist and the option of a panoramic glass sunroof. Verdict: Toyota Corolla Hybrid review The fact that Toyota hasn’t changed the Corolla much is perhaps not very surprising. After all, in 2021, the 50 millionth Corolla was sold, underscoring the success of the model’s history of steady evolution rather than stunning revolution. It remains a sensible choice, and the upgrades to the hybrid system are welcome both for the extra power and for the still-excellent economy. It’s no high-performance ball of fire but the Corolla is sharper and more rewarding to drive than you might expect. Given Toyota’s well-earned reputation for reliability, it should be a satisfying car to own in the long term. Source: driving co |
2023.05.31 15:47 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Battery Storage and Solar Tech Poised to Take Advantage of Government Incentives, Experiencing Rapid Growth
Hello everyone,
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
submitted by SituationLive4406 to wallstreetbets2 [link] [comments]
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
I'll be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
Disclaimer
2023.05.31 15:45 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
submitted by SituationLive4406 to BroadStreetBets [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
2023.05.31 15:44 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
submitted by SituationLive4406 to SmallCapGrowth [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
2023.05.31 15:40 SituationLive4406 NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
submitted by SituationLive4406 to BreakoutStocks [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
Disclaimer
2023.05.31 15:39 StocksonHighAlertz NeoVolta Inc. (NASDAQ: $NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Hello everyone and welcome to our new members,
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team
submitted by StocksonHighAlertz to OnesqueezeDD [link] [comments]
As mentioned yesterday, we hope everyone had a great and safe long weekend. We have a strong conviction on this one. The tech appears solid and the need for these systems is on the rise.
Your Coming Summer of Blackouts The grid monitors say two-thirds of the U.S. risks electricity outage. -WSJ
US power grids vulnerable to extreme heat conditions this summer, NERC says -Reuters
Next Gen Battery Storage and Solar Power for Industrial and Residential Use
NeoVolta Inc. (NASDAQ: NEOV) Poised to Take Advantage of Government Incentives, Impressive Management and Experiencing Rapid Growth
Current Price $2.80/Share Public Float 28.28M Shares Held by Insiders and Institutions 18.07% - Source Yahoo Finance
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.
Award Winning Technology
The NV14 system has been named one of Solar Power World’s Top Solar Storage Products for 2022. This marks the fourth consecutive year the NV14 has received the award from Solar Power World, one of the solar industry’s leading media outlets.
How it Works
Engineered For Safety With Iron, Not Ion Home Energy Storage Built with Safer Lithium Iron Phosphate Built with Lithium Iron Phosphate [LiFe(PO4)] Longer-lasting and safer battery technology
Non-toxic, cobalt-free energy storage Built for Stability Non-toxic, with superior thermal and chemical stability
NeoVolta Is Built with Safer Lithium Iron not Lithium Ion with Cobalt Built specifically for solar energy storage Batteries are designed for homes, not for cars
NV14 has a higher temperature tolerance than Lithium-Ion batteries Under extreme heat, Iron outperforms Ion
No Maintenance Costs Required 10 year warranty
Built with longer-lasting IRON, not ION 13,896 Wh X 365 days x 10 years 50,720 kWh lifetime throughput
Floor or Wall Mounted Easy Installation Weatherproof and installs in a garage or on the side of a home.
Remote Monitoring They monitor the health of the system so you don't have to.
VIDEO: See How the NeoVolta NV14/NV24 Work
NeoVolta’s NV14 is the first Lithium Iron Energy Storage System to be approved by the California Energy Commission. It seamlessly powers up to 16 breakers and 32 amps of continuous power through peak rates or grid outages.
Connect to DC solar installations without any external inverters or to AC solar installations via String or Micro Inverter.
The rapid auto transfer switch, ensures that even when the grid goes down, power remains uninterrupted.
Recent News
NeoVolta’s Backup System Saves MDX Labs’ Lifesaving Medications During Multiple Grid Outages
- Commercial Battery Backup System Has Prevented the Loss of MDX’s Critical Functions and Thousands of Dollars in Inventory During Numerous Power Failures
SAN DIEGO, May 09, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has kept MDX Labs protected during multiple grid outages with reliable battery backup. Thanks to NeoVolta, the laboratory’s critical functions (refrigeration, server, and lights) have kept running, saving thousands of dollars while sustaining lifesaving medications and vaccines.
Founded in 2020, Henderson-based MDX Labs is the top privately held molecular and clinical diagnostic laboratory in the state of Nevada. MDX provides on-site testing services to a range of manufacturers, casinos, entertainers, restaurants, and nonprofit organizations, and it is the official overflow laboratory for the Southern Nevada Health District.
MDX Labs houses large quantities of vaccines, patient samples, and medications that require refrigeration. When grid outages occurred in the past, MDX would often lose tens of thousands of dollars in product and face periods of product unavailability while awaiting restock. In late 2021, MDX began searching for a battery backup system and discovered NeoVolta, which features a clean lithium iron phosphate battery and a hybrid inverter that can accept 208-volt power connections. NeoVolta can also charge from the power grid, eliminating the need for solar installation. In March 2022, MDX Labs installed NeoVolta’s NV14 Energy Storage System.
“Being able to support commercial facilities that are powered with 208-volt electricity is an amazing capability. Transformers are not required, which saves customers thousands of dollars and eliminates loud equipment that gives off radiant heat,” said Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, especially considering the cost and consequence of an outage that would result in the loss of vital medical supplies and medications. We are thrilled to be partnering with MDX, a world-class clinical diagnostic laboratory.” FULL ARTICLE
NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
- Offering Flexible Options for Consumers to Pay for Battery Storage
- NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
SAN DIEGO, May 04, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, has partnered with the sustainable home improvement finance platform GoodLeap to make solar energy storage as affordable as possible for more homeowners.
GoodLeap will finance standalone NeoVolta Energy Storage System (ESS) installations with or without solar panels. They offer flexible terms and highly competitive rates. As of 2022, GoodLeap was the number one financing platform, responsible for 26% of the entire U.S. residential solar market.
To apply, homeowners can coordinate with their installer on costs and then complete an online application. The process is fast and easy, and the underwriting is very flexible so that more homeowners get approved. Finally, GoodLeap has a strong reputation for exceptional customer service, with phone calls answered live by experienced solar professionals.
“GoodLeap’s low financing rates will allow more homeowners to enjoy years of utility savings and long-lasting blackout protection with NeoVolta energy storage,” said CEO Brent Willson, CEO of NeoVolta. “Our energy storage solutions are a very smart investment, and it’s never been easier to get started. With GoodLeap financing, NeoVolta’s market is opening to a much bigger audience. We are thrilled to be partnering with a world-class provider of sustainable home improvement financing.”
The partnership with GoodLeap is expected to help fuel NeoVolta’s continued success in the rapidly growing home energy storage market.
Devastating power outages throughout the country, caused by wildfires, extreme weather, and an increasingly unstable grid system, have underscored the urgent need for home backup power.
NeoVolta storage systems are designed for safety and performance. They use lithium iron phosphate battery chemistry, the nonflammable and nontoxic alternative to lithium ion. NeoVolta’s flagship NV14 energy storage system has a very high storage capacity of 14.4 kilowatt-hours, expandable to 24.0 kWh with the optional NV24 battery—without the expense of a second inverter. The system’s inverter discharges 7.7 kilowatts of instantaneous power, more than most mainstream competitors.
For its superior safety, performance and compatibility with any solar system, new or existing, the NV14 has been named one of Solar Power World’s top storage products four years in a row. FULL ARTICLE
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
- NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years
- NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers
SAN DIEGO, March 14, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that its systems will be deployed in more than 400 Orthagenex treatment centers nationwide. This is part of a rollout of NeoVolta batteries in thousands of American Development Partners (ADP) properties across the country over the next several years.
Together with ADP, NeoVolta will provide energy storage systems and intelligent power management for Orthagenex’s cutting edge regenerative medicine treatments centers. These 400 builds over the next seven years will be equipped with NeoVolta’s NV14 and NV24 Energy Storage Systems. The clean solar energy stored in the NeoVolta batteries will be used to dramatically reduce electric bills and serve as a backup in the event of a power loss.
American Development Partners developer Manny Butera said, “At ADP, we work with companies who innovate. NeoVolta’s advanced energy storage product is a perfect fit for the properties we are developing. We are thrilled to continue our close relationship with NeoVolta.” FULL ARTICLE
NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
- Additional $630 Million in California State Funding Set Aside to Support Residential Low-Income Solar Plus Storage Adopters
- NeoVolta Poised for California’s NEM Incentives to Pair Solar with Battery Storage
SAN DIEGO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, announced today that it expects California’s recently updated Net Energy Metering (NEM) program to drive increased demand for energy storage systems.
On December 15, 2022, the California Public Utilities Commission (CPUC) issued a decision to update the NEM tariff to promote consumer adoption of solar and battery storage. The program will go into effect on April 13, 2023. According to the CPUC, the move was designed to financially incentivize Californians to install both battery and solar systems.
The CPUC stated that the current NEM 2.0 program was not aligned with California’s grid reliability and climate goals, noting that the increased use of electricity between 4 and 9 p.m. causes dependence on fossil fuel gas plants to meet the demand. With the battery storage incentive, the CPUC hopes to see an increased adoption of residential energy storage that will better support the needs of the grid, with customers saving self-generated solar energy for use in the evening hours.
An additional $630 million in state funding has been set aside by the California State Legislature for residential low-income solar plus battery storage adopters. The decision bolsters federal incentives provided by the Inflation Reduction Act for solar and battery storage.
It’s important to note that NEM 3.0 is not retroactive. Rooftop solar systems installed under NEM 2.0 will remain under that policy for a 20-year grandfathering period. This means existing rooftop solar owners who add a battery after the April 13 deadline will not be subject to NEM 3.0.
“We expect that NEM 3.0 will make Californians more aware of their energy consumption, encouraging them to conserve energy and pair rooftop solar systems with battery storage,” said NeoVolta CEO Brent Willson. “Californians who adopt this strategy will dramatically reduce their electrical bills while increasing their energy resiliency during periods of prolonged blackouts, fires, and flooding.”
California’s vast solar plus storage market has a dramatic impact on the grid. California has about 12 GW of distributed solar generation already installed, equal to nearly 25% of peak demand statewide. California also has more than 80,000 customer-owned batteries connected to the grid, with a storage potential of 900 MW, according to a September 2022 study by the California Solar & Storage Association. FULL ARTICLE
Homebuilder Rebates and Savings
Starting 2020: California Requires Solar On New Construction Each NeoVolta NV14 Could Save Builders $8,500+ (Equipment & Rebates)
Impressive Management
Brent Wilson, CEO
Brent Willson is a retired USMC Colonel with 30+ years of experience, who managed $100B aviation acquisition portfolio for the Defense Department. Brent is passionate about clean energy and providing battery energy storage solutions to consumers that provide the comfort of black out protection and the ability to offset increasing grid costs, with the solar power they produce.
NeoVolta Directors & NeoVolta Advisory
An older investor presentation (2019) but still relevant.
We will be back with more soon on NeoVolta Inc. (NASDAQ: NEOV)
The Team