NeoVolta, a home solar power storage provider, announced its increased expansion in New Mexico through a six-figure agreement. This deal involves installing NeoVolta NV14 batteries in newly constructed homes throughout the state. The company's foray into New Mexico forms part of its broader expansion strategy across the United States.
Let's delve into NeoVolta's recent achievements and offerings. NeoVolta's NV14 system secured its position as one of Solar Power World's Top Solar Storage Products for the third consecutive year. The system's affordability was also recognized in EnergySage's April 2022 report, further establishing NeoVolta's presence in the solar battery market. Now expanding its footprint to New Mexico, NeoVolta has already made installations in California, Arizona, Nevada, Utah, Oklahoma, Georgia, Florida, Texas, Colorado, Tennessee, Alabama, Kentucky, Illinois, Wyoming, and the territory of Puerto Rico according to a press release by NeoVolta.
As for their entrance into the New Mexico market specifically, "This order is the first of what we expect to be many follow-on orders over the coming years and indicates strong demand for NeoVolta’s energy storage products with New Mexico being the latest state to embrace our solar batteries," said Brent Willson CEO of NeoVolta according to a press release by NeoVolta. "Our all-in-one NV14 storage system provides safe reliable backup power during an outage when you need it most. And during normal conditions it’s the perfect solution for escaping skyrocketing utility costs. A key decision factor in selecting NeoVolta is our UL 9540A battery certification as well as the ability to couple with DC solar meaning the NV14 battery is a No Fire solution that’s also more efficient than the competition."
Founded only a few years ago, NeoVolta has a notable history and commitment to safety. NeoVolta was founded in 2018 by Willson in Poway California and specializes in designing, developing, and manufacturing residential energy storage batteries. The NV14 battery's safety features include utilizing a rechargeable Lithium Iron Phosphate battery significantly reducing the risk of fire incidents. The system also offers its customers the ability to switch between AC DC and AC/DC power according to the About webpage provided by NeoVolta.