NeoVolta Approved for Partnership by GoodLeap, the Top U.S. Financer for Solar and Sustainable Tech
04 Mai 2023 - 4:37PM
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.
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.
For more information visit:
http://www.NeoVolta.com email us:
IR@NeoVolta.com or call us:
858-239-2029
GoodLeap is America's leading digital marketplace for
sustainable solutions, delivering a technology-driven financing
experience that is simple, fast, and frictionless. The company's
proprietary point-of-sale platform is actively used by more than
18,000 home improvement professionals, creating an efficient
channel for financial institutions to deploy capital in
high-performing ESG assets. GoodLeap has mobilized over $19 billion
financing for sustainable upgrades since 2018, empowering countless
consumers to live a more sustainable lifestyle. GoodLeap is a proud
partner of GivePower, an international nonprofit organization
committed to deploying solar-powered clean water and clean energy
systems to communities in need around the world. To learn more
about GoodLeap, visit, follow and connect with us at
goodleap.com.
Forward-Looking Statements:
Some of the statements in this release are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934 and the
Private Securities Litigation Reform Act of 1995, which involve
risks and uncertainties. Forward-looking statements in this press
release include, without limitation, the future performance,
reliability and safety of NeoVolta’s NV14 storage system and the
ability of the NV14 to be successfully integrated with residential
backup generators. Although NeoVolta believes that the expectations
reflected in such forward-looking statements are reasonable as of
the date made, expectations may prove to have been materially
different from the results expressed or implied by such
forward-looking statements. NeoVolta has attempted to identify
forward-looking statements by terminology including ''believes,''
''estimates,'' ''anticipates,'' ''expects,'' ''plans,''
''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,''
''might,'' ''will,'' ''should,'' ''approximately'' or other words
that convey uncertainty of future events or outcomes to identify
these forward-looking statements. These statements are only
predictions and involve known and unknown risks, uncertainties, and
other factors, including those discussed under the "Risk Factors"
section of NeoVolta’s Form 1-A filing filed with the Securities and
Exchange Commission ("SEC") and updated from time to time in its
other public filings with the SEC. Any forward-looking statements
contained in this release speak only as of its date. NeoVolta
undertakes no obligation to update any forward-looking statements
contained in this release to reflect events or circumstances
occurring after its date or to reflect the occurrence of
unanticipated events.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/91e8e692-6213-4bc3-ae3f-4b1dbc74f728
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