NeoVolta CEO Ardes Johnson Gives Expert Testimony to the US International Trade Commission Advising on Favorable Domestic Renewable Energy Policies
17 Mai 2024 - 2:45PM
(NASDAQ: NEOV) – NeoVolta Inc., a San-Diego based leader in
smart energy storage solutions, announces that Ardes Johnson, CEO
of NeoVolta, Inc. was called as an expert witness to testify and
advise the U.S. International Trade Commission in Washington, D.C.
on protecting U.S. manufacturing against unfair trade practices,
particularly in the renewable energy space.
The USITC is mandated by congress with broad investigative
responsibilities on matters of trade. The agency investigates the
effects of dumped and subsidized imports on domestic industries and
conducts global safeguard investigations.
The Commission also adjudicates cases involving imports that
allegedly infringe intellectual property rights. Through such
proceedings, the agency facilitates a rules-based international
trading system. His testimony will help promote advantageous US
policy for companies like NeoVolta to develop product and
manufacturing capabilities within the Country.
For more than a decade, Mr. Johnson has been considered an
expert in renewable energy and is frequently called upon to
represent the industry in the field of manufacturing and supply
chain security. Johnson joined NeoVolta from Meyer Burger Americas,
where, as President and General Manager, he spearheaded the
company’s expansion in the Americas, achieving a multi-gigawatt
backlog of over $1 billion dollars and is scaling to 2 gigawatts
per year of manufacturing in just 18 months.
Prior to Meyer Burger, Johnson served as Director of Americas
Sales and Marketing for Tesla’s Energy Products division. Johnson
was instrumental in the development and success of Tesla’s energy
storage solutions, where he launched the partner channel program
for the PowerWall and PowerPack products in the Utility,
Residential and Commercial Markets. His leadership helped secure a
landmark 80 MWh storage contract with Southern California
Edison.
Johnson, a U.S. Navy Veteran said: “Our goal is to position
NeoVolta as a premier U.S. based manufacturer. Our strategy is to
ensure that there is a level playing field in energy storage. Yes
we have a global supply chain strategy, but we also understand the
criticality of ensuring sustainable solutions that are created
through jobs right here in the U.S.”
About NeoVolta - NeoVolta designs, develops,
and manufactures advanced energy storage systems that offer
efficient and reliable solutions for residential and industrial
applications. The company’s flagship product, the NV14, is designed
with a focus on safety using non-toxic, non-flammable LiFe(PO4)
battery chemistry. The NV14 features a high-capacity 14.4 kWh
storage system, a robust 7,680-watt inverter, and a cutting-edge
web-based management system, making it one of the leading choices
for sustainable energy storage nationwide.
For more information, please visit www.NeoVolta.com
For more information visit:
http://www.NeoVolta.com email us:
IR@NeoVolta.com or call us:
858-239-2029
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.
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