Willson talks about growth, doubling production capacity, competitive advantage and the future of energy storage
SAN DIEGO, November 30, 2021 (GLOBE NEWSWIRE) – NeoVolta Inc. (OTCQB: NEOV) – CEO Brent Willson recently attended the Freelancer Finance investor podcast to talk about NeoVolta’s intelligent energy storage solutions. Willson shared his insights into the company’s growth and manufacturing capacity, today’s competitive landscape in energy storage, and the many benefits of NeoVolta systems for residential buildings. The interview can be viewed in full at https://youtu.be/d-Od3_dQty8.
Speaking to hosts Vitaly Bokser and Carlos Almonte, Willson noted that year-over-year sales have more than doubled and that NeoVolta can double production capacity every three months if necessary. Willson added that the company continues with system updates roughly every three months. He also discussed future trends such as the mandatory solar power and battery storage in new buildings.
Willson said US households’ energy needs are skyrocketing as millions of Americans charge electric cars at home and work and study remotely. While acknowledging the competition, Willson points out several advantages of NeoVolta storage systems that set them apart:
Willson noted that NeoVolta’s installation network continues to expand nationwide. Installers can be certified in about a month while some competitors take many months. Installers also love the easy setup of NeoVolta’s all-in-one systems.
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Finally, Willson commented that they are on track with their future growth goals and will continue to innovate with plans to introduce new products and features.
“Freelancer Finance was a great platform to tell viewers about the exciting things that are happening at NeoVolta,” said Willson. “I enjoyed the opportunity to discuss the acute need for energy storage and how NeoVolta is meeting this challenge. Many thanks to Vitaly and Carlos for taking me in. “
About NeoVolta – NeoVolta designs, develops and manufactures energy storage systems that reduce your electricity bill and keep your home running even if the grid fails. With a focus on safer lithium iron phosphate (LiFe (PO4)) chemistry, the NV14 is equipped with a solar chargeable 14.4 kWh battery system, a 7,680 watt inverter and a web-based energy management system with 24/7 monitoring. By storing energy instead of feeding it into the grid, consumers can protect themselves from power outages, avoid expensive peak electricity tariffs that are charged by energy suppliers when the solar modules are not producing, and come one step closer to being independent of the grid. Customers can expand the capacity of the NV14 to an industry-leading 24.0 kWh with the optional NeoVolta NV24 auxiliary battery. NeoVolta has added generator compatibility and is working on other industry-leading improvements that will be announced shortly.
For more information visit: http://www.NeoVolta.com Write us an eMail: IR@NeoVolta.com or call us: 858-239-2029
Forward-looking statements: Some of the statements in this press 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 that involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the future performance, reliability, and safety of the NeoVolta’s NV14 storage system and the NV14’s ability to be successfully incorporated into residential emergency generators. Although NeoVolta believes that the expectations expressed in such forward-looking statements are reasonable as of the date of publication, expectations may differ materially from the results expressed or implied in such forward-looking statements. NeoVolta has attempted to identify forward-looking statements by using terminology including ” believes’ ” ‘estimates” ” anticipated ” ” expected ” ” plans’ ” ‘projects” ” intends’ ” ‘potentially’ ” ‘could’ ” ‘could’ ” ‘could’ ” ‘be’ ” ‘should’ ” ‘approximately’ ‘or other words that convey uncertainty about future events or results about these forward-looking statements to identify. These statements are predictions only and involve known and unknown risks, uncertainties and other factors, including those discussed in the “Risk Factors” section of NeoVolta’s Form 1-A filed and updated by NeoVolta From time to time in his other public filings with the SEC. All forward-looking statements in this press release speak for the date only. NeoVolta assumes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances that occur after their date or to reflect the occurrence of unforeseen events.