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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 SAN DIEGO, March 14,

articleNeovolta Inc.March 14, 20233/company/neovolta-inc-common-stock/news/neovolta-selected-to-provide-american-development-partners-with-energy-storage-for-more-than-400-regenerative-treatment-centers
NeoVolta Selected to Provide American Development Partners with Energy Storage for More Than 400 Regenerative Treatment Centers

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[{"type":"text","content":"NeoVolta’s Energy Storage and Intelligent Power Management Will Be Deployed in Treatment Center Builds Nationwide Over Next Seven Years\nSAN 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.” The long-lasting NV14 is recognized as one of the most affordable residential storage solutions in the U.S. on the basis of cost per kilowatt-hour. In February 2023, the NV14 was named one of Solar Power World’s Top Solar Storage Products for the fourth year in a row. Engineered for safety with clean, non-combustible lithium iron phosphate chemistry, the system features a high storage capacity of 14.4 kilowatt-hours (expandable to 24 kWh with the optional NV24 add-on battery) and a powerful 7,680-Watt inverter. It is compatible with AC or DC solar panels and can be integrated with residential backup generators. “American Development Partners has a very robust portfolio and a proven track record,” said NeoVolta CEO Brent Willson. “We are proud to have earned their trust and excited to be a cornerstone of their smart energy strategy.” In 2022, NeoVolta was also chosen as the energy storage solution for EOS Linx’s national network of electric vehicle charging stations. About NeoVolta - NeoVolta designs, develops, and manufactures advanced energy storage systems for both residential and industrial use...

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