NEOV | Market Cap: $154.0M (10/12/26)
Industry:
Renewable & Alternative Energy

DESCRIPTION

NeoVolta designs and manufactures energy storage systems for residential, commercial, and utility customers. The company's core products combine lithium iron phosphate batteries with integrated inverters, allowing customers to store solar energy for backup power and electricity bill management. NeoVolta operates across three segments: Residential, Commercial & Industrial, and Utility-Scale. In the residential market, the company offers modular battery systems, such as the NV14, NV24, and NVWAVE, selling primarily to independent solar installers and regional distributors. NeoVolta operates a made-to-order manufacturing model for its residential business, assembling certain products at its California facility while using contract manufacturing partners for others. In the commercial segment, NeoVolta provides larger battery energy storage systems for demand-charge management. Through its majority-owned joint venture, NeoVolta Power, the company is expanding into utility-scale storage by developing a dedicated manufacturing facility in Georgia to produce battery cells and systems at scale.

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