NeoVolta's New Patent-Pending Technology Provides an Additional Power Option During Grid Outages
April 21 2021 - 6:00AM
InvestorsHub NewsWire
NeoVolta's New Patent-Pending Technology Provides
an Additional Power Option During Grid Outages
Generator Integration Patent Gives
Homeowners Another Source of Backup Protection
San Diego, CA -- April 20, 2021 -- InvestorsHub
NewsWire -- NeoVolta Inc. (OTCQB: NEOV) – NeoVolta
Inc.,
manufacturer of Smart Energy Storage Solutions, has developed a
patent-pending
technology
for
converting a backup
generator's 240-volt Alternating
Current (AC) power output to
Direct Current
(DC).
This device gives NeoVolta customers an
additional generator option,
further
extending the
charge of the NV14 storage battery during
a grid
outage. The unit does not require any
special modifications, making it a very simple and
inexpensive
option compared to the cost of "stacking" additional storage
batteries.
The technology
capitalizes
on
NeoVolta's
ability to
integrate
with any residential backup generator and its compatibility with either AC or DC solar panels.
Because
most customers have AC solar, the DC solar
input would typically go unused. With this device,
an
AC
generator can be
connected to the DC solar input. The unit tested successfully under
every condition used to evaluate it, and the patent filing was recorded
by the U.S. Patent and Trademark Office on March 1,
2021.
"During an extended power
outage, NeoVolta's high-capacity
storage system will last even longer
by integrating
backup generators," said CEO Brent
Willson, CEO of NeoVolta. "This power converter
is
a very promising
breakthrough that gives our customers an additional
source
of
protection."
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,
AC or
DC—the
NV14 has been named one of Solar
Power World's top storage products two years in a
row.
About
NeoVolta - NeoVolta designs, develops
and manufactures utility-bill reducing residential energy
storage systems capable of powering your home
even when the grid goes down. With a focus on safer Lithium-Iron
Phosphate (LiFe(PO4)) chemistry, the 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. By storing
energy instead of sending it back to the grid, consumers can
protect themselves against blackouts, avoid expensive peak demand
electricity rates charged by utility companies when solar
panels are
not producing, and get one step
closer to grid independence. Customers can expand the
NV14's capacity to an industry-leading 24.0 kWh with the optional
NeoVolta NV24 add-on battery. NeoVolta has added generator
compatibility and is working on other industry leading improvements
that will be announced soon.
For more
information visit: 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.