San Diego, CA, June 10, 2020 – NEOVOLTA INC. (OTCQB: NEOV) – NeoVolta, manufacturer of the NV14 and NV24 home solar storage systems, has appointed Dan Briggs to its Board of Advisors. Briggs is the President and CEO of Pegasus Group Holdings and PMP Energy, both based in Henderson, Nevada. PMP Energy recently signed an exclusive three-year agreement, valued at up to $15 million, to provide dealers with training and certification to install NeoVolta systems in homes.
As CEO and a majority shareholder of Pegasus Group Holdings, Briggs oversees a portfolio that includes the “Hive” microgrid project located in Mohave County, Arizona. Once completed, it will be one of the largest renewable energy microgrids in the U.S., and it is the largest privately funded project in Arizona history. Briggs joined Pegasus as CEO and President following the successful M&A transaction with Plus Minus Power, of which he was Founder and CEO.
Prior to that, Briggs served as President of DC Solar Freedom. There he directed the company’s robust expansion into vital markets such as Phoenix, Columbus, and Orlando. He developed key business relationships with Paul G. Allen Philanthropies, the U.S. Department of Transportation, and the Electrification Coalition, among others, to drive rapid expansion in the electric vehicle charging market.
Briggs will lend his strategic expertise in renewables to NeoVolta’s positioning in the residential solar storage market. NeoVolta energy storage systems save a home’s self-generated solar power in a battery for later use. The stored energy can be used in the evening, when peak utility rates are often twice as high, or as critical backup power if the grid goes down.
The NV14 battery and optional NV24 add-on have been installed in homes across Southern California, and NeoVolta is now expanding into Northern California, Nevada, and Arizona.
“NeoVolta is an innovator and a rapidly emerging star in home solar storage,” said Briggs. “The company is uniquely positioned to deliver significant value and energy resilience for homeowners, and I look forward to being part of that.”
Before entering the renewable energy sector, Briggs enjoyed an eight-year tenure with MGM Resorts International, where he served as executive director of national marketing.
He also served as a key member of the advance team for President George W. Bush during the first U.S.-Russia summit with Vladimir Putin, held in St. Petersburg, Russia.
He holds an undergraduate degree from Pepperdine University and a master’s degree from Stanford University, as well as a law degree.
“Throughout his career, Dan Briggs has distinguished himself in top leadership positions,” said Brent Willson, CEO of NeoVolta. “Dan brings a wealth of experience in the public and private sectors, and he will be vital to NeoVolta’s continued growth.”