San Diego, CA, October 4, 2022 – NeoVolta Inc. (NASDAQ: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, today announced that its systems will be deployed in over 750 free standing pain management clinics. This initial phase of installations is part of an expected nationwide rollout of NeoVolta batteries in 1,000s of American Development Partners (ADP) properties across the country over the next four years.
Being elected by ADP as its exclusive Energy Storage System for its commercial developments sets a new precedence for NeoVolta and its utility. This opens an entire new market, the small to mid-size commercial building, and further underscores the value being recognized in NeoVolta.
“Selecting NeoVolta as our battery system became an obvious choice once we took the time to evaluate the marketplace,” said American Development Partners, Founder and COO, Manny Butera. “At ADP we always are on the forefront of quality, dependability, and safety. NeoVolta’s product exemplifies those traits.”
Together with American Development Partners, NeoVolta will provide energy storage systems and intelligent power management for buildings across the country. The clean solar energy stored in the NeoVolta battery can be used to mitigate the electric bills and act as backup in case of a power loss.
“We are proud to have been selected by ADP as their ESS provided in their ongoing and future developments,” said Brent Willson, CEO of NeoVolta Inc. “They have an incredible pipeline of development and the opportunity to yet again expand the use of NeoVolta in such a large way is something the entire team takes pride in.”
The NeoVolta systems provide high storage capacity and power output, along with high-cycle battery life. Engineered with a lithium iron phosphate battery chemistry, these systems are a safe, nonflammable alternative to ordinary lithium-ion batteries. In 2022, NeoVolta was recognized by Solar Power World’s Top Solar Storage Products for the third year in a row.