Expion360 (XPON) said Thursday it has launched its e360 Home Energy Storage Solutions and started fulfilling orders for Wellspring Solar.
The LiFePO4 battery-based HESS supports homes and small businesses in building stable micro-energy grids, the company said.
California's Self-Generation Incentive Program and federal tax credits under the Inflation Reduction Act can benefit HESS, Expion360 CEO Brian Schaffner said.
The shares of Expion360 were up nearly 41% in recent trading.
Price: 3.36, Change: +0.97, Percent Change: +40.59
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