NeoVolta Inc. has entered into a joint venture with PotisEdge and receives strategic support from LONGi Green Energy to establish NeoVolta Power, LLC, a U.S.-based battery energy storage system $(BESS)$ manufacturing platform. NeoVolta holds a 60% controlling interest in the venture and will oversee product strategy, commercialization, and customer engagement, while PotisEdge contributes 20% ownership and manufacturing expertise. The remaining 20% is held by a group of strategic investors, with Infinite Grid Capital anchoring a $13 million private placement to support initial funding. The joint venture aims to address growing demand in utility-scale and commercial & industrial energy storage markets, leveraging domestic manufacturing to deliver scalable, reliable solutions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NeoVolta Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9625470) on January 14, 2026, and is solely responsible for the information contained therein.
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