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NeoVolta Expands Market Reach with New Approvals from EnFin Solar Loans and Sungage Financial
NeoVoltaNeoVolta(US:NEOV) GlobeNewswire News Roomยท2024-08-06 09:45

Core Insights - NeoVolta Inc. has expanded its market reach through new approvals from EnFin solar loans and Sungage Financial, enhancing accessibility to its energy storage solutions [1][2][3] EnFin Solar Loans Approval - NeoVolta's NV14 and NV24 energy storage systems have been added to the Approved Vendor List of EnFin solar loans, which is a subsidiary of Qcells, a major U.S. residential solar panel manufacturer [2] - This addition aims to improve accessibility to solar energy, providing enhanced energy security and reliability through NeoVolta's innovative storage solutions [2] Sungage Financial Expansion - Sungage Financial has expanded NeoVolta's presence on its Approved Vendor List by including the NeoVolta NV7600 inverter, previously only approving NeoVolta for its battery equipment [3] - This partnership expansion allows Sungage to finance comprehensive residential solar projects that incorporate both NeoVolta's battery and inverter equipment [3] Market Demand for Sustainable Energy - The approvals from EnFin and Sungage come at a time of rising demand for sustainable energy solutions, driven by increased environmental awareness and the economic benefits of solar power [4] - NeoVolta's systems are designed for long-lasting, safe, and efficient energy storage, with their inverters recognized for reliability and efficiency [4] Enhanced Accessibility for Installers and Homeowners - With these endorsements, more installers and homeowners will gain access to NeoVolta's advanced energy storage systems, ensuring improved energy security and reliability for residential solar projects [5]