Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.
San Diego-based solar battery storage company, NeoVolta has partnered with finance platform Mosaic to help homeowners finance domestic energy storage installations.
Home energy storage system provider NeoVolta has raised US$3.9 million in a Nasdaq uplisting, lower than initially planned amidst ‘tough capital markets’ according the company’s CFO.