Infinite Grid Capital Signs 1.1 GWh BESS Supply LOI with NeoVolta to Power U.S. AI Infrastructure Buildout

Infinite Grid Capital has signed a non-binding Letter of Intent with NeoVolta for the procurement of 1.1 GWh of utility-scale battery energy storage systems manufactured at NeoVolta's Georgia facility. The agreement covers three projects totaling approximately 1.1 GWh across West Texas, Puerto Rico, and PJM territory, with production expected to begin in Q3 2026. This represents the first commercial LOI for NeoVolta's Pendergrass facility and follows IGC's $13 million strategic investment in NeoVolta in December 2025.

05/28/2026, 3:00 PM • GlobeNewswire

What's Going On With NeoVolta Shares On Wednesday?

NeoVolta reported Q3 results with a loss per share of 8 cents, beating consensus expectations of 12 cents, but revenue of $2 million fell short of the $3.41 million forecast. The shortfall was attributed to a slowdown in the residential solar market following the expiration of the U.S. residential solar investment tax credit. Despite challenges, the company achieved gross margin expansion to ~46% and announced a new CFO appointment as it prepares to launch a domestic battery manufacturing facility in Georgia. Shares declined 7.43% to $1.87.

05/20/2026, 11:53 AM • Benzinga

NeoVolta Increases Ownership of NeoVolta Power to 80% and Expands Strategic Commercial Capabilities

NeoVolta Inc. increased its ownership stake in NeoVolta Power, LLC from 60% to 80% while maintaining full operational control. The company entered into an expanded commercial agreement with PotisEdge and will issue approximately 1.2 million shares as consideration. The restructuring requires no new cash capital and aligns the platform with U.S. regulatory frameworks and tax credit eligibility.

04/21/2026, 8:30 AM • Benzinga

NeoVolta Announces Timing of Second Quarter Fiscal 2026 Earnings Release and Inaugural Conference Call

NeoVolta Inc. announced it will release its Q2 fiscal 2026 earnings results on February 17, 2026, followed by its inaugural earnings conference call. The company will discuss financial results for the quarter ended December 31, 2025, and provide updates on strategic developments including domestic manufacturing advancements and strategic partnerships.

02/09/2026, 6:15 PM • GlobeNewswire

NeoVolta to Present and Host One-on-One Investor Meetings at Sidoti January Micro-Cap Virtual Investor Conference

NeoVolta announced it will present at Sidoti's January Micro-Cap Virtual Investor Conference on January 21-22, 2026, focusing on its transformational joint venture with PotisEdge and LONGi to establish a domestic battery energy storage system manufacturing platform in Georgia targeting utility-scale and commercial markets.

01/15/2026, 5:00 PM • GlobeNewswire

NeoVolta Celebrates RE+2025 Successes & Recaps Announcements

NeoVolta unveiled its 250kW/430kWh commercial and industrial battery energy storage solution, launched a new hybrid inverter, and signed a Letter of Intent to acquire Neubau Energy's strategic assets, expanding its market opportunities in the energy storage sector.

09/19/2025, 7:05 AM • Benzinga