NeoVolta Advances Strategic Collaboration With Luminia To Supply Battery Energy Storage Systems For Projects

Benzinga·12/11/2025 13:35:50

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NeoVolta Inc. (NASDAQ:NEOV), a U.S. energy-storage technology company, announced today that it is advancing a strategic collaboration with Luminia LLC ("Luminia"), a developer of solar and energy storage projects, under a non-binding framework that contemplates the potential development of a portfolio of solar-plus-storage projects planned across California, subject to the parties entering into definitive agreements.

Luminia is developing multiple front-of-the-meter (FTM) and behind-the-meter (BTM) installations that together include more than 40 MW of solar capacity and approximately 160 MWh of battery storage across commercial, municipal, and community sites. Under the contemplated structure, NeoVolta would receive a right of first refusal to supply its battery energy storage systems for the projects, provided the equipment meets technical specifications and market-competitive pricing.

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