Energy Storage News•about 1 month ago
NeoVolta, PotisEdge, Longi form JV for Georgia battery pack and BESS manufacturing facility
Key Takeaway
This joint venture significantly expands domestic BESS manufacturing capacity, promising more reliable and potentially cost-effective access to critical energy storage solutions for US developers and large power consumers.
AI Summary
- •NeoVolta, PotisEdge, and Longi have formed NeoVolta Power, a joint venture (JV) to establish a US battery energy storage system (BESS) manufacturing platform.
- •The new BESS manufacturing facility will be located in Pendergrass, Georgia, aiming to boost domestic supply.
- •This initiative is expected to improve supply chain resilience and potentially reduce lead times for BESS components for developers and large power consumers.
- •The JV involves a home battery storage company (NeoVolta), an energy storage solution provider (PotisEdge), and a major solar technology company (Longi), indicating a diversified approach to energy storage manufacturing.
Topics
datacenterm&aoempolicysolarstorage
Article Content
San Diego-based home battery storage company NeoVolta has formed NeoVolta Power, a joint venture (JV) to develop a US battery energy storage system (BESS) manufacturing platform in Pendergrass, Georgia.