Battery maker NeoVolta has announced its NV14 energy storage system will include lithium-iron-phosphate batteries that last for 6,000-cycles or 16.5 years.
The system represents a 50% longer life than the firm’s original 4,000-cycle product and represents an engineering milestone for NeoVolta, claim the company.
Neovolta claims the NV14 system has a capacity of 14.4kWh, expandable to 24kWh with the optional NV24 battery, and 7.7kW of instantaneous power discharge.
The claim is based on the home storage batteries being cycled daily, with 6,000 cycles translating to 16.5 years of useful life, based on a full charge and discharge.
Neovolta did not answer questions put to it by BEST about the technology .
In 2019, a year after it staerrted up, NeoVolta said it was set for a “300% increase in manufacturing capacity” as its moved to a 21,150 sq ft production facility in San Diego.
The move was meant to allow it to increase production of its lithium iron phosphate home battery units to more than 10,000 annually.