NeoVolta, an energy storage technology company, is launching a third-party-ownership (TPO) financing platform funded by tax equity partners and designed to deploy solar and battery energy storage for both residential and commercial customers. It will launch with an initial focus on the residential market with plans to extend the platform to support its commercial product line as its domestic manufacturing facility in Pendergrass, Georgia, ramps production.
The initial financing is expected to support approximately 700 residential projects. NV Wave, NeoVolta’s latest residential battery platform will be integrated into the TPO offering beginning in November 2026. As of Sept. 30, the company has deployed projects in over 50 homes.
Aurora Solar’s 2026 Solar Snapshot survey found 55% of installers now call TPO their leading residential financing option, driven in part by the Section 25D tax credit’s expiration for homeowner-owned systems placed in service after Dec. 31, 2025, while the Section 48E credit remains available to the owner of a TPO system.
The TPO platform is managed with support from Luminia, NeoVolta’s longtime energy financing and deployment partner.
“The TPO platform brings financing, installation and ongoing support together in one offering, giving customers a simpler and more affordable way to access solar and battery storage without buying and managing the equipment themselves,” said David Field, CEO of Luminia. “By simplifying the process and providing long-term support, we can help more customers take control of their energy costs.”
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