2022-10-31 | NDAQ:ENPH | Press Release | Rare Techy
FREMONT, Calif., Oct. 31, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and a leading global supplier of solar and microinverter battery systems, announced today that the Enphase® Results in Nevada have seen a growing installation of Enphase Energy Systems powered by IQ8™ Microinverters follow the product’s launch in North America end of last year. IQ8 Microinverters paired with Enphase’s industry-leading IQ™ Batteries provide homeowners with enhanced security as extreme heat waves lead homeowners and businesses to increasing air pressures and further disrupting the overburdened grid.
According to the latest US Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, Nevada is expected to top 134 MW by 2022, indicating an increase more than 100 times since the previous decade. In addition, residential battery capacity in Nevada is increasing each year and projections suggest that emissions will increase nearly five times by the end of 2026, according to a report by the US Energy Storage Monitor from the Energy Storage Association and Wood Mackenzie.
“Combined with our Curb home energy consumption monitor and energy efficiency services, the IQ8 all-in-one home energy system provides homeowners with a solution that can meet their needs each of our customers is unique,” said Greg Fasullo, CEO at Elevation, an Enphase Gold level installer. “Whether homeowners are looking to power just their essentials or their entire home at the same time when the grid is down, the Enphase Energy System™ can be set up to do it all.”
“Safety and reliability are at the core of Enphase&CloseCurlyQuote’s product design,” said Matt Turville, co-founder and chief operating officer at Del Sol Energy, an Enphase gold-level installer. “With high quality engine and battery technology, the Enphase Energy System is an expertly designed and comprehensive home energy solution that ensures energy system performance and monitoring when needed the owners of the village want.”
Enphase’s revolutionary IQ8 systems can provide Sunlight Backup™ functionality during outages, even without batteries. For interested homeowners battery backup, there is no size limit for a pair of Enphase IQ Batteries and IQ8 Microinverters. In addition, with the Sunlight Jump Start™ feature, the IQ8 Microinverters can restart the home power system using only sunlight after the grid has been extended and the battery has run out. . This eliminates the need for restarting the system and gives homeowners more energy. Enphase IQ8 solar microinverters come with a 25-year limited warranty.
“We are proud to offer Nevada homeowners the best solar energy technology available on the market,” said Eugene Moebius, founder of Universal Solar Direct. safety and increase their investment in the energy of the future.”
“The solar industry is growing rapidly in Nevada, providing thousands of exciting opportunities and jobs for local residents,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “We are proud to partner with installers across the state to help homeowners realize the value they can achieve from solar and home energy management solutions , including economic benefits and the ability to manage their future potential.”
For more information on Enphase IQ8 Microinverters and IQ Batteries, please visit Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of solar and microinverter battery systems that enable people to use the sun to create, to use, store and sell their own power—and control. all with a smart mobile app. The company revolutionized the solar industry with its micro-interface technology and created complete solar, battery, and software solutions. Enphase has shipped more than 52 million generators and more than 2.7 million Enphase systems have been deployed in more than 145 countries. For more information, visit https://www.enphase.com followed by the above company Facebook, LinkedIn a Twitter.
© 2022 Enphase Energy, Inc. Retain the power. Enphase, the “e” symbol, IQ, IQ8, Enphase Energy System, Sunlight Backup, Sunlight Jump Start, IQ Combiner, IQ Gateway, and other names and symbols are trademarks of Enphase Energy, Inc. Other names for informational purposes may be trademarks of their respective owners.
This press release may contain forward-looking statements, including information about the expected capabilities and performance of Enphase Energy&CloseCurlyQuote’s technology and products, including safety, quality and reliability. ; availability and market acceptance of Enphase products; market demand for solar and residential battery installations; and Enphase Energy Systems’ deployment growth. These forward-looking statements are based on Enphase&CloseCurlyQuote’s current expectations and are subject to significant risks and uncertainties. Actual results and timing of events may differ materially from those anticipated in these forward-looking statements due to certain risks and uncertainties, including those risks described in the forward-looking statements. Enphase’s quarter ended March 31, 2022, its Annual Report on Form 10-K for the year ended December 31, 2021 and other documents on file with the SEC each time, available on the SEC’s website https://www.sec.gov/. Enphase Energy undertakes no responsibility or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, unless the requirements of the law.