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Solar Stock News Bites: Enphase Energy (NASDAQ: $ENPH) Storage Installations Reach over 18,000 Homes


FREMONT, Calif. - March 12, 2020 ( Newswire) Solar Stock News Bites - Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of solar microinverters, today announced that it has shipped more than 36 MWh of energy storage since introducing Enphase energy storage products in late 2016. More than 18,000 Enphase energy storage systems have been commissioned worldwide, of which 31% are paired with non-Enphase solar systems, reflecting the flexibility of the Enphase AC-coupled architecture.

Enphase storage systems are safe, powerful, and reliable, and feature the full integration of battery cell packs, battery management system, inverter, control software, and system communications functions. In addition, Enphase energy storage products provide a powerful, modular approach to storing solar energy for night-time or future use, giving homeowners greater choice and installers the flexibility to right-size each installation to match homeowners' unique energy needs.

"Enphase has developed over five years' worth of expertise in bringing truly innovative solar-plus-storage systems to our customers," said Mehran Sedigh, vice president and general manager of the energy storage business at Enphase Energy. "As with all our energy products, we focus on high reliability, excellent quality, and creating an outstanding customer experience. Enphase storage products are also backed by a track record of safety and plug-and-play simplicity as well as the convenience and peace-of-mind of a single point of contact for warranty and support."

Enphase's first energy storage product, the 1.2 kWh AC Battery (ACB) designed for self-consumption and time-of-use tariff management, was introduced in late 2016 and was fully safety tested and certified by TÜV Rheinland, a global leader in testing, inspection and certification services. In April 2019, Enphase released its updated ACB with a new battery cell supplier and improved Time-Of-Use (TOU) software for customers in Australia, New Zealand and Europe, and the company recently qualified its ACB in Germany, the largest residential storage market in Europe.

"Enphase is changing the way we think about storage products and we are excited that homeowners will be able to take advantage of the flexibility of Enphase AC-coupled architecture," said Benito Becker, project leader for renewable energies at Helmut Herbert GmbH & Co in Germany. "Not only are Enphase microinverters efficient and easy to install, the AC Battery also offers an aesthetically pleasing home design. We have spoken to many prospective customers and the feedback has been very positive, as they believe the option to add scalable storage to scale, at any point in time, is appealing."

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