Business
Enphase Energy Completes Acquisition of the Solar Design Services Business of DIN Engineering Services
FREMONT, Calif., April 01, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading
About this update from Enphase Energy, Inc.
[{"type":"text","content":"FREMONT, Calif., April 01, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that it has completed the previously announced acquisition of the Solar Design Services business of DIN Engineering Services LLP. Based in Noida, India, the business is a leading provider of outsourced proposal drawings and permit plan sets for residential solar installers in North America. The acquisition is expected to provide the following benefits: Offers Enphase’s installers new services by providing proposal drawings and permit plan setsAdds significant resources to accelerate automation and provide best-in-class customer serviceIntegrates into the Enphase’s Enlighten™ digital platform, advancing Enphase’s goal to simplify and accelerate the end-to-end sales process across the residential solar industry “We are pleased to welcome DIN’s customers and employees to Enphase,” said Badri Kothandaraman, president and CEO of Enphase Energy. “We are also excited about the opportunity to add significant capabilities to our digital platform through this acquisition. By offering high quality services to our network of installers, we aim to simplify the sales and installation process, while helping to reduce soft costs and providing an enhanced buying experience for homeowners.” About Enphase Energy, Inc. Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 32 million microinverters, and approximately 1.4 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter. Enphase Energy, Enphase, the E logo, Enlighten, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners. About DIN Engineering Services LLP DIN Engineering Services LLP, based in Noida, India, is a leader in solar engineering...