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Enphase Energy Expands Battery Storage in New Jersey
FREMONT, Calif., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of
About this update from Enphase Energy, Inc.
[{"type":"text","content":"FREMONT, Calif., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that Enphase installers in New Jersey have seen a growing number of deployments of the Enphase® Energy System, powered by IQ™ Microinverters and IQ™ Batteries, as New Jersey residents seek protection against grid outages. Last year, tens of thousands of New Jersey residents experienced power outages following Hurricane Ida. These outages helped spur a growing interest in reliable backup power solutions like home solar and batteries. New Jersey residential storage capacity growth projections show steady year over year growth, with capacity expected to grow nearly 8-fold by 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie. “Home batteries are an increasingly important investment for homeowners across the country to gain energy resilience during grid outages,” said Arthur Souritzidis, CEO at Momentum Solar, an Enphase Platinum installer. “Adding an Enphase Energy System with IQ Batteries to a home gives homeowners ultimate control, enabling them to produce, store, and manage their own clean energy.” Additionally, New Jersey homeowners can now choose to install Enphase’s revolutionary IQ8™ solar microinverters. The IQ8 solar microinverters can provide Sunlight Backup during an outage, even without a battery. For homeowners who want a battery, there are no sizing restrictions on pairing an Enphase IQ Battery with the IQ8 solar system. \"We want to provide our customers with the best possible experience, and offering some of the best, most innovative solar technology available is critical to achieving this,\" said Sean Angelini, president and CEO at Orbit Energy & Power, an Enphase Platinum installer. \"The Enphase IQ Battery is one of the most advanced energy storage solutions on the market. It delivers not only peak performance, but also safety, durability, and reliability, and these qualities are what our customers value the most.\" Enphase delivers a safer solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. Enphase IQ Batteries feature Lithium Iron Phosphate (LFP) battery chemistry, which provide...