Press release
Enphase Energy Expands IQ8 Microinverter Deployments in Illinois
FREMONT, Calif., March 06, 2023 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier
About this update from Enphase Energy, Inc.
[{"type":"text","content":"FREMONT, Calif., March 06, 2023 (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 installers of Enphase® products in Illinois have seen growing deployments of Enphase Energy Systems™ powered by IQ8™ Microinverters. According to the U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in Illinois are forecasted to reach approximately 132 MW in 2023, representing a 13 percent increase from the previous year. Additionally, residential battery deployments in Illinois are expected to grow over five-fold by 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie. “Solar and battery solutions offer attractive savings for Illinois homeowners who are experiencing higher electricity costs,” said Christi Carlson, vice president of sales at 93Energy, an Enphase Silver level installer. “The Enphase IQ8-powered solar system on each of our residential projects delivers value to our customers, and we are committed to helping them meet their clean energy needs. With incentives available at the federal and Illinois-state level, there's never been a better time to go solar with Enphase IQ8 Microinverter technology.” Enphase Energy’s revolutionary IQ8-based systems can provide Sunlight Backup™ functionality during an outage even without a battery. For homeowners who want battery backup, there are no sizing restrictions when pairing Enphase IQ™ Batteries with IQ8 Microinverters. With the Sunlight Jump Start™ feature, IQ8 Microinverters can restart a home energy system using only sunlight after a prolonged grid outage that drains the battery. This eliminates the need for a manual restart of the system and gives homeowners greater assurance of energy resilience. Enphase IQ8 solar microinverters are built to last and come with a 25-year limited warranty. “We’re pleased to provide Illinois homeowners with high-quality products,” said Austin Carr, president of Greenlink Energy Solutions, an Enphase Silver level installer. “Powered by the world’s first microgrid-forming microinverters, the IQ8-based Enphase Energy Systems provide our customers with world-class home energ...