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Enphase Energy Expands IQ8 Microinverter Deployments in New York
FREMONT, Calif., June 16, 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., June 16, 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 installers of Enphase® products in New York have seen growing deployments of Enphase Energy Systems powered by IQ8™ Microinverters following the product’s launch in North America late last year. IQ8 Microinverters paired with Enphase’s industry leading IQ™ Batteries give homeowners more energy security as increasingly common heat waves and other natural disasters strain the grid. According to the most recent U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in New York are predicted to reach nearly 150 MW in 2022, with growth expected to more than double over the next decade. Additionally, residential battery capacity in New York is increasing steadily year-over-year with forecasts estimating deployments will grow nearly five-fold by the end of 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie. “As summer heatwaves and the potential for power outages loom, New York homeowners can find support with reliable backup power and clean energy technology from Enphase,” said Scott Maskin, founder and chief executive officer at SUNation Solar Systems, an Enphase Gold level installer. “IQ8 Microinverters and IQ Batteries power one of the highest performing and most customizable home energy systems available, allowing us to tailor the system to the specific energy needs of each customer.” Enphase’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 on pairing Enphase IQ Batteries with IQ8 Microinverters. In addition, with the Sunlight Jump Start™ feature, IQ8 Microinverters can restart a home energy system using sunlight only after prolonged grid outages that may result in a fully depleted battery. This eliminates the need for a manual restart of the system and gives homeowners even greater resilience. Enphase IQ8 solar microinverters come with a 25-year limited warranty. “IQ8-based energy systems from Enphase offer a distinct adva...