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Enphase Energy Expands IQ8 Microinverter Deployments in Southern California
FREMONT, Calif., June 09, 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 09, 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 Southern California 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 gives homeowners more energy independence and peace of mind as power supply shortages are predicted to lead to blackouts across the state this summer. According to the most recent U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in California are predicted to top 1,500 MW in 2022, representing an approximately seven percent increase from the previous year. Additionally, residential battery capacity in California is increasing steadily year-over-year with forecasts estimating deployments will more than double by the end of 2026, according to the most recent U.S. Energy Storage Monitor report from the Energy Storage Association and Wood Mackenzie. “Homeowners immediately understand the value of an Enphase Energy System backed by the revolutionary IQ8 Microinverter technology, as a way to maximize their solar investment,” said Eric Helgeson, owner and president at NexGen Construction, an Enphase Platinum level installer. “The IQ8 Microinverter allows us to build a system that can start small and grow over time, offering increasing independence and resilience for our customers.” “We proudly offer Enphase products to help homeowners better manage power bills and have peace of mind from power outages,” said Jeff Carelli, president and chief executive officer at Sunlight Solar Inc., an Enphase Platinum level installer. “IQ8 Microinverters can provide sunlight-only backup for the first time in the history of solar, while removing sizing restrictions when solar is paired with batteries. This allows us to give our customer exactly what they need, without compromise.” 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...