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Enphase Energy Expands IQ8 Microinverter Deployments in Texas
FREMONT, Calif., June 21, 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 21, 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 Texas 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 utility providers warn that summer heatwaves are expected to threaten grid reliability across the state. According to the most recent U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in Texas are predicted to reach over 440 MW in 2022, representing an approximately 30 percent increase from the previous year. Additionally, residential battery capacity in Texas is increasing steadily year-over-year with forecasts estimating that 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. “We partner with the highest quality solar and battery products on the market so that we can confidently provide our customers with a solution that addresses their needs,” said Ron Hardin, vice president of sales at Speir Solar, an Enphase Gold level installer. “The Enphase IQ8-based home energy systems are changing the paradigm of rooftop solar by allowing homeowners to build the exact solution needed for their families, without much constraint.” “With Enphase technology, Texans can achieve a new level of energy independence and security,” said Stan Pipkin, CEO at Lighthouse Solar, an Enphase Gold level installer. “The Enphase Energy System uses sophisticated grid-forming microinverter and battery technology so that Texas homeowners can meet their Texas-sized energy needs by generating and using their own power from the sun.” 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, ...