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Enphase Energy Expands IQ8 Microinverter Deployments in Washington
FREMONT, Calif., June 27, 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 27, 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 Washington state 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 power outages from extreme weather and high summertime demand grow increasingly common. According to the most recent U.S. Solar Market Insight report from Wood Mackenzie and the Solar Energy Industries Association, residential solar deployments in Washington state are predicted to reach over 75 MW in 2022, representing an approximately 63 percent increase from the previous year. Additionally, residential battery capacity in Washington is increasing steadily year-over-year with forecasts estimating deployments will nearly quadruple by the end of 2026, according to the U.S. Energy Storage Monitor 2021 Year in Review report from the Energy Storage Association and Wood Mackenzie. “We are on a mission to make solar and battery storage more accessible, while educating the community on the benefits of energy resilience and training the future clean energy workforce,\" said Edwin Wanji, founder and chief executive officer at Sphere Solar Energy, an Enphase Platinum level installer. “The IQ8-based Enphase Energy System is one of the best products on the market for homeowners to safeguard against grid outages and help control rising energy costs.” “As a testament to the rapidly growing demand for clean, reliable power, we’re already booking installations for the 2023 calendar year,” said Markus Virta, director of sales and business development at Western Solar, an Enphase Gold level installer. “The Enphase Energy System doubles as an investment in both renewable energy and in backup power, helping homeowners become more energy independent while accelerating Washington’s goal of unlocking clean energy for the entire state.” Enphase’s revolutionary IQ8-based systems can provide Sunlight Backup™ during an outage, even without a battery. For homeowners who want battery backup, there are no sizing restrictions o...