Press release
Enphase Energy Launches IQ Batteries in Spain and Portugal
FREMONT, Calif., July 13, 2023 (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., July 13, 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, today announced that it has started shipping IQ™ Batteries to customers in Spain and Portugal. This adds to the product’s expanded availability across the European market, including recent launches in France, the Netherlands, and Switzerland. SolarPower Europe released its latest European Market Outlook for residential battery storage and is predicting significant growth across the continent in the coming years. The report predicts up to 11 GWh of residential battery storage could be installed by the end of 2026, which is nearly 5x growth from the 2.3 GWh installed in 2021. “As an installer, working with Enphase IQ Batteries is a game-changer,” said Andres Cano, CEO of SomConfort Solar, an installer of Enphase products in Spain. “Their seamless integration and advanced technology elevate our ability to provide homeowners in Spain with reliable and high-performance energy solutions.” The Enphase® Energy System™ with IQ Batteries offers configurations ranging from 3.5 kWh to an aggregate 42 kWh and can be upgraded throughout the lifetime of the system. Enphase’s IQ Batteries accommodate over-the-air software upgrades for enhanced longevity and come with a 15-year limited warranty in select European countries. Homeowners can also use the Enphase® App to monitor performance and intelligently manage their systems. This includes the self-consumption feature, which minimizes the use of electricity from the grid. In addition, Enphase offers 24/7 customer support. “Homeowners across Portugal are looking to take control of their energy needs,” said Bruno Pereira, CEO of LEFE, an installer of Enphase products in Portugal. “The Enphase Energy System with IQ Batteries offers reliability, durability, and energy management capabilities that maximize the benefits of solar.” “Homeowners in Spain come to us looking for sustainable and reliable solutions that unlock energy independence and savings,” said Antonio Martin, CCO at Solurgy, an installer of Enphase products in Spain. “We’re thrilled to begin offering our customers home solar systems outfitted with IQ Batteries so they can meet their energy goals today and for many years to come.” Enph...