Press release
Enphase Energy Launches IQ Battery 5P and IQ Energy Management Software in the Netherlands
IQ Energy Management software enables support for dynamic electricity rates and the integration of third-party EV chargers and heat pumps FREMONT, Calif.,
About this update from Enphase Energy, Inc.
[{"type":"text","content":"IQ Energy Management software enables support for dynamic electricity rates and the integration of third-party EV chargers and heat pumps\nFREMONT, Calif., Aug. 19, 2024 (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 it has started shipping its most powerful home battery to-date, the IQ® Battery 5P™, in the Netherlands. Enphase also introduced IQ® Energy Management, its new energy management software to enable support for dynamic electricity rates and the integration of third-party EV chargers and heat pumps in the Netherlands. The IQ Battery 5P enables configurations ranging from 5 to 60 kWh and offers a significantly improved experience for homeowners and installers due to more power, resilient wired communication, and an improved commissioning experience. Each 5 kWh IQ Battery 5P delivers a continuous power of 3.84 kW, providing fast charging and discharging capabilities, making it ideal for managing dynamic electricity rates and grid imbalances. The new IQ Energy Management software is intended to help maximize the return on investment (ROI) and reduce the payback period for homeowners with Enphase solar and battery systems throughout the Netherlands, where dynamic energy contracts are becoming increasingly popular. “Enphase's latest battery technology paired with intelligent software powers an end-to-end home energy system that understands and responds to dynamic electricity rates on behalf of our customers,” said Twan Geurts van Kessel, owner of Solar Concept BV, an installer of Enphase products in the Netherlands. “This level of intelligence elevates the value of solar for homeowners in the Netherlands and can provide them with energy security and the opportunity to save on their electricity bills.” Enphase solar and battery systems use AI optimization to direct the least expensive electricity, whether solar or the grid, toward powering the home or EV with the goal of helping homeowners maximize financial savings. Homeowners in the Netherlands with Enphase’s solar plus battery systems that are participating in dynamic energy contracts could more than double their lifetime savings over 25 years compared to solar-only systems, according to Enphase’s findings. Integrating third-...