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,
IQ8 Microinverters can restart a home energy system using sunlight
only after prolonged grid outages that may result in a fully
depleted battery. This eliminates the need for a manual restart of
the system and gives homeowners even greater resilience. Enphase
IQ8 solar microinverters come with a 25-year limited warranty.
“Increasingly common outages from both extreme summer and winter
weather have given homeowners an appreciation for energy
independence,” said Mohammad Elashi, founder and CEO
at Synaptic Solar/Dynamic SLR, an Enphase Gold level
installer. “The Enphase Energy System, complete with an
industry-leading monitoring and system control mobile app, puts
power in the hands of users and gives our customers in Texas
more peace of mind.”
“Looming heat wave-induced power outages are motivating more
Texans to seek out backup power solutions,” said Juan Meza,
engineering manager at ATMA Energy, an Enphase Gold level
installer. “In collaboration with Enphase, we provide tailor-made
energy solutions so that our growing customer base can reap the
benefits of a comprehensive home energy solution that includes
saving money on monthly energy bills, increasing property value,
reducing carbon footprint, and resting easy knowing that they won’t
be left in the dark.”
The IQ8 Microinverter-based system is the first in the world to
be certified by UL, a global safety science leader, for the new
North American safety and grid interconnection standards for
connecting solar inverters, energy storage systems, and distributed
energy resources to the grid. Enphase’s IQ8 Microinverters, paired
with the IQ™ Combiner 4/4C and IQ™ Gateway, create the first
complete residential DER system certified by UL.
“We’re excited to work with amazing installers across Texas to
help homeowners access reliable energy solutions to keep their
homes up and running even if the grid is down,” said Dave Ranhoff,
chief commercial officer at Enphase Energy. “The Texas energy
market, like many other energy markets in the U.S., has experienced
the dangers of power outages resulting from frequent extreme
weather. The Enphase Energy System, featuring IQ8 Microinverters
and IQ Batteries, gives customers a great experience and more
energy independence.”
For more information about Enphase IQ8 Microinverters and IQ
Batteries, please visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in
Fremont, CA, is the world's leading supplier of microinverter-based
solar and battery systems that enable people to harness the sun to
make, use, save, and sell their own power—and control it all with a
smart mobile app. The company revolutionized the solar industry
with its microinverter-based technology and builds all-in-one
solar, battery, and software solutions. Enphase has shipped more
than 45 million microinverters, and over 2.0 million Enphase-based
systems have been deployed in more than 135 countries. For more
information, visit https://www.enphase.com and follow the
company on Facebook, LinkedIn and Twitter.
© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the
"e" logo, IQ, IQ8, Sunlight Backup, Sunlight Jump Start, IQ
Combiner, IQ Gateway, and certain other names and marks are
trademarks of Enphase Energy, Inc. Other names are for
informational purposes and may be trademarks of their respective
owners.
Forward-Looking Statements
This press release may contain forward-looking statements,
including statements related to the expected capabilities and
performance of Enphase Energy’s technology and products, including
safety, quality and reliability; the availability and market
adoption of Enphase products; market demand for residential solar
and battery deployments; and growth in deployments of Enphase
Energy Systems. These forward-looking statements are based on
Enphase’s current expectations and inherently involve significant
risks and uncertainties. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of certain risks and
uncertainties, including those risks described in more detail in
Enphase’s most recently filed Quarterly Report on Form 10-Q for the
quarter ended March 31, 2022, its Annual Report on Form 10-K for
the year ended December 31, 2021 and other documents on file with
the SEC from time to time, which are available on the SEC’s website
at https://www.sec.gov/. Enphase Energy undertakes no duty or
obligation to update any forward-looking statements contained in
this release as a result of new information, future events, or
changes in its expectations, except as required by law.
Contact:
Enphase Energy press@enphaseenergy.com
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