STOCK TITAN

Enphase Energy and Sunpro Solar Expand Partnership to Include Battery Storage

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Enphase Energy (ENPH) has expanded its partnership with Sunpro Solar, a leading U.S. rooftop solar provider, to include the promotion and installation of Enphase's Encharge™ battery storage systems. This comes at a time when homeowners prioritize energy resilience due to extreme weather events. Enphase's Encharge batteries utilize Lithium Iron Phosphate chemistry for safety and longevity, feature over-the-air software upgrades, and come with a 10-year warranty. The collaboration aims to enhance customer support and product innovation in the solar-plus-storage market.

Positive
  • Expanded partnership with Sunpro Solar to promote Encharge battery systems.
  • Encharge batteries utilize safe Lithium Iron Phosphate chemistry.
  • Batteries come with a 10-year limited warranty and optional extensions.
  • Partnership aligns with growing demand for home energy resilience.
Negative
  • None.

FREMONT, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that Sunpro Solar, a top rooftop solar provider and one of the fastest-growing residential solar-plus-storage service providers in the U.S., will now promote and install Enphase Encharge™ battery storage systems in addition to Enphase solar systems as its all-in-one home energy management solution. Sunpro currently serves homeowners in 21 states across the U.S. with plans to expand nationwide.

“Enphase has developed outstanding integrated solar-plus-storage solutions and adding Enphase Storage to our product mix follows an expansion of our partnership with Enphase,” said Marc Jones, chief executive officer and founder of Sunpro Solar. “Homeowners are now placing a premium on home energy resilience in the wake of extreme weather events that bring down the old power grid. Our ramp up with Enphase Storage could not come at a better time, and I look forward to continuing the collaboration with Enphase around platform services, customer support and product development.”

Enphase delivers a safe solar-plus-storage solution which does not expose installers or homeowners to high-voltage DC. Enphase Encharge batteries feature Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life, safe operation through excellent thermal stability, and a UL9540A fire safety certification. Enphase batteries are equipped with Enphase Power Start™ technology, which helps seamlessly power-up air conditioners and well-pumps. Homeowners have insight into their systems through the Enphase Enlighten™ mobile app, including the ability to go off-grid from the app. Encharge batteries offer over-the-air software upgrades and come with a 10-year limited warranty with an optional 5-year limited warranty extension.

“Marc and the Sunpro Solar team are world-class in every aspect of selling, installing, and servicing home energy solutions,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “At Enphase, we are focused on innovation, product quality, and an outstanding customer experience. We look forward to continuing to deliver in these core areas through our expanded partnership with Sunpro Solar, while bringing resilience and peace of mind to homeowners through Enphase Solar and Storage solutions.”

For more information about Sunpro Solar, please visit https://www.gosunpro.com, and to learn more about Enphase Storage, please visit the Enphase website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one intelligent platform. The Company revolutionized the solar industry with its microinverter-based technology and produces a fully integrated solar-plus-storage solution. Enphase has shipped more than 36 million microinverters, and approximately 1.5 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit https://enphase.com/ and follow the company on FacebookLinkedIn and Twitter

Enphase Energy, Enphase, the E logo, Encharge, Power Start, Enlighten, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners. 

About Sunpro Solar

Sunpro Solar is the leading residential solar company in the U.S. providing affordable solar energy and battery storage solutions. Sunpro Solar was named the second largest residential solar installer in the U.S. by Solar Power World magazine in July 2021. An Inc. 500 company, Sunpro Solar continues to expand as the demand for home solar in the United States rapidly increases. Sunpro Solar is headquartered in Louisiana and has operational facilities in 21 states. For more information, visit www.gosunpro.com.

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; our outstanding customer service; and the performance by our installation partners. 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 recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC’s website at 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 


FAQ

What is the significance of Enphase Energy's partnership with Sunpro Solar?

Enphase Energy's partnership with Sunpro Solar expands the promotion and installation of Encharge battery systems, enhancing their market presence.

What technology does Enphase Encharge battery use?

The Enphase Encharge battery utilizes Lithium Iron Phosphate (LFP) chemistry for its safety and long cycle life.

How does Enphase Energy ensure safety in its battery systems?

Enphase batteries feature UL9540A fire safety certification and do not expose users to high-voltage DC.

What warranty do Enphase Encharge batteries come with?

Enphase Encharge batteries come with a standard 10-year limited warranty and an optional 5-year extension.

In which states does Sunpro Solar operate?

Sunpro Solar currently serves homeowners in 21 states across the U.S.

Enphase Energy, Inc.

NASDAQ:ENPH

ENPH Rankings

ENPH Latest News

ENPH Stock Data

8.89B
130.60M
3.34%
90.57%
11.73%
Solar
Semiconductors & Related Devices
Link
United States of America
FREMONT