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Enphase Energy Battery Storage Expands in Southern California

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Enphase Energy (NASDAQ: ENPH) reported a surge in deployments of its microinverter and battery systems among installers in Southern California, driven by ongoing utility power shutoffs. Demand for reliable energy solutions has surged, with notable endorsements from industry leaders like Solar Optimum and Treepublic, Inc. The Enphase IQ Battery, featuring safe Lithium Iron Phosphate technology, offers homeowners energy independence and control via the Enphase App. Enphase continues to expand its market presence and aims to meet the growing demand for solar and battery solutions.

Positive
  • Increased deployments of Enphase Energy Systems in Southern California due to utility power shutoffs.
  • High demand for solar and battery storage solutions, indicating strong market conditions.
  • Enphase IQ Battery provides safer operation and long cycle life, enhancing product appeal.
  • Partnerships with leading installers contribute to business growth and customer satisfaction.
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FREMONT, Calif., Dec. 16, 2021 (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 Enphase installers in Southern California have seen increased deployments of Enphase Energy Systems, powered by IQ™ Microinverters and IQ Batteries, as utility power shutoffs continue to threaten the state.

"The demand for high-quality, safe, and reliable energy solutions is at an all-time high,” said Arno Aghamalian, president and CEO at Solar Optimum. "With the Enphase Energy System, homeowners get peace of mind, day or night, and ultimate control over their energy usage.”

“Customer demand for solar and battery storage systems is growing substantially as Californians continue to experience utility power shutoffs,” said Omar Nasser, CEO at Treepublic, Inc., which was recently awarded the “Best of the Southland'' Award from the Los Angeles Times for its exceptional service in Southern California. “With Enphase as our exclusive supplier, we believe we can meet this demand while delivering intelligent, top-quality products and reliable service to residential and commercial customers. We can also provide ongoing value with Enphase’s modular designs, which are designed to evolve alongside changing needs and technology.”

Enphase delivers a safer solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. The Enphase IQ Battery features Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and safer operation through excellent thermal stability. The 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 App™, as well as the ability to go off-grid through the app. The Enphase IQ Battery accommodates over-the-air software upgrades and comes with a 10-year limited warranty with a 5-year limited warranty extension available for purchase.

“Our customers are tired of waiting and worrying about when the next big power outage will occur,” said Cory Johnson, owner of New Day Solar. “Using the power of Enphase’s best-in-class IQ Microinverters and IQ Batteries, our customers can sleep well knowing their families are always protected. We look forward to growing our business with Enphase and bringing clean, reliable energy to more people.”

“Our installer partners are the backbone of Enphase Energy,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “Together we are driving continued business success, outstanding customer service, and innovative energy solutions to Southern California, a key U.S. market for solar and battery growth.”

For more information about Enphase IQ Batteries and IQ Microinverters, 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 39 million microinverters, and over 1.7 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit https://www.enphase.com and follow the company on FacebookLinkedIn and Twitter.

© 2021 Enphase Energy, Inc. All rights reserved. Enphase, the "e" logo, IQ, Power Start, Enphase App, and certain other names and marks are registered 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 our products; 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 impact did utility power shutoffs have on Enphase Energy's sales?

Utility power shutoffs in California have increased demand for Enphase Energy Systems, leading to heightened sales.

How does the Enphase IQ Battery compare to other battery technologies?

The Enphase IQ Battery utilizes Lithium Iron Phosphate technology, noted for its safety and long cycle life.

What features does the Enphase App offer homeowners?

The Enphase App allows homeowners to monitor their energy systems and provides capabilities for going off-grid.

Which companies are partnering with Enphase Energy in Southern California?

Solar Optimum and Treepublic, Inc. have recently partnered with Enphase Energy to meet growing customer demand.

Enphase Energy, Inc.

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