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Enphase Energy Launches IQ8X Microinverters in the Netherlands and Austria, and IQ8 Series in Malta and New Caledonia

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Enphase Energy (NASDAQ: ENPH) has expanded its IQ8™ Microinverter offerings to new markets. The company has launched IQ8X Microinverters in the Netherlands and Austria, designed to support high-powered solar panels up to 560 W DC. Additionally, Enphase has entered the solar markets in Malta and New Caledonia for the first time, introducing various IQ8 Microinverter models.

In Malta, Enphase introduced three microinverters: IQ8MC™, IQ8AC™, and IQ8HC™, with peak output powers of 330 W, 366 W, and 384 W, respectively. New Caledonia received the IQ8AC and IQ8HC models. These microinverters come with a 25-year warranty and are compatible with solar modules up to 560 W DC.

Installers in these regions have praised the IQ8 Microinverters for their reliability, performance, and ease of installation. The expansion reinforces Enphase's commitment to driving innovation in diverse markets worldwide.

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Positive

  • Expansion into new markets (Malta and New Caledonia)
  • Introduction of high-powered IQ8X Microinverters supporting up to 560 W DC panels
  • 25-year warranty offered on IQ8 Microinverters in new markets
  • Positive feedback from installers regarding performance and reliability

Negative

  • None.

News Market Reaction 1 Alert

+1.18% News Effect

On the day this news was published, ENPH gained 1.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

FREMONT, Calif., Oct. 16, 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, today announced that it has started shipping IQ8™ Microinverters to support newer, high-powered solar panels in select countries and territories, including the Netherlands, Austria, Malta, and New Caledonia. Enphase is entering the solar markets for Malta and New Caledonia for the first time with this launch.

In Malta, Enphase introduced three microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – featuring a peak output power of 330 W, 366 W, and 384 W, respectively. In New Caledonia, Enphase introduced the IQ8AC and IQ8HC Microinverters. The new microinverters seamlessly pair with a full range of solar modules up to 560 W DC. IQ8 Microinverters activated in Malta and New Caledonia come with a 25-year warranty from Enphase.

“New Caledonia’s climate and unique geography makes system reliability and production crucial,” said Damien Keyser, director at Green Energy NC, an installer of Enphase products in New Caledonia. “IQ8 Microinverters have exceeded our expectations in this regard. Their robust performance, coupled with Enphase's industry-leading warranty, gives our clients confidence their investment is protected for the long haul.”

"Enphase IQ8 Microinverters maximize quality, reliability, and performance," said Ing. Mario Cachia, CEO and director of business at Alternative Technologies Ltd., an installer of Enphase products in Malta. “Their seamless integration and module-level monitoring allow our clients to manage self-consumption and navigate peak pricing. In our dynamic energy market, this smart technology is a game-changer."

IQ8X™ Microinverters are also available now for customers in the Netherlands and Austria and feature a peak output AC power of 384 W, designed to support higher powered solar modules up to 560 W DC. The microinverters are compatible with modules with higher cell counts, such as 96-cells and 88 or 80 half-cut cells.

“Enphase IQ8 Microinverters have transformed our approach to solar installations,” said Tim Montfrooij, project manager at Koller Hattem BV, an installer of Enphase products in the Netherlands. "The ease of installation coupled with the ability to support a wide range of module wattages gives us the flexibility to design efficient, optimized systems tailored to our clients’ needs.”

“Enphase is setting a new industry standard with its ongoing innovation and commitment to quality,” said Florian Morche, technical manager at Energieversorgung Kleinwalsertal GesmbH, an installer of Enphase products in Austria. “The superior performance and reliability of IQ8 Microinverters mean that our customers can enjoy peace of mind knowing their solar systems will perform optimally for years to come.”

"IQ8 Microinverters are transforming residential solar with a reputation for top-tier adaptability and performance," said Sabbas Daniel, senior vice president of sales at Enphase Energy. "We are empowering installers with technology to help simplify installations and maximize energy production for homeowners. This expansion reinforces our commitment to driving innovation in diverse markets worldwide."

For more information about IQ8 Microinverters, please visit the Enphase websites for Malta and New Caledonia. Learn more about the IQ8X Microinverters on the websites for the Netherlands and Austria

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 approximately 76.3 million microinverters, and over 4.3 million Enphase-based systems have been deployed in more than 150 countries. For more information, visit https://enphase.com/.

©2024 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. 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 ability to seamlessly pair with a full range of solar modules up to 560 W DC; the availability and market adoption of Enphase’s products in select markets; and plans on entering new markets. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. 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

This press release was published by a CLEAR® Verified individual.


FAQ

What new markets has Enphase Energy (ENPH) expanded into with its IQ8 Microinverters?

Enphase Energy has expanded its IQ8 Microinverter offerings to Malta and New Caledonia for the first time, and launched IQ8X Microinverters in the Netherlands and Austria.

What is the maximum power output of the new IQ8X Microinverters launched by Enphase (ENPH)?

The IQ8X Microinverters launched in the Netherlands and Austria feature a peak output AC power of 384 W and are designed to support solar modules up to 560 W DC.

What warranty does Enphase (ENPH) offer on IQ8 Microinverters in Malta and New Caledonia?

Enphase offers a 25-year warranty on IQ8 Microinverters activated in Malta and New Caledonia.

Which IQ8 Microinverter models did Enphase (ENPH) introduce in Malta?

Enphase introduced three microinverter models in Malta: IQ8MC™, IQ8AC™, and IQ8HC™, with peak output powers of 330 W, 366 W, and 384 W, respectively.
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