STOCK TITAN

Enphase Energy Launches New IQ8 Microinverters for High-Powered Solar Modules in Austria

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Enphase Energy has started shipping IQ8 Microinverters with peak output AC power of 384 W in Austria. The IQ8 Microinverters are designed to maximize energy production and support higher powered solar modules. They come with a 25-year limited warranty and seamlessly pair with a full range of solar modules up to 560 W DC. The Enphase Energy System integrates with the IQ Gateway and Enphase App for easy monitoring and control.
Positive
  • Enphase Energy has expanded its line of products in Austria, providing installer partners with systems capable of supporting the most powerful solar modules on the market.
  • IQ8 Microinverters have a peak output power of 384 W and can manage a continuous DC current of 14 amperes, maximizing energy production.
  • The Enphase Energy System integrates with the IQ Gateway and Enphase App, offering per-panel energy monitoring and insights for homeowners.
Negative
  • None.

FREMONT, Calif., Nov. 02, 2023 (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, with peak output AC power of 384 W, in Austria to support newer, high-powered solar modules.

This announcement follows the launch of the Enphase® Solargraf℠ platform in Austria. Solargraf is a cloud-based, all-in-one design and proposal software platform that is used by solar installers to help simplify and accelerate the end-to-end sales process and installation for solar customers, allowing them interactive access to design their own home energy systems.

IQ8 Microinverters are designed to maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher powered solar modules through increased energy harvesting. The three new microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – feature a peak output power of 330 W, 366 W, and 384 W, respectively, and are designed to seamlessly pair with a full range of solar modules up to 560 W DC. All IQ8 Microinverters activated in Austria come with a 25-year limited warranty from Enphase.

“We’re proud to provide homeowners and businesses across Austria with high-performing solar energy systems,” said Arpad Vadoc, managing director at PBS GmbH. “IQ8 Microinverters enable our customers to power their lives with clean, reliable energy for years to come.”

“Homeowners in Austria are looking for ways to take control of their energy usage and gain energy independence,” said David Selmi, project manager at DS Elektro GmbH & Co KG. “IQ8 Microinverters are safe, powerful, and reliable, making the most out of what the sun has to offer.”

The Enphase® Energy System™ integrates with the IQ® Gateway, which can be connected to the internet to enable over-the-air updates and connect to the Enphase® App monitoring platform. The IQ Gateway and IQ Microinverters make per-panel energy monitoring and insights for operations and maintenance simple for homeowners.

“Our customers in Austria are prioritizing not only reliability but also convenience when selecting a home energy system,” said Mario Moser, CEO at Elektro Moser. “The IQ8-powered home energy system seamlessly integrates with the Enphase App for unprecedented control at the touch of a button.”

“At Enphase, we provide homeowners with industry-leading innovative solar energy systems,” said Aaron Gordon, vice president and general manager of the microinverter business unit at Enphase Energy. “We’re pleased to expand our line of products in Austria, enabling our installer partners to provide these systems capable of supporting the most powerful solar modules on the market.”

For more information about IQ8 Microinverters in Austria, please visit the Enphase website.

About Enphase Energy, Inc.

Enphase Energy, Inc., 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 72 million microinverters, and approximately 3.8 million Enphase-based systems have been deployed in over 145 countries. For more information, visit https://www.enphase.com and follow the company on FacebookLinkedIn and X (formerly Twitter).

©2023 Enphase Energy, Inc. All rights reserved. Enphase, the “e” logo, IQ8, IQ and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the United States 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 availability and market adoption of Enphase products in Austria;; and Enphase’s ability to support newer high-powered solar modules. 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 September 30, 2023, its Annual Report on Form 10-K for the year ended December 31, 2022 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


FAQ

What is the peak output AC power of the IQ8 Microinverters?

The IQ8 Microinverters have a peak output AC power of 384 W.

What is the warranty on the IQ8 Microinverters?

All IQ8 Microinverters activated in Austria come with a 25-year limited warranty from Enphase.

What is the maximum DC power that the IQ8 Microinverters can support?

The IQ8 Microinverters can seamlessly pair with a full range of solar modules up to 560 W DC.

What is the Enphase Energy System?

The Enphase Energy System integrates with the IQ Gateway and Enphase App for easy monitoring and control of the home energy system.

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