Enphase Energy Deploys One-Millionth Microinverter-Based Solar System

Petaluma, California, UNITED STATES


FREMONT, Calif., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced the installation of the Company’s one-millionth Enphase microinverter-based solar system. With over 23 million microinverters shipped, there are now more than 6.5 gigawatts DC of Enphase-based systems deployed in 130 countries. The one-millionth installation was part of the Enphase low-income solar partnership with GRID Alternatives, a national leader in bringing solar and job training to underserved communities.

“The partnership with Enphase has helped us make clean energy and savings accessible to well over 5,300 working families since 2012, and we are delighted to have the one-millionth Enphase system deployed in one of our projects,” said Erica Mackie, co-founder and CEO at GRID Alternatives. “GRID Alternatives thanks and congratulates Enphase on this significant milestone, and we look forward to a continued collaboration that will deliver solar power and solar job training to communities that need them most.”

“As one of the first solar installers to ever use Enphase microinverters, we have been delighted to see Enphase grow into a world-class company over the past 14 years,” said Chris DeBone, co-founder and managing partner of Hawaii Energy Connection. “Not only has Enphase helped us deliver some of the most innovative energy products to our customers in Hawaii, it has also repeatedly stepped in with expert technical resources that enable us to contribute to solving some of the island’s most ambitious energy challenges. We look forward to being part of the next one-million Enphase deployments.”

“I think of the milestone of one million installed systems more as a starting point than a place at which we’ve arrived, and I am grateful for the many dedicated partners like Hawaii Energy Connection and GRID Alternatives who have helped us get here,” said Raghu Belur, co-founder and chief products officer at Enphase Energy. “Our vision was always to make solar simple and energy smart and to make advanced energy systems with solar and storage accessible to people all over the globe. As we move into the era of grid-forming energy with Enphase Ensemble™ energy management technology, we believe we will see an era characterized by always-on energy resilience in the grid-tied world, and the electrification of areas that may never need a grid at all.”

“This milestone represents years of internal research and development, the evolution of power electronics and semiconductor technology generally, and honest feedback from countless installers,” said Badri Kothandaraman, president and CEO at Enphase Energy. “As we bring our eighth-generation family of microinverters with Enphase Ensemble technology to market, Enphase will once again demonstrate how we leverage semiconductor integration and scalability, a culture of continuous learning, and dedication to high quality to build the world’s most advanced software-defined microinverter.”

For more information about Enphase, please visit our website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world’s only truly integrated solar plus storage solution. Enphase has shipped more than 23 million microinverters, and approximately one million Enphase-based systems have been deployed in 130 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

Enphase Energy®, Enphase Ensemble, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc. and/or its subsidiaries. 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 expected performance, advantages, and simplicity of its technology and products; the capability of its technology and products to provide energy without a grid; and the market adoption and accessibility of its products. 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.

Images Available: https://go.enphase.com/enphase-media-room

Contact: Christian Zdebel, pr@enphaseenergy.com 484-788-2384

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d85c1585-a78c-459e-b493-6fc9f559bc7d

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