Enphase Energy Expands Manufacturing Capacity with Flex in Romania
04 Abril 2022 - 9:00AM
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology
company and the world's leading supplier of microinverter-based
solar and battery systems, announced today that it has expanded its
nearly 15-year relationship with global diversified manufacturer
Flex®. Starting in the first quarter of 2023, Flex’s factory in
Timisoara, Romania will begin manufacturing Enphase® microinverters
for the European market, addressing the region’s rapid growth and
demand for residential solar due to rising energy prices and the
increased adoption of electric vehicles (EV) and heat pump
technology.
The new manufacturing site in Romania enables
Enphase Energy to increase global capacity and improve delivery
times to its customers in Europe. More clean energy technology like
solar and batteries across the continent will provide greater
energy security for consumers as the dependence on fossil fuels
continues to decline.
“This is a transformational moment for clean
energy in Europe and across the globe,” said Badri Kothandaraman,
president and CEO of Enphase Energy. “Policymakers are setting
ambitious new targets to help accelerate the transition to a more
electrified future, and we expect to help meet the growing demand
with our leading solar, battery, and EV charging solutions. I want
to thank Flex for being such a strong partner in our global
manufacturing strategy and supporting our efforts to better serve
our customers while maintaining our product quality.”
“Our expanded manufacturing agreement with
Enphase is a testament to our mutual commitment to provide
high-quality and reliable microinverter-based systems to address
Europe’s solar industry needs,” said Revathi Advaithi, CEO at Flex.
“We appreciate the trust Enphase has placed in Flex through our
nearly 15-year partnership and look forward to quickly ramping
in-region advanced manufacturing with sustainable practices.”
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
Energy has shipped more than 42 million microinverters, and
approximately 1.9 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
Facebook, LinkedIn and Twitter.
© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the
"e" logo, 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.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing
partner of choice that helps a diverse customer base design and
build products that improve the world. Through the collective
strength of a global workforce across 30 countries and responsible,
sustainable operations, Flex delivers technology innovation, supply
chain, and manufacturing solutions to diverse industries and end
markets.
Forward-Looking Statements
This press release may contain forward-looking
statements, including statements related to Enphase Energy's
financial performance, market demand and expected availability
dates for its products, expected performance and advantages of its
technology, market trends, and the availability of our 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 Energy’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.
Enphase Energy Contacts:
InvestorsKaren Sagotir@enphaseenergy.com
Presspress@enphaseenergy.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/632a761f-226d-4e37-b3da-097f8cd5b17f
Enphase Energy (NASDAQ:ENPH)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Enphase Energy (NASDAQ:ENPH)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024