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 installers of
Enphase® products in Massachusetts have seen growing deployments of
Enphase Energy Systems powered by IQ8™ Microinverters following the
product’s launch in North America late last year. IQ8
Microinverters paired with Enphase’s industry leading
IQ™ Batteries give homeowners in Massachusetts more energy
security as summer heat reaches record highs in parts of the state
and strains the grid’s infrastructure.
According to the most recent U.S. Solar Market Insight report
from Wood Mackenzie and the Solar Energy Industries Association,
residential solar deployments in Massachusetts are predicted to
reach just over 94 MW in 2022, representing over 600% growth
over the last decade. Additionally, residential battery capacity in
Massachusetts is increasing steadily year-over-year with forecasts
estimating deployments will more than quadruple by the end of 2026,
according to the most recent U.S. Energy Storage Monitor report
from the Energy Storage Association and Wood Mackenzie.
“The Enphase family of products, powered by the IQ8
Microinverter, are changing the way we think about backup power for
solar panels,” said Angela Hemmila, partner at Solar Rising, an
Enphase Platinum level installer. “As a long-time installer of
Enphase products, we’re thrilled to offer highly-customizable,
reliable, and safer home energy systems to Massachusetts homeowners
and businesses.”
“IQ8 is one of the smartest pieces of solar technology on the
market, offering homeowners the opportunity to get backup power
from the sun, with any size battery or even without a battery at
all,” said David Bridge, president at Great Sky Solar, an Enphase
Gold level installer. “Switching seamlessly between on-grid and
off-grid modes, the Enphase Energy System powered by the IQ8
Microinverter unlocks energy independence so that homeowners can
use their solar power even when the grid is down.”
Enphase’s revolutionary IQ8-based systems can provide Sunlight
Backup™ during an outage, even without a battery. For homeowners
who want battery backup, there are no sizing restrictions on
pairing Enphase IQ Batteries with IQ8 Microinverters. In addition,
with the Sunlight Jump Start™ feature, IQ8 Microinverters can
restart a home energy system using sunlight only after prolonged
grid outages that may result in a fully depleted battery. This
eliminates the need for a manual restart of the system and gives
homeowners even greater resilience. Enphase IQ8 solar
microinverters come with a 25-year limited warranty.
“For the increasing number of homeowners looking to make the
switch to solar, the IQ8-powered Enphase Energy System is a great
option,” said Mark Durrenberger, president and founder at New
England Clean Energy. “Beyond saving homeowners money on monthly
electricity bills, the Enphase Energy System delivers the most
efficient and safe operations so homeowners can have peace of mind
knowing they are safeguarding against power outages and reducing
their carbon footprint.”
The IQ8 Microinverter system is the first in the world to be
certified by UL, a global safety science leader, for the new North
American safety and grid interconnection standards for connecting
solar inverters, energy storage systems, and distributed energy
resources to the grid. Enphase’s IQ8 Microinverters, paired with
the IQ™ Combiner 4/4C and IQ™ Gateway, create the first complete
residential DER system certified by UL.
“We’re pleased to be working with installers in Massachusetts to
help homeowners get more value with the Enphase Energy System,”
said Dave Ranhoff, chief commercial officer at Enphase Energy.
“Homeowners can lower their electric bills, keep the lights on, and
even support the state grid with our reliable IQ8-backed
systems.”
Massachusetts homeowners who choose to add Enphase IQ Batteries
in National Grid, Eversource, and Cape Light Compact territories
can also earn up to $1,056 a year by enrolling in the
ConnectedSolutions program. Through the program, homeowners are
compensated for allowing their batteries to discharge during peak
demand events to help stabilize the grid.
For more information about Enphase IQ8 Microinverters and IQ
Batteries, 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 45 million microinverters, and over 2.0 million Enphase-based
systems have been deployed in more than 135 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, IQ, IQ8, Sunlight Backup, Sunlight Jump Start, IQ
Combiner, IQ Gateway, and certain other names and marks are
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 Enphase products; market demand for residential solar
and battery deployments; and growth in deployments of Enphase
Energy Systems. 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 March 31, 2022, its Annual Report on Form 10-K for
the year ended December 31, 2021 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
Enphase Energy (NASDAQ:ENPH)
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