Enphase Energy Begins IQ Microinverter Production Shipments with Flex in Romania
30 Março 2023 - 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 the first shipments of
Enphase® microinverters produced with global diversified
manufacturer Flex in Timisoara, Romania. This production ramp
represents a key milestone in the two companies’ 15-year
partnership and builds on the manufacturing expansion plans
announced in April 2022. With the Flex factory in Romania, Enphase
will be able to increase global capacity and improve delivery times
to its customers in Europe, addressing the region’s rapid growth
and demand for residential solar.
Initial shipments from Flex’s Romania factory are the IQ7™
family of microinverters. Enphase recently announced the launch of
its revolutionary IQ8™ Microinverters in France and the Netherlands
after their launch in North America in 2021. Shipments of IQ8
Microinverters from Romania are expected to begin in the second
quarter of 2023.
“The demand for solar and home energy management solutions in
Europe and across the globe is expanding as the cost of grid power
continues to increase,” said Badri Kothandaraman, president and CEO
of Enphase Energy. “Adding manufacturing capacity through Flex in
Romania will enable us to meet this growing global demand more
quickly and efficiently, while improving the overall customer
experience for our valued installer network and homeowners across
Europe. I would like to thank Flex for being such a strong partner
in our global manufacturing strategy and look forward to our
continued partnership.”
“Today’s production milestone illustrates our close partnership
with Enphase to accelerate the transition to a more electrified
future,” said Revathi Advaithi, CEO of Flex. “Our expanded
manufacturing agreement in Romania underscores our mutual
commitment to investing in strategic in-region manufacturing to
broaden access to clean energy in Europe and across the globe. We
appreciate the continued trust Enphase has placed in Flex to
advance their global manufacturing strategy and extend product
availability to better serve their customers.”
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 58 million microinverters, and over 3.0 million Enphase-based
systems have been deployed in more than 145 countries. For more
information, visit https://www.enphase.com and follow the company
on Facebook, LinkedIn and Twitter.
© 2023 Enphase Energy, Inc. All rights reserved. Enphase, the
"e" logo, IQ7, IQ8, and certain other names and marks are
trademarks of Enphase Energy, Inc. in the United States and in
other jurisdictions. 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 market demand and expected
availability dates for Enphase products; expected performance and
advantages of its technology and market trends; and ability to
increase Enphase’s global capacity and improve delivery times.
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 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 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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