Enphase Energy Announces IQ Microinverters Across India

BANGALORE, India, April 16, 2018 -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced the introduction of Enphase IQ™ microinverters across India for the Enphase Microinverter System with IQ™. The IQ family of microinverters are powered by Enphase’s unique software-defined architecture, resulting in an efficient design and a single hardware SKU worldwide.

The IQ family of microinverters produce 18% more power and are 31% lighter and 15% smaller than the current M-Series microinverters, which they replace. IQ microinverters offer the same ease of installation with revolutionary new two-wire cabling, and leverage semiconductor integration for higher reliability and better economies of scale. The IQ family of microinverters supports modules up to 440 Wp, as well as 60- and 72-cell modules. In addition, Enphase’s innovative Envoy-S™ communications gateway offers installers the ability to use both IQ 6 and IQ 7 microinverters interchangeably on any installation.

“We are pleased to introduce our IQ family of microinverters to the rapidly growing solar market in India,” said Nathan Dunn, managing director of Enphase Energy APAC. “With Enphase’s growing footprint across the sub-continent, installers will benefit from our latest IQ microinverter technology by reducing their installation and maintenance costs, and bringing greater value to their customers. The IQ family of microinverters is designed and proven to operate in harsh and dusty conditions such as India’s. They are IP67 certified, highly reliable and are truly made for India, making them an ideal solution for the growing power purchase agreement (PPA) market.”

The IQ family of microinverters offers significant benefits to installers, project developers, independent power producers (IPPs), and homeowners, including:

• Seamless integration into the Enphase Microinverter System with IQ, as well as energy monitoring and insights from the Enphase Enlighten™ software platform's easy-to-use interface.
• Greater reliability achieved via BOM reduction enabled by a new 55nm ASIC chip.
• Fast and easy installation with the lighter two-wire Enphase Q Cable™.
• Improved yield, reliability and reduced operations and maintenance (O&M) ensure higher retained value and a stable return on investment.
• Efficient asset management through granular fleet monitoring and planned maintenance.

IQ microinverters in India are currently available through distributors Sun-AP Ecopower and Waaree Energies Ltd.  

For more information about Enphase IQ microinverters, please visit our product page.

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 over 16 million microinverters, and approximately 739,000 Enphase systems have been deployed in more than 100 countries. For more information, visit www.enphase.com/in and follow the company on Facebook, LinkedIn and Twitter.

Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, market demand for its products, expected product introduction dates, expected performance and advantages of its technology, and market trends. 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.

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Contact:

Julia Pfeiffer
Senior Marketing Manager
Enphase Energy, Inc.
[email protected]
+61 424 655 602