ENPH Enphase Energy Inc.

Enphase Energy Expands Solar and Battery Storage Deployments in Austria

Enphase Energy Expands Solar and Battery Storage Deployments in Austria

FREMONT, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that installers of Enphase® products in Austria have seen an increase in deployments of Enphase Energy Systems™, powered by IQ® Microinverters and IQ™ Batteries.

“Austrian homeowners and businesses are increasingly coming to us looking for a safe, reliable home energy solution to power their lives,” said Jan-Michael Zumbach, CEO of . “The Enphase Energy System with IQ Microinverters and IQ Batteries is a top choice for homeowners looking to invest in their energy future.”

“We’re proud to offer homeowners across Austria some of the highest-performing home solar and battery technology available from Enphase so homeowners can utilize clean, reliable energy,” said Norbert Gabriel, owner of . “The system’s modular architecture is easy to install and maintain and, above all, delivers exceptional performance.”

Enphase delivers an enhanced solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. Enphase IQ Batteries feature Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and smooth operation through excellent thermal stability. Enphase IQ Batteries accommodate over-the-air software upgrades for enhanced longevity and come with a 15-year limited warranty in select European countries, including Austria. Enphase’s IQ Microinverters are designed to be long-lasting energy assets and are backed by a 25-year limited warranty in Austria. Homeowners can also use the Enphase® App to monitor performance and intelligently manage their system.

Enphase systems are outfitted with the IQ™ Gateway, which connects an Enphase-based solar system to the Enphase App monitoring platform and helps make per-panel energy monitoring and insights for operations and maintenance easy.

“We’ve seen impressive demand for Enphase’s industry-leading microinverter and battery technology, which together unlock energy savings and more sustainable living,'' said David Selmi, CEO of . “The Enphase Energy System’s user-friendly monitoring capabilities provides detailed insights into system performance and allows homeowners to optimize their energy usage to meet their unique needs.”

Enphase of microinverters from its contract manufacturer Flex in Romania earlier this year. With the Flex Romania factory, Enphase has increased its global capacity of microinverters, enabling Enphase to improve delivery times to European customers while addressing the region’s rapid growth and demand for residential solar.

“The demand for residential solar and battery storage across Europe continues to grow as homeowners look to take control of their energy,” said Marco Krapels, vice president of international sales at Enphase Energy. “We’re proud to partner with leading installers in Austria to provide the country’s businesses and homeowners with clean, reliable solar energy and help support Austria’s goal of 100% renewable electricity by 2030.”

For more information about Enphase in Austria, please visit the Enphase .

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 approximately 63 million microinverters, and approximately 3.3 million Enphase-based systems have been deployed in more than 145 countries. For more information, visit and follow the company on , and .

© 2023 Enphase Energy, Inc. All rights reserved. Enphase, the “e” logo, IQ, and certain other marks listed at are trademarks of Enphase Energy, Inc. in the US and other countries. 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, performance, and reliability; the availability and market adoption of Enphase Energy products in Austria; and the growth of residential solar deployments and deployments of residential battery capacity. 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, 2023, its 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 . 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



EN
08/06/2023

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