PETALUMA, Calif., July 11, 2017 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, announced today additional validation that the Company’s newest products are ready for the smart grid requirements in the California and Hawaii markets.
Enphase IQ Microinverters, released in the U.S. earlier this year, received UL1741SA certification for compliance with California Rule 21 which requires additional advanced grid functionality (AGF), effective September 8, 2017. This includes the IQ6 Microinverter, IQ6+ Microinverter, and Enphase Energized™ AC Modules that integrate these microinverters. The initial set of AGF requirements include voltage and frequency ride-through, extending the times that solar energy systems can continue to operate while grid conditions are in flux, as well as methods of reactive power control to help regulate grid voltage.
In addition, Enphase secured Material and Methods (MM#) expedited approval process integration with Hawaiian Electric Co.’s Department of Planning and Permitting, allowing Enphase energy storage project applications to move more quickly through the permitting process. The Enphase AC Battery was introduced in the U.S. in January 2017. This faster processing time enables Enphase customers to install solar + storage systems that meet the requirements of the customer self-supply program.
"Both of these announcements reinforce the value our newest products bring to key solar markets like California and Hawaii,” said Paul Nahi, president and CEO of Enphase Energy. "These are trendsetter markets for solar, so it’s likely we’ll see similar developments in other states in the future, and Enphase is ready.”
With over 150 patents, Enphase continues to drive differentiation through innovation and meeting the changing needs of residential solar customers.
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 more than 13 million microinverters, and more than 580,000 Enphase systems have been deployed in more than 100 countries. Visit www.enphase.com for more information 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 future financial performance, product performance, timing of availability of new products, and advantages of its technology and market trends. These forward-looking statements are based on the company'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 these risks and uncertainties and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest Securities and Exchange Commission filings and reports, including its Annual Report on Form 10-K for the year ended December 31, 2016. 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.
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