The company highlighted its accomplishments in its 2021 environmental, social, and governance report. Plus, financial analysis from ROTH Capital Partners.
Participating homeowners will connect their home battery to the grid, sharing energy through Green Mountain Power’s distribution system in exchange for financial incentives.
This is Enphase Energy’s fourth recent acquisition, all of which enhance Enphase Energy’s planned digital platform for installers.
The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.
Also on the rise: Enphase starts shipping IQ8 inverter. Michigan gets two new solar projects bringing 50 MW to the state. Meyer Burger to bring solar module manufacturing and jobs to Arizona. A bill aims to re-establish Washington’s former highly effective solar incentive program. Watch the solar array deploy on NASA’s James Webb telescope.
The IQ8 is said to be the most powerful PV microinverter developed by Enphase Energy and is capable of forming a microgrid during a power outage.
The acquisition gives Enphase installers access to a labor pool that can perform service calls, beneficial at a time of severe labor shortages within the industry.
The deal clears a path for Enphase to enter the EV charging market and offer bi-directional charging or vehicle-to-home and vehicle-to-grid applications.
Also on the rise: Jeep installs EV chargers at three trailheads with plans for more, worldwide wind grew at a record clip in 2020, a net metering bill fizzles, a pension fund eyes Spanish solar, and Enphase Energy enters South Africa’s solar market.
Also on the rise: Texas regulators rebuff a call to roll off $16b in storm-related charges, Enphase Energy supplies microinverters to a senior housing project, and Canadian Solar sells Japanese solar projects.
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