Enphase Energy Expands IQ8 Commercial Microinverter Deployments in North America

FREMONT, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (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 across North America have seen growing deployments of IQ8 Commercial Microinverters.

A recent Wood Mackenzie report estimated that only 5.1% of viable U.S. commercial properties had solar installations by the end of 2023. IQ8 Commercial Microinverters were launched last year, enabling solar installers and developers to add or expand their commercial solar offerings and capitalize on the market opportunity to grow their businesses. Enphase expects to begin shipping the commercial microinverters from U.S. manufacturing facilities by the end of the second quarter of 2024.

"We installed our first Enphase system in 2009 and haven’t looked back since,” said Andrew Wade, president of My Generation Energy, an installer of Enphase products in Massachusetts. "The new Enphase IQ8 Microinverters allow us to expand our business and tackle the commercial market with the same great products we trust for our residential customers.”

“The new commercial solution from Enphase enables us to provide our customers with one of the safest, most reliable, and resilient solar energy solutions on the market,” said Anil Desai, president at Glass Range Solar, an installer of Enphase products in California. “From a more simplified design and installation process to enhanced monitoring and ongoing operations experience, Enphase is making our lives easier while giving our customers the ultimate peace of mind around their investment.”

The IQ8P-3P Commercial three-phase Microinverters are designed to support 208 V small commercial buildings. The Enphase solution simplifies the design and installation process, improves energy harvest with higher uptime, expands system monitoring capabilities compared to similar solutions, and offers industry-leading safety through an alternating current (AC)-based system using low-voltage power. The IQ8P-3P Microinverters are compatible with a wide range of solar panels from 320 W to 640 W, making the products viable to support projects now and in the future. The high-quality manufacturing process and low failure rates unlock an industry-leading 25-year warranty for all IQ8 Microinverters activated in the United States.