Enphase Energy and Energiekonzepte Deutschland Expand IQ Battery Deployments in Germany
October 10 2022 - 5:00AM
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology
company and the world's leading supplier of microinverter-based
solar and battery systems, announced today that Energiekonzepte
Deutschland GmbH (EKD), one of the leading residential solar and
battery storage service providers in Germany, will now offer
Enphase© IQ™ Batteries to its customers as homeowners increasingly
seek out reliable home energy solutions that will lower their
energy bills and reduce their dependence on grid power. EKD has
more than 70 partners in its network and 1,600 sales consultants
across Germany. EKD offers end-to-end solar services including
consultation, installation, and the ongoing care and maintenance of
systems in its mission to make energy independence and resilience
as easy as possible.
Enphase launched IQ Batteries in Germany in June 2021, marking
the product’s first market expansion outside of the United States.
Enphase is actively ramping up its business across Germany and
recently announced the expansion of its distribution partnership
with BayWa r.e. to increase access to Enphase’s industry-leading
microinverter and battery technology in Germany.
“We rely on high-quality partnerships across our network to
complement our services and achieve high customer satisfaction,”
said Mathias Hammer, founder and advisor at Energiekonzepte
Deutschland GmbH. “Enphase has worked quickly to enable us to meet
the growing demand for solar in Germany and will be a strategic
partner to help us reach our target of 40,000 residential solar and
battery systems in 2023. We are excited to offer Enphase’s
best-in-class battery storage and home energy management products,
helping us to further expand our market position in Germany.”
Enphase delivers a safe solar-plus-battery solution that does
not expose installers or homeowners to high-voltage direct current
(DC). Enphase IQ Batteries feature Lithium Iron Phosphate (LFP)
battery chemistry, which provides a long cycle life and safer
operation through excellent thermal stability. Enphase IQ Batteries
accommodate over-the-air software upgrades for enhanced longevity
and come with a 10-year limited warranty. Customers can monitor
performance on solar production and other essential data through
the Enphase® App.
“Enphase is committed to expanding our partnership networks in
Europe as energy prices continue to rise and countries such as
Germany accelerate their efforts to reduce a reliance on fossil
fuels,” said Dave Ranhoff, chief commercial officer at Enphase.
“We’re proud to provide EKD’s growing customer base with the
ability to store and use their own clean solar energy both safely
and reliably.”
Germany is emerging as one of the global leaders for home
electrification and home energy management. Enphase is ramping its
efforts to supply this key solar market with the right hardware and
software solutions. Enphase recently announced its plans to acquire
Munich-based GreenCom Networks, a provider of Internet of Things
(IoT) software solutions for customers to connect and manage a wide
range of distributed energy devices within the home.
For more information on Enphase Energy in Germany, please visit
the Enphase website.
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 more
than 48 million microinverters, and over 2.5 million Enphase-based
systems have been deployed in more than 140 countries. For more
information, visit https://www.enphase.com and follow the
company on Facebook, LinkedIn and Twitter.
© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the
“e” logo, IQ, Enphase App, and certain other names and marks are
trademarks of Enphase Energy, Inc. Other names are for
informational purposes and may be trademarks of their respective
owners.
About Energiekonzepte Deutschland GmbH
Energiekonzepte Deutschland GmbH (EKD) is one of the leading
companies in Germany for a more sustainable and clean energy supply
in the residential sector. With a large network of partners from
trade, industry and installation, EKD focuses primarily on
regionality, availability and short supply chains. With over 1,600
trained professional consultants, EKD guarantees on-site service
throughout Germany with individual contacts at the highest level.
An added value is provided by the in-house storage production, as
well as the solar modules produced especially for EKD. EKD thus
offers a comprehensive portfolio of hardware, software and energy
services for small and large application areas. Further information
is available at www.ekd-solar.de.
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 and reliability; the availability of Enphase’s
products and its ability to ramp up business in Germany; market
demand for residential solar and battery deployments in Germany;
and expectations regarding making energy independence and
resilience as easy as possible. 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 June 30, 2022, its Annual Report on Form 10-K for the
year ended December 31, 2021 and other documents on file with the
SEC from time to time, which are available on the SEC’s website at
https://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.
Contact:
Enphase Energy press@enphaseenergy.com
Energiekonzepte Deutschland GmbHPhilipp Voigt, Head of Marketing
and Public Relations p.voigt@ekd-solar.de
Enphase Energy (NASDAQ:ENPH)
Historical Stock Chart
From Sep 2024 to Oct 2024
Enphase Energy (NASDAQ:ENPH)
Historical Stock Chart
From Oct 2023 to Oct 2024