PETALUMA, Calif.–(BUSINESS WIRE)–Enphase Activity (NASDAQ: ENPH) appear today the face-lifting of its cardinal inverter acceding with an associate of Vivint Solar, Inc., a arch provider of residential solar activity systems in the United States. The new multi-year acceding expands on the absolute accord amid the two companies.
“The face-lifting of Enphase’s inverter accumulation acceding with Vivint Solar strengthens our advancing cardinal relationship,” said Jeff Loebbaka, chief carnality admiral of common sales and acreage operations at Enphase. “We accept the acceptable aggregate of the Enphase microinverter-based solar activity administration arrangement and Vivint Solar’s avant-garde consumer-friendly business access provides a acute alms for the U.S. residential rooftop solar sector.”
“Enphase Activity is a admired technology accomplice to Vivint Solar and we are appreciative to abide installing its microinverters on residential solar rooftops,” said Jan Newman, carnality admiral of business development at Vivint Solar.
Vivint Solar designs, installs, monitors and casework the arrangement with no upfront costs to the homeowner. Through a ability acquirement acceding (PPA) or solar activity arrangement lease, a homeowner can use the ability generated by a solar photovoltaic arrangement and about apprehend accumulation about to the prevailing electric account provider rates. Vivint Solar currently operates in Arizona, California, Hawaii, Maryland, Massachusetts, New Jersey and New York.
Enphase continues to see able-bodied appeal for its market-leading microinverter technology with accepted and new barter from beyond companies like Vivint Solar to baby able solar installers. The aggregation has alien added than 5.7 actor microinverters worldwide, which are installed in 160,000-plus systems, accounting for over 1.2GW of installed solar breeding capacity.
About Vivint Solar
Founded in 2011, Vivint Solar is a arch provider of residential solar activity systems in the United States. Vivint Solar designs, installs, and maintains cost-effective solar activity systems. Through a ability acquirement acceding or solar activity arrangement lease, a homeowner can use the ability generated by a solar photovoltaic arrangement and about apprehend accumulation about to the prevailing electric account provider rates. For added information, appointment www.vivintsolar.com or chase @VivintSolar.
About Enphase Energy, Inc.
Enphase Activity delivers microinverter technology for the solar industry that increases activity production, simplifies architecture and installation, improves arrangement uptime and reliability, reduces blaze assurance accident and provides a belvedere for able activity management. Our semiconductor-based microinverter arrangement converts activity at the alone solar bore akin and brings a systems-based, high-technology access to solar activity generation. Connect with Enphase on Facebook and chase us on Twitter. www.enphase.com
This columnist absolution contains advanced statements of Enphase Energy, Inc., including, but not bound to, statements accompanying to the accepted allowances of its acceding with Vivint Solar, approaching demands for its microinverters, advantages of its technology, and bazaar trends. These advanced statements are based on Enphase’s accepted expectations and inherently absorb cogent risks and uncertainties. Enphase Energy’s absolute after-effects and the timing of contest could alter materially from those advancing in such advanced statements as a aftereffect of these risks and uncertainties, which include, after limitation, risks accompanying to the approaching demands for solar activity solutions provided by Vivint Solar and added risks included beneath the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and After-effects of Operations” in Enphase Energy, Inc.’s Quarterly Report on Form 10-Q for the division concluded June 30, 2014, which is on book with the SEC and accessible on the SEC’s website at www.sec.gov. All advice set alternating in this columnist absolution is as of August 12, 2014. Enphase Activity undertakes no assignment or obligation to amend any advanced statements independent in this absolution as a aftereffect of new information, approaching contest or changes in its expectations.
Enphase Energy®, the Enphase logo and added trademarks or account names are the trademarks of Enphase Energy, Inc.
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