Press Release
Enphase Energy and Vivint Solar Sign Three-Year Strategic Agreement
Leading residential solar provider renews relationship with Enphase as a valued technology partner
"The renewal of Enphase's inverter supply agreement with Vivint Solar
strengthens our ongoing strategic relationship," said
"Enphase Energy is a valued technology partner to Vivint Solar and we
are proud to continue installing its microinverters on residential solar
rooftops," said
Vivint Solar designs, installs, monitors and services the system with no
upfront costs to the homeowner. Through a power purchase agreement (PPA)
or solar energy system lease, a homeowner can use the power generated by
a solar photovoltaic system and generally realize savings relative to
the prevailing electric utility provider rates. Vivint Solar currently
operates in
Enphase continues to see robust demand for its market-leading microinverter technology with current and new customers from larger companies like Vivint Solar to small professional solar installers. The company has shipped more than 5.7 million microinverters worldwide, which are installed in 160,000-plus systems, accounting for over 1.2GW of installed solar generating capacity.
About Vivint Solar
Founded
in 2011, Vivint Solar is a leading provider of residential solar
energy systems in
About
Enphase Energy delivers microinverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management. Our semiconductor-based microinverter system converts energy at the individual solar module level and brings a systems-based, high-technology approach to solar energy generation. Connect with Enphase on Facebook and follow us on Twitter. www.enphase.com
Forward-Looking Statements
This press release contains forward-looking statements of
Enphase Energy®, the Enphase logo and other trademarks or service names
are the trademarks of
Enphase Energy
Senior Manager,
pr@enphaseenergy.com
Source:
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