Introduces a modular, plug-and-play solution that is fully integrated
into the Enphase Energy Management System
LAS VEGAS--(BUSINESS WIRE)--
Solar Power International 2014 - Booth 812 -- Enphase
Energy, Inc. (NASDAQ:ENPH), announced today its Enphase AC Battery,
an advanced energy storage solution with a modular, plug-and-play
storage device fully integrated with the just-introduced Enphase
Energy Management System. Based on a distributed architecture, the
AC Battery is a safe, reliable and easy-to-install storage solution,
designed for residential and commercial applications. The modular
battery provides system owners with the ability to store solar energy
for nighttime or future use, optimizing solar power consumption and
giving owners greater energy independence.
"Storage is going to be a multi-billion dollar market and will be
essential in helping solar gain broader acceptance and higher
penetration," said Raghu Belur, co-founder and vice president of
products and strategic initiatives at Enphase. "It provides benefits for
the system owner, while also helping with grid stability. We are
bringing the same technological innovation to storage that we brought to
solar, by pairing our innovative distributed architecture with the
best-in-class battery chemistry in the industry."
The AC Battery and Enphase Energy Management System will provide new
opportunities for the company's strong sales channels. As part of the AC
Battery rollout, Enphase has engaged several installation
companies for pilot projects, including Lennar Homes, Hawaii Energy
Connection and Vivint Solar in the U.S.; Pretty Green Energy, CJ Solar
and Domuneo in Europe; and Metro Solar in Australia.
"Lennar and Enphase have developed a strong relationship that helps
enable our groundbreaking Solar 20/20 Plan™ to bring clean energy and
monthly savings to buyers of our new homes," said David Kaiserman,
president of Lennar Ventures and CEO of SunStreet Energy Group. "We
are pleased to be selected as a participant in the Enphase AC
Battery beta testing program and recognize the importance
of energy storage to expanding solar further into the mainstream."
Enphase has selected ELIIY Power, a Japanese battery manufacturer backed
by Daiwa House, as the chemistry provider for Enphase AC Battery. Daiwa
House is Japan's largest homebuilder. ELIIY Power is dedicated to
the development and manufacturing of large-sized stationary batteries,
putting safety above all else.
"We wanted to find a battery partner that would provide us with the
right technology for stationary storage, especially around performance
and safety," continued Belur. "After an extensive evaluation of
different energy storage companies and battery chemistries, we chose
lithium iron phosphate and ELIIY Power. The batteries' long cycle life,
high performance and safety features, as well as the company's
impeccable quality standards, fit in well with Enphase's strong
commitment to reliability, performance and continuous improvement."
"We believe the intelligent combination of solar power and storage will
be an increasingly important energy solution for the world," said
Hiroichi Yoshida, president of ELIIY Power. "We are so honored and
excited about our partnership with Enphase, which is a testament to our
batteries' performance and safety. The combination of our leading
battery technology with Enphase's leading power electronics creates a
truly innovative storage solution. We welcome the opportunity to deliver
volume quantities of our high-quality batteries and to work together
with Enphase to become a global market leader."
The Enphase AC battery, equipped with the S-series
microinverter, will provide 1.2 KWh of energy storage and 275W/550W
power-output. Scalable and easy to install, the battery can also
be monitored and controlled with the Enphase Enlighten software
interface. The Enphase Energy Management System, including the Enphase
AC Battery, will be available through authorized distribution channels
in the second half of 2015.
To learn more about the Enphase AC Battery and the Enphase Energy
Management System, visit Enphase at Solar Power International (Booth
812) in Las Vegas, October 21-23, 2014.
About ELIIY Power
ELIIY Power is a leading manufacturer of high-capacity lithium-ion
batteries for electricity storage. Established in 2006 in Tokyo, ELIIY
Power has its own technology development center and fully automated
factories in Japan, with annual production capacities of 1.2 million
battery cells in total. Utilizing a wide range of cutting-edge
technologies, ELIIY Power's lithium-ion batteries offer world-leading
safety and performance. Its home page is http://eliiypower.co.jp/english/index.html.
About Enphase Energy, Inc.
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.
Enphase Energy®, the Enphase logo and other trademarks or service names
are the trademarks of Enphase Energy, Inc.
Michelle Taylor, 707-763-4784
Global Corporate Communications
Source: Enphase Energy, Inc.
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