SoCore Energy Selects Enphase Energy for Major Commercial Project for Fortune 50 Retailer

Enphase scores win for large multiple-rooftop project, strengthens commercial market position

PETALUMA, Calif.--(BUSINESS WIRE)-- Enphase Energy, Inc. (NASDAQ:ENPH), has been selected by SoCore Energy, a commercial-industrial solar project developer, to be an inverter supplier for a major commercial solar program with a Fortune 50 retailer. Enphase will be providing its microinverter systems for over 4 megawatts (DC) of rooftop photovoltaic (PV) installations developed, engineered and managed by SoCore across locations in California, New York, New Jersey, Connecticut, Delaware and Massachusetts.

SoCore and Enphase have collaborated on several commercial installations featuring Enphase® Microinverters. This latest project, spurred by the retail customer's determination to use Enphase following SoCore's recommendation, reinforces the partnership and further demonstrates the value of microinverter solutions for small-, medium-, and large-sized commercial rooftop installations.

"We have worked together since the early days of Enphase, and I'm a big believer in the company's microinverter system," said Pete Kadens, president of SoCore. "In addition to the Enphase system's simple, flexible design and installation, superior energy production, and inherent reliability, its Enlighten monitoring platform provides an ease of servicing and remote troubleshooting capability. This makes it ideal for a multiple rooftop project."

"Our commercial solutions are built to increase energy production, simplify design and installation, improve system reliability and provide a platform for intelligent energy management," said Jeff Loebbaka, senior vice president of global sales, marketing and support at Enphase. "Partnering with a market leader like SoCore in commercial and industrial installations underscores the growing preference for Enphase Systems in the complete range of commercial solar applications."

The commercial solar market is poised for robust growth, and Enphase continues to accelerate its activities in the sector. The company recently announced it has expanded the Enphase Energy Services group with the acquisition of Next Phase Solar, a leading commercial operations and maintenance (O&M) provider. In addition, Enphase has started shipping its new C250 purpose-built microinverter systems to commercial customers.

For project developers, installers, property owners and other interested parties who want to learn more about Enphase's comprehensive, concept-to-completion commercial solar solution, go to http://enphase.com/commercial-solution/complete/.

About SoCore Energy

SoCore Energy (www.SoCoreEnergy.com) is a market leader in commercial and industrial solar portfolio development. With hundreds of solar solutions designed and installed across the country, SoCore offers multisite retailers, REITs and industrial companies portfolio-wide solar solutions that provide energy cost savings and carbon reduction opportunities. As a wholly owned indirect subsidiary of Edison International (NYSE:EIX), SoCore combines Edison's Fortune 500 stability with entrepreneurial creativity in order to provide energy solutions that our customers genuinely want and need.

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. www.enphase.com

Enphase Energy®, the Enphase logo and other trademarks or service names are the trademarks of Enphase Energy, Inc.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's financial performance, market demands for its products, advantages of its technology and market trends. These forward-looking statements are based on the company'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 these risks and uncertainties and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest Securities and Exchange Commission filings and reports. 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.

Enphase Energy
Michelle Taylor, 707-763-4784
E-mail: pr@enphaseenergy.com

Source: Enphase Energy, Inc.

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