Profile: Enphase Energy Inc (ENPH.OQ)
27 Mar 2017
Enphase Energy, Inc., incorporated on March 20, 2006, is a provider of energy management solutions. The Company is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic (PV) industry. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity at the individual solar module level. The Company offers microinverter systems to the residential and commercial markets in the United States, Canada, the United Kingdom, France, the Benelux region, certain other European markets, Australia and New Zealand.
The Company's microinverter system consists of three components: Enphase microinverters, an Envoy gateway and Enlighten cloud-based software. The Company's Enphase microinverters provide power conversion at the individual solar module level by introducing a digital architecture that incorporates custom application specific integrated circuits (ASIC), specialized power electronics devices, and an embedded software subsystem. The Company's Envoy bi-directional communications gateway is installed at the system location and serves as a hub providing collecting and sending data to Enlighten software, and receiving and distributing microinverter firmware or software updates, thus increasing system availability and providing ongoing utility compliance.
The Company's Enlighten cloud-based software provides the capabilities to remotely monitor, manage, and maintain an individual system or a fleet of systems. The software collects and analyzes system performance information to enable owners and operators to realize the performance of their solar PV system. The two versions of the monitoring software include MyEnlighten, which is designed for the typical system owner, provides performance assurance, and Enlighten Manager, which is available for the solar professional, provides detailed diagnostic capabilities, as well as fleet management tools.
The Company competes with SMA Solar Technology AG, Fronius International GmbH, ABB Ltd. and SolarEdge Technologies, Inc.
Enphase Energy Inc
1420 N McDowell Blvd
PETALUMA CA 94954-6515
Company Web Links
- BRIEF-Enphase Energy files for sale of shares up to 12.03 mln by the selling stockholders
- BRIEF-Third Point reports 8.1 pct stake in Enphase Energy as of March 16, 2017 vs 11.2 pct as of Sept. 28, 2016
- BRIEF-Enphase Energy extends term loan facility
- BRIEF-Enphase Energy says expects to incur about $2 mln in cash-based termination costs and related benefits as a result of restructuring-related action
- BRIEF-Enphase Energy says reducing work force by about 18 pct