Enphase Named Top Residential PV Monitoring Vendor in North America

PETALUMA, Calif., Oct. 04, 2017 -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, has been named the #1 residential PV monitoring vendor in North America by GTM Research and market intelligence firm SOLICHAMBA, based on total capacity of residential PV systems monitored in the first half of  2017.  

The report, “Global PV Monitoring 2017-2022: Markets, Trends and Leading Players,” is the solar industry’s only comprehensive analysis of the PV monitoring and control software markets. In their analysis of technologies and vendors, GTM Research and SOLICHAMBA have placed Enphase at the top of the residential segment in North America. The report also names Enphase the #2 residential PV monitoring vendor globally, and the #4 residential PV monitoring vendor in Europe in the inverter category.

“We are pleased to be named as the #1 PV monitoring vendor for the North American residential solar market,” said Badri Kothandaraman, president and CEO of Enphase Energy. "Our software expertise is central to the value we bring to the market, enabling Enphase installers and system owners to benefit from the monitoring and reporting capabilities that maximize the value of their residential solar installations.”

With over 140 patents, Enphase continues to drive differentiation through innovation and meet the changing needs of residential solar customers. Enphase is the world's leading provider of microinverters, with approximately 15 million installed in more than 661,000 systems around the world.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world's only truly integrated solar plus storage solution. Enphase has shipped approximately 15 million microinverters, and more than 661,000 Enphase systems have been deployed in more than 100 countries. For more information, visit www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

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: continued growth prospects; and ability to create value for our employees, customers, shareholders, partners, and vendors. 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.

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Contact: Christian Zdebel, [email protected], 484-788-2384